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Presidency defends delay in budget reports, says fiscal year Is determined by law, not calendar dates

Presidency defends delay in budget reports, says fiscal year Is determined by law, not calendar dates

The Presidency has defended the delayed publication of recent Quarterly Budget Implementation Reports, insisting that Nigeria’s fiscal year is defined by legal authorisation and not strictly by the January-to-December calendar cycle. In a statement issued on Sunday, the Director-General of the Budget Office of the Federation, Tanimu Yakubu, said concerns raised by members of the [...] The post Presidency defends delay in budget reports, says fiscal year Is determined by law, not calendar dates appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

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