Lagos Chamber of Commerce and Industry Urges National Assembly To Expedite Action On Budget Approval

The Lagos Chamber of Commerce and Industry has urged the National Assembly to consider and approve the 2019 Budget expeditiously to ensure optimal implementation.

LCCI President, Babatunde Ruwase, said the country had witnessed the adverse impact of delayed budget passage on the national output and real economic activities.

Ruwase urged the government to encourage private capital in the delivery of infrastructure projects, through enabling reforms and Public Private Partnership.

Nigerian National Assembly
Kabusa16 [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons

He said Ruwase said it was imperative to ensure improved independent revenue performance in 2019, saying that weak government revenue had continued to constrain budget performance.

Written by BoomRadioNG