Senate President, Dr. Abubakar Bukola Saraki said that the ineffective implementation of past budgets and abandonment of projects have led to wastages that have negatively affected the nation's economy in the last 16 years.
Saraki who stated this in his speech during the National Assembly's interactive session with Civil Society Organizations (CSOs) on the 2016 budget on Wednesday, in Abuja, said in response to the unacceptable trend, the 8th National Assembly has stepped up its oversight functions to ensure that funds are spent ‘how’, ‘where’ and on ‘what’ they were earmarked for.