Naira Watch

The working relationship between the 9thNational Assembly (NASS) and the Executive branch has been good and two of the benefits are a return to January to December budget cycle and enactment of a Finance Act, which improves current tax laws. However, the good relationship can’t seem to get the Federal Government out of its fiscal mess. In fact, it appears both the Executive and Legislature are bent on frantic digging, while in a hole.

Without doubt, the most difficult job in President Buhari’s cabinet is that of the Minister of Finance, Budget and National Planning. Afterall, the ministers of interior, police and defence seem to be insulated from taking responsibility for the security mess. She, on the other hand, has to balance vital competing needs and deal with a NASS happy to racket up spending in a tight fiscal environment. Since 2016, government finances have been under pressure…

View original post 1,848 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s