“The Budget Office is our primary partner in setting up the budget appropriation document. What we have presented today showed the revenue reconciled with all the regular parties involved in the FAAC process and the budget Office is fully represented in that process. Abiodun Faleke who presided over the session, expressed grave concern over the high cost of crude oil production, saying: “the greatest problem that we have is the cost of production by NNPC. Dr Akabueze who was represented by his Technical Adviser, Dr Samuel Omenka, said: “Our expectation at the Budget Office is that all agencies of government should submit their budget to the National Assembly through the Budget Office. That is important for us to know their revenue and expenditure as an agency of Government just like others.

Source: Nigerian Tribune August 19, 2020 16:52 UTC