The Minister of State for Budget and National Planning, Hajiya Zainab Ahmed, disclosed this when members of the Association of National Accountants of Nigeria led by its President and Chairman of Council, Mr. Anthony Nzom, visited her in Abuja.
The minister also hinted that apart from the preparation for the 2017 budget process, the ministry was also working on the medium term 2016-2020 development programme of the Federal Government.
Ahmed, according to a statement issued by the Director of Information in the ministry, Mr. Charles Dafe, called for support from ANAN in the area of technical expertise on the application of zero-based budgeting.
The zero-based budgeting approach reverses the working process of traditional budgeting by ensuring that all expenses are justified in the new period.
The approach is different from the now common envelope system in the civil service, which was introduced by the Federal Government in 2003 and works by providing each Ministry Department and Agency, with a maximum amount for its capital and recurrent needs for the fiscal year.
The statement quoted Ahmed to have said, “The Federal Government has started preparation on the 2017 budget process and also the medium term 2016-2020 development programme; our ministry needs ANAN’s technical training on the ZBB application.”
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