BREAKING: Senate asks FG’s agencies to submit budgets in two weeks

The Senate has asked Federal Government to present the budgets of corporations, agencies and parastatals to the legislature in two weeks.

The lawmakers issued the ultimatum at the plenary on Wednesday.

Also, the Senate barred the affected corporations and parastatals from capital expenditure until their budgets had been passed by the legislature.

The lawmakers decried non-compliance with Section 21 of the Fiscal Responsibility Act by government agencies.

Details later…

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