The Executive Director, Centre for Social Justice, Eze Onyekpere, says there is nothing to consolidate in the 2018 Budget.
Speaking on Channels Television’s Politics Today, Onyekpere stated that: “I have not seen anything positive in terms of what has been achieved in the past two years through the budgeting process that we need to consolidate.
“The concept of consolidation means that there is something positive that you want to build on – there probably should be a deconsolidation process because we are trying to move from ignoring the implementation in the capital Budget to a capital Budget that should be implemented.”
President Muhammadu Buhari recently addressed a joint session of the National Assembly concerning the 2018 Appropriation Bill and presented the 2018 Budget proposal to the lawmakers.
President Buhari, who said that the 2018 Budget would consolidate on the achievements of the previous Budget, had express optimism that 2018 would be a year of better outcomes.
Nothing to consolidate
Onyekpere, who is also a lawyer, however, disagreed with the President’s comment on consolidation, saying: “We are seeking to move away from a revenue focus and projection that is based on sentiment to one that is based on empirical evidence.”
“So, I don’t see anything to consolidate because you cannot consolidate poverty, you cannot consolidate arbitrariness and you cannot consolidate lack of implementation in the capital Budget.
“You cannot consolidate unempirical forecast of revenue and so, there is absolutely nothing to consolidate,” he added.