Samuel AwoyinfaThe Nigeria Employers’ Consultative Association has decried the recurring delay in the passage of the national budget, saying this does not help economic growth and threatens foreign direct investment. He said, “The continuous delay in budget passage year on year is worrisome and continues to be a major source of concern for the private sector. The importance of quick passage of the budget cannot be over-emphasised as it plays a very critical role in economic development. “In Ghana, for instance, the budget for the 2019 fiscal year was approved in November 2018. We also urge our lawmakers to give the 2019 budget the utmost importance it requires as budget passage should not suffer at the expense of politics.”Copyright PUNCH.

Source: Punch February 03, 2019 23:03 UTC