The National Assembly is at the final stage of releasing its budget process for public scrutiny, Senate President Bukola Saraki, has said.
Speaking on Monday, Mr. Saraki also said the 8th National Assembly was determined to implement budget reforms that would open the budget process to greater scrutiny and openness.
He stated these while inaugurating the committee on budget reforms in Abuja yesterday.
The Senate president noted that over the years, the National Assembly and the Executive have expressed frustration and dissatisfaction with the outcome of the nation’s budgets.
He said that Nigerians are equally unimpressed by the outcome and implementation of the budget because the exercise had come with more conflicts than results.
He said, “For us in the 8th National Assembly we are ready to open a new chapter and lay a new foundation on which an effective budget process can be built. This is the task on our hands.
“It is a notorious fact that our annual budgets are yet to be fully aligned with our development goals, from conceptualization, approval and implementation of our annual budget, there is need to converge our budgeting to national planning, continuity and efficiency, hence the need to revisit the process.
“Government operations are less susceptible to corruption and abuse when they are predictable, transparent and accountable”.