Buhari Orders Reduction of Recurrent Expenditure In 2016 Budget

In a statement released yesterday by Senior Special Assistant to President Buhari on Media and Publicity, Garba Shehu, President Buhari yesterday ordered the National Planning Commission to go back to the drawing board and produce the framework for the 2016 national budget that will reduce recurrent expenditure and prioritize developmental projects.

“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 prioritised,” the President directed.

“Of course, we sought the President’s support for the articulation and finalisation of that document because his pronouncement on it will assist us in rapidly doing so.

“Planning, like I said, will make it effective from 2016 to 2019.

“So, we should be working very seriously to pick out the elements that will form the document.

“The core areas: security, the areas of diversification, the area of restabilising the polity, the micro economic situations that are going to be addressed.

“Of course, we can’t forget the issues of unemployment and agric in the real sectors. These are the areas that will drive and ensure that the employment situation is improved upon and that will reduce the poverty level,” he added.