Buhari writes National Assembly,wants 2016 Budget adjusted

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Nigeria’s President Muhammadu Buhari has written to the National Assembly seeking adjustments to some line items in the 2016 budget to address financial urgencies.According to a report by Premium Times, Mr Buhari is seeking seeks a total N180.8 billion in virement for line items in both capital and recurrent expenditures following renewed militant activities in the Niger, Mr Buhari listed security, intervention programs, education and services as areas which needs urgent injection of funds.He added that there was no point allowing funds to lay idle in some agencies while activities are grounded in others due to financial shortfalls.The Buhari administration had been grappling with low internal revenues for several months amid an economic recession.

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