Deregulation stalls 2010 budget presentation – Tribune
November 3, 2009 by Bunmi Awolusi
Plans by the Presidency to deliver the 2010 budget to the National Assembly early enough have been hampered by moves to accommodate the deregulation of the downstream sector of the oil industry effectively from the next budget.
It was gathered, at the weekend, that technocrats in the administration have continued to tamper with the budget figures because they believed that deregulation would sail through and form the basis of the 2010 budget.
Organised labour and the government have been at loggerheads over the introduction of the deregulation policy.
The National Assembly had waited in vain throughout October for the new budget to be presented by the president.
