Nigerians Can Be Assured Of Full Implementation Of 2021 Budget – FG

President Muhammadu Buhari has come out to say that Nigerians can be assured of full implementation of the 2021 budget.

Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, recently revealed that the president gave the assurance in Daura, Katsina State, after participating in the registration and revalidation exercise of the All Progressives Congress (APC).

According to him, the budget will be implemented with all the transparency and openness possible, and the National Assembly did well to fast track its passage.

He added that all Ministries, Departments and Agencies have been ordered to follow what is in the budget so that FG can get the National Assembly to easily support the next budget.

His words, “We have directed all the Ministries, Departments and Agencies to follow what is in the budget so that we can get the National Assembly to easily support the next budget.”

“We can tell them what we have received, and how it was spent.”

“We are always ready to make the balance sheet available for all Nigerians and the National Assembly. We have nothing to hide.’’

“On the flip side, MPC also opined that an aggressive expansionary stance may worsen both inflation and the negative real interest rate, thereby resulting in negative consequences on exchange rate.”

“With regard to tightening, MPC concluded that this may run contrary to its objectives of providing affordable credit to households, MSMEs, Agriculture, and other output growth and employment stimulating sectors of the economy.”

“MPC was therefore of the view that it should pursue its current stance of systematic synchronization of monetary and fiscal policy accommodation through its developmental finance initiatives, aimed at mitigating the impact of the COVID-19 pandemic on Nigerians.”