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Sovereign Wealth Funds Briefing - Categorized | Market

Budget 2014: Battle over Excess Crude Account frustrates presentation

Posted on 16 December 2013

The protracted battle between the upper and lower legislative houses of the National Assembly has frustrated the presentation of the 2014 budget, even as the NASS goes on recess, Thursday.
The Chairman, Senate Committee on Rules and Business, Senator Ita Enang says if President Goodluck Jonathan decides to submit the 2014 national budget without a resolution on the 2014-2016 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP), it may raise “legal issues”………………………………………..Full Article: Source


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