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Reps Pass 2013 Budget - Politics - Nairaland

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Reps Pass 2013 Budget by ogusbaba1(m): 4:35pm On Dec 20, 2012
The House of Representatives on Thursday passed the 2013 budget of N4.987 trillion as against the N4.924 trillion presented by President Goodluck Jonathan.

This represents a difference of N63 billion.

It is comprised of N387.9 billion for statutory transfers, N591.7 billion for debt services.

The News Agency of Nigeria reports that the budget is also made up of N2.3 trillion as recurrent non-debt expenditure, N1.6 trillion for contribution to the development fund for capital expenditure for the year ending December 31, 2013.

All unutilized capital expenditure in the 2012 budget had been rolled over to form part of the 2013 Appropriation Act.

The Deputy Speaker, Mr. Emeka Ihedioha, who presided enjoined all standing committees of the House to carry out their oversight function in order to ensure full implementation of capital projects.

The spending plans assumed a 79 dollars per barrel benchmark oil price as against the 75 dollars submitted to the National Assembly by the president.
credits to http://thenationonlineng.net/new/news-update/reps-pass-2013-budget/


Nigeria House of Representatives done talk on today wey be Thursday say, dem don pass the 2012 budget of N4.987 trillion as them go against the N4.924 trillion wey our Oga patapata wey be President Goodluck Jonathan.
Them don talk say this one don show another tin of N63 billion.



Them also talk say na from N387.9 billion for statutory transfer, N591.7 billion for debt service.

Aproko people of Nigeria wey be News Agency Of Nigeria, don say the budget don even made up another N2.3 trillion as recurrent non-debt expenditure, as Oyibo people dey talk am.

Big money wey person like me neva see wey be N1.6 trillion for contribution to the development fund for capital expenditure for the year ending wey be December 31, 2013.

As the story don reach so, All money wey dem use any how as (unutilized capital expenditure) in the year 2012 budget had been rolled over from part of the 2013 appropriation Act.

For the grandfinally, Dem don assumed say $79 for one barrel benchmark oil price against the one of $75 wey dem submit to overall house, wey be our obodo 9ja (National Assembly by the President)
Pigin Credits to http://www.ogusbaba.com/2012/12/9ja-news-reps-don-pass-2013-budget.html
Re: Reps Pass 2013 Budget by Okijajuju1(m): 5:02pm On Dec 20, 2012
NO be God



grin grin grin grin grin grin


Re: Reps Pass 2013 Budget by Nobody: 5:03pm On Dec 20, 2012
D only responsibilty PDP carries out without sleeping . Passing budgets.mtcheewwwww

1 Like

Re: Reps Pass 2013 Budget by Noblechyk: 5:07pm On Dec 20, 2012
Good development. Kudos to house of reps. Over 2 d executive for full implementation.
Re: Reps Pass 2013 Budget by Orpelin: 5:07pm On Dec 20, 2012
what is the performance rate of 2012 budget pls?

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Re: Reps Pass 2013 Budget by azyaq(m): 5:15pm On Dec 20, 2012
Nawa ooo na trillion we dey hear now after trillion na wetin we go de hear again
Re: Reps Pass 2013 Budget by ogusbaba1(m): 5:16pm On Dec 20, 2012
azyaq:
Nawa ooo na trillion we dey hear now after trillion na wetin we go de hear again
na only God know
Re: Reps Pass 2013 Budget by ITbomb(m): 5:18pm On Dec 20, 2012
What?
Pass a budget in December?
Wey the people wey dey wait to negotiate their cut from the MDAs before approving allocation
Re: Reps Pass 2013 Budget by BeraBera(f): 5:19pm On Dec 20, 2012
Omo see figures! shocked Well, I sincerely hope that all these figures would translate into improved standard of living for the average Nigerian, better infrastructures (medical, social, educational,etc) for us all.
Re: Reps Pass 2013 Budget by tunapawizzy: 5:20pm On Dec 20, 2012
i hate to read anything about these useless people

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Re: Reps Pass 2013 Budget by ogusbaba1(m): 5:20pm On Dec 20, 2012
BeraBera: Omo see figures! shocked Well, I sincerely hope that all these figures would translate into improved standard of living for the average Nigerian, better infrastructures (medical, social, educational,etc) for us all.
ogal u sabi be language like dis ? u go fit dey work for me so? na question o
Re: Reps Pass 2013 Budget by jobaskia(m): 5:24pm On Dec 20, 2012
What is the impact, relevance of the 2012 budget ? This people are just deceiving themselves . dem think say we no get eyes and ears.
It's really pathetic. When are they going to be fiscally and monetary responsible!
Re: Reps Pass 2013 Budget by SlyIg(f): 5:39pm On Dec 20, 2012
Fuel subsidy dey dia?
Re: Reps Pass 2013 Budget by yuzedo: 5:41pm On Dec 20, 2012
Orpelin: what is the performance rate of 2012 budget pls?
Great question.... Imagine, N2.3 trillion RECURRENT EXPENDITURE shocked shocked and N591.7 billion for debt servicing?? Abeg, what did they use the accessed debt to finance?! undecided
Anyway, I have given up on these "leaders" long time ago......................................................................................... I have a plan! angry angry angry

