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Udoma Udo Udoma, minister of budget and national planning, has announced that the focus of the federal government second tenure will be on job creation as more work need to be done in ensuring a more stabilized economy.
The minister giving account of his stewardship of the ministry at the End-of-Tenure Press Conference in Abuja on Tuesday, said that a lot has been done in the last three and half years but more need to be done especially in ensuring job creation for youths.
“We have done a lot in this tenure to achieve the key mandates of this Ministry which include preparing the annual budgets as well as the medium-term expenditure frameworks, rendering policy advice to the Federal Government on all aspects of national development, amongst others, however, the focus of the next level will be on job creation, we will concentrate more on the part of the economy that will create jobs”.
Speaking further, the minister said that efforts were put in place to ensure that the Budget Office was properly integrated as part of the Ministry by adopting the zero-based approach for budget preparation, which required justification of every budget item for funds allocation.
He explained that the online budget preparation was introduced to ensure that the identity of any person inputting any budget item can be ascertained adding that it has improved the integrity of the budget.
“Most importantly, we were able to ensure that our executive budget proposals are aligned with the strategic policies of government as set out in the Medium-Term Fiscal Framework and Fiscal Strategy Paper, and other governmental programmes and plans”.
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