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Executive To Present 2023 Budget To NASS By September – DG Budget Office

Rich Nigerians Should Pay More Taxes - DG Budget Office

The executive will present the 2023 Federal Government budget proposal to the National Assembly by September, Director-General, Budget Office of the Federation Ben Akabueze has disclosed.

Gatekeepers News reports that Akabueze made the disclosure on Monday at the commencement of the training of Budget Officers of Federal Ministries, Departments and Agencies, MDAs, in Abuja, the nation’s capital.

Akabueze, who was represented by Fabian Ogbu, the Director Expenditure and Socials, said: “The Executive Budget Proposal will be submitted to the National Assembly by September 2022 pursuant to Mr. President’s directive, and in a bid to get the 2023 Appropriation Bill passed and signed into law by 31st December 2022.

He expressed displeasure over the failure of officers in charge of budget preparations in many MDAs to comply with details of Budget Call Circulars, in the past.

He said: “It has been observed however, that MDAs do not study the Budget Call Circular in detail and as such make mistakes that should ordinarily be avoided if they had complied with the relevant sections of the budget circular.

“To this end, one of the modules at the training will address key items and sections to note in the 2023 FGN Budget Call Circular.”

Akabueze said the BOF decided to organise a series of engagements and stakeholder consultations with key revenue generating agencies, civil society organizations, CSOs, the Nigerian Governors Forum, the National Executive Council, NEC, the National Assembly as well as the Federal Executive Council, FEC.

He added that budget personnel were being trained to give them requisite knowledge, skills and the tools required to prepare and submit the 2023 budget in a timely and efficient manner.

The DG Budget stated that for the 2023 budget preparation, the BOF intended to maintain the use of the GIFMIS-BPS, “We plan to leverage on some of your feedback and lessons learned from previous budget preparation exercises to improve your experience this year,” he said.

He added that experts had been engaged to handle different aspects of the training including some fundamental budget concepts as well as hands-on training using the GIFMIS-BPS for budget preparation.

The participants were advised to reflect their sectoral mandates and priorities in the preparation of the various budgets before submission to the Budget Office.

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