…laments poor performance by MDAs
By Emma Ujah,
ABUJAâ€”In spite of assurances by the Federal Government, last year’s budget implementation stood only at 54.26 per cent, the Minister of Finance, Dr. Mansur Muhtar, has disclosed.
He lamented that many ministries, departments and agencies of the Federal Government failed to adequately utilise the resources placed at their disposal, a situation he said was unacceptable, since Nigerians were eager to have the dividends of democracy as promised by the government.
His words, â€œduring the course of the year, many MDAs were able to effectively implement such strategies resulting in significant improvement in capital budget implementation rates, from an average rate of about 20.68% as at the end of March 2009, to an average rate of about 54.26% as at 31 December 2009.
â€œHowever, while a few MDAs were able to achieve relatively high rates of capital budget implementation, many more were unable to effectively utilise the financial resources placed at their disposal to deliver on the priorities of government. This poor performance from some of our MDAs is inexcusable.
Asks for accelerated development
â€œNigerians have patiently awaited the dividends of democracy in terms of critical infrastructure, uninterrupted power supply, qualitative education and healthcare, physical and food security, job creation and wealth generation.
It is now imperative that we accelerate our efforts to deliver on this administrationâ€™s commitment under the Vision 20:2020 to stimulate economic growth and launch us into a trajectory of development that will place Nigeria among the 20Â leading economies by the year 2020.
Dr. Muhtar blamed the poor budget implementation by most MDAs on â€œbureaucratic and documentation challenges; variable understanding of, and ability to navigate the e-payment and procurement systems; and shortcomings in the MDAsâ€™ implementation planning processesâ€.
To address this problem, the minister said the administration had taken deliberate measures to trained key officers of the MDAs on the procurement and e-payment systems and that â€œevery month, a cabinet-level meeting is devoted to assessing the level of implementation achieved by key large-spending MDAs.