By Paul Obi in Abuja
The Nigerian Employers Consultative Association (NECA) weekend deplored the Presidency and National Assembly for the poor handling of the 2016 budget.
According to the body, the current impasse surrounding the budget and the attendant distortion is an indictment on both the executive and legislative arms of government.
NECA Director General, Segun Oshinowo stated this when he received the Acting Managing Director of the Nigerian Social Insurance Trust Fund (NSITF), Ismail Agaka in his office.
He said: “The inability of the National Assembly and executive to produce the 2016 budget is saying something silently loud about our country. I think it is shameful that there is no budget four months into the year.
“What kind of image are they painting of our country outside? He asked. “We need to urgently address our mind to a situation where our budget for the current year is unusually delayed.
“What stops us from getting our budget to be passed before the commencement of the budget year and address those issues that have served as encumbrance to passing the budget annually,” Oshinowo stated.