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Budgeting for People Welfare and Sustainable Growth | News Updates

Posted by on November 2, 2018 and categorized under News Updates

Budgeting for People Welfare and Sustainable Growth

The primary purpose of government, according to the 1999 constitution is the security and welfare of the citizens. Political scientists, the world over, also in agreement, believe in the doctrine that if a government cannot address issues of security and welfare of the people, such a government has no basis of existence and the electoral mandate of the people is betrayed. And the only constitutional instrument that addresses the welfare and security of the people is the budget or the appropriation law. Of all the laws enacted by the legislative arm of government, none is as powerful and it would not be out of place to say that budget is indispensable in running the affairs of government. It is from the budget that money is appropriated and the policy direction of the government can be measured.

Continue reading Budgeting for People Welfare and Sustainable Growth at Vanguard News Nigeria.

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