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Home Economy

Ministry trains MDAs ahead 2023 FGN budget

Business 360 by Business 360
August 16, 2022
in Economy
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FG borrowed N1.3tn in four years to subsidise power consumers, firms – World Bank

The Federal Ministry of Budget and National Planning has commenced training for Ministries, Departments and Agencies’ personnel who will be involved in 2023 budget calendar preparation based on the Government Integrated Financial Management Information System – Budget Preparation Sub-System.

The Director-General, Budget Office of the Federation, Ben Akabueze announced this during the opening ceremony of the training in Lagos on Monday. Speaking in his opening remark, Akabueze, represented by the Director of Expenditure and Economics,

Mrs Modupeola Lasekan said, “The main goal of this training is to provide continuous learning to equip budget personnel with the requisite knowledge, skills and the tools they require to prepare and submit the 2023 Budget in a timely and efficient manner.

“The budget is also intended to be in tandem with extant FGN policies and guidelines as articulated in the 2023 FGN budget call circular and other relevant laws/regulations.”

Lasekan explained it had been observed that MDAs do not study the budget call circular in detail and there, make mistakes that should ordinarily be avoided if they had complied with the relevant sections of the budget circular.
 

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