APC hails signing of 2016 budget by President Buhari


By Umar Muhammad Puma

The All Progressives Congress (APC) has hailed the signing of the 2016 Appropriation Bill into law by President Muhammadu Buhari.

The party’s National Chairman, Chief John Odigie-Oyegun, in a statement issued on Friday on behalf of the APC, also commended both arms of the eighth National Assembly–Senate and House of Representatives–for its successful consideration and passage of the 2016 budget.

“The APC calls on Ministries, Departments and Agencies (MDAs) to ensure effective and speedy implementation of the 2016 Appropriation Act so that the objectives of the unprecedented N6.06 trillion ‘Budget of Change’ will be realised. Commendably, 30 percent of the 2016 budgetary provision has been committed to capital projects,” the national chairman stated.

The party also commended Nigerians for their patience and understanding during the consideration, passage and eventual presidential assent to the 2016 Appropriation Act, stating that the 2016 budget caters for many of the promises made to the electorate by the party.

“The APC assures Nigerians that the 2016 budget caters for many of the promises made to the electorate by the party in the course of the 2015 presidential campaign. This includes the safety net created to cater for the poorest and most vulnerable Nigerians amongst other pro-people developmental policies.

“Already, the Buhari’s administration has announced that the implementation of the 2016 budget will focus on 34 key programmes grouped under four thematic areas – security/policy governance, diversification of economy, succour for vulnerable Nigerians, and reflating the economy through investments.

“The APC hereby calls on all stakeholders and well-meaning Nigerians to support and ensure the success of the laudable programmes contained in the 2016 National budget as they will positively affect every facet of Nigeria’s socio-economic life”, the statement reads.


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