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NACCIMA frowns at late budget passage in Nigeria

NACCIMA frowns at late budget passage in Nigeria

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The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has decried the late passage of 2018 Appropriation Bill by the National Assembly almost six months after.

In a statement by its President, Iyalode Alaba Lawson, the body said the late passage and President’s assent of the budget hinders efforts to resuscitate the economy and ensure well-being of Nigerians.

While commending the National Assembly for doing a thorough job on the bill, Lawson said it is important the lawmakers and Executive work closely to ensure quick passage of the budget proposal.

The statement reads: “NACCIMA advises the executive to expedite action in reviewing the document passed by the National Assembly and its signing into law as well as judicious implementation of the budget for maximum impact of Nigerians.”

The Nation

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