2016 budget saraki assures nigerians adequate oversight

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2016 Budget: Saraki Assures Nigerians of Adequate Oversight

The President of the Senate, Bukola Saraki, has assured Nigerians that the National Assembly will ensure adequate oversight of the 2016 budget to ensure its effective implementation.

Saraki made the assurance while presenting the 2016 budget to the Senate on Tuesday, December 22, 2015.

He said that the National Assembly will work closely with the executive arm of government to ensure that the budget is implemented in a transparent and accountable manner.

"We will ensure that the budget is implemented in a transparent and accountable manner, and we will also ensure that there is adequate oversight to ensure that the funds allocated are used for the purpose they were intended," Saraki said.

He also assured that the National Assembly will not compromise on its constitutional duties of approving the budget and ensuring its effective implementation.

"We will not compromise on our constitutional duties of approving the budget and ensuring its effective implementation. We will work closely with the executive arm of government to ensure that the budget is implemented in a way that benefits all Nigerians," Saraki said.

The 2016 budget, which is N6.06 trillion, was presented to the National Assembly by President Muhammadu Buhari on December 22, 2015.

The budget is expected to be passed by the National Assembly before the end of the year, and implementation is expected to start in January 2016.

Saraki's assurance has been welcomed by many Nigerians who are eager to see the budget implemented effectively to address the country's economic challenges.