Buhari Meets National Planning Commission, Orders Reduction of Recurrent Expenditures

   

President Buhari has ordered the National Planning Commission NPC to reduce recurrent expenditure in National budget by giving priority on Capital expenditure as a review framework  for 2016 Budget.
He gave the order after he was been briefed by the Executive Secretary of the Commission, Mr Bassey Akpanyung at the Presidential Villa.


“In carrying out its role in surveillance of the economy, review and appraisal of policies, the Commission should devise a plan for a realignment of the budget, so that capital projects can be really prioritized,” the President directed.
But The Executive Secretary told the president that the system is been surrounded by many challenges,which includes  non-alignment of national plans with the annual budget and inadequate capacity in the departments of Planning, Research and Statistics in the various government ministries.