The public hearing is intended to assist efforts towards improving transparency in the budgetary process, by making it all inclusive.
Some of the 59 stakeholders expected to submit memoranda include the Minister of Budget and National Planning, Senator Udo Udoma, Minister of Finance, Mrs. Kemi Adeosun, Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, Minister of Transport, Mr. Rotimi Amaechi, Minister of Agriculture, Chief Audu Ogbeh, Central Bank Governor, Mr. Godwin Emefiele, the Nigeria Labour Congress, Trade Union Congress, Civil Societies, and other groups.
Presentations at the hearing are expected to focus on the basic recommendations and budget policies of the president as contained in the budget speech by the president, and the fiscal, financial and economic assumptions used as basis in arriving at total estimated expenditure and receipts.
The Speaker of the House of Representatives, Hon. Yakubu Dogara, at resumption from the Christmas and New Year Break, had pledged to ensure that the 2017 budget process is transparent.
[Source: Vanguard]
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