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Re: Reps Pass 2013 Budget by naijachix(m): 5:45pm On Dec 20, 2012
ITbomb: . . . .Wey the people wey dey wait to negotiate their cut from the MDAs before approving allocation

YOU JUST SPOKE MY MIND. . . . NA USUALLY 50:50 ARRANGEMENT. BY THE TIME THE FUND GETS TO THE FINAL USERS, IT CAN'T SOLVE IT'S INTENDED NEED. . . SO DEM GO JUST FASHY DE PROJECT AND PUSH IT TO NEXT YRS BUDGET; AND THE CIRCLE CONTINUES. BLIND MEN LEADING HALF BLIND PEOPLE.
MAY GOD HELP US ALL.
Re: Reps Pass 2013 Budget by miteolu(m): 5:48pm On Dec 20, 2012
Kamsy10: D only responsibilty PDP carries out without sleeping . Passing budgets.mtcheewwwww

Not PDP only
Re: Reps Pass 2013 Budget by omoola007(m): 5:53pm On Dec 20, 2012
2013 budget of N4.987 trillion as against the N4.924 trillion

N4,987,000,000,000 / 160,000,000 = N31,168.75 PER CAPITA , OR $194.80 PER CAPITA

Compared to the US

Submitted February 13, 2012
Submitted by Barack Obama
Submitted to 112th Congress
Total revenue $2.902 trillion (requested)
Total expenditures $3.803 trillion (requested)
Deficit $901 billion

$3,803,000,000,000/314,970,000 = $12,074 or N1,931,866 PER CAPITA

Yet we want to develop. we are allocating what they use as tip for development.

GOODLUCK TO NIGERIA........

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Re: Reps Pass 2013 Budget by Omen100(m): 5:55pm On Dec 20, 2012
Yes, the hole the executive dug for the legislators has being rearranged for the executive to fall inside, as it is today, there will be no more excuse again cool cool cool cool cool cool cool cool cool
Re: Reps Pass 2013 Budget by Demdem(m): 6:47pm On Dec 20, 2012
Ok, reps through. It remains the senate. Both houses will have to reconcile their figures before sending it down for the retardeen Sig.
Re: Reps Pass 2013 Budget by Dibangoking(m): 6:47pm On Dec 20, 2012
BeraBera: Omo see figures! shocked Well, I sincerely hope that all these figures would translate into improved standard of living for the average Nigerian, better infrastructures (medical, social, educational,etc) for us all.
see the cost of governance alone in naija is too expensive talk more of saying reaching the average nigerian.....i doubt it.........sowie for being persimistic
Re: Reps Pass 2013 Budget by Mcdugull: 6:55pm On Dec 20, 2012
when we go begin HAMMER the Assumed Money ? cheesy cheesy cheesy
Re: Reps Pass 2013 Budget by vision2050: 7:07pm On Dec 20, 2012
No more vision 2020 na vision 2050 we dey hear.
Re: Reps Pass 2013 Budget by J12(m): 7:17pm On Dec 20, 2012
Unutilised capital expenditure When there's so much work to be done? Recurrent expenditure still higher than capital expenditure. Na wa o, with the way things are going in Naija, we go still dey shout UP NEPA in 2020.
Re: Reps Pass 2013 Budget by ldpele(m): 8:07pm On Dec 20, 2012
SlyIg: Fuel subsidy dey dia?
lolzzz,abeg some1 shld cnfirm 4us
Re: Reps Pass 2013 Budget by a1solution: 8:36pm On Dec 20, 2012
ogusbaba1:
credits to http://thenationonlineng.net/new/news-update/reps-pass-2013-budget/



Pigin Credits to http://www.ogusbaba.com/2012/12/9ja-news-reps-don-pass-2013-budget.html
you nor sabi speak pidgin english wen be Naija official language, I sorry for you
Re: Reps Pass 2013 Budget by uihebom: 9:37pm On Dec 20, 2012
Wetin be the result of dis year budget first, I hate to talk about garri, but I noticed the price of it nova reduce for market. Even chickens I noticed recent sey so many of them wey dey market no dey tall and big again like good old days. Cos their own garri(feed) too dey costly. Guys but talk true if God tell you sey he want to take you and bring you back to the world which country you go like dey. deep from your heart talk true o.

Re: Reps Pass 2013 Budget by musiwa10: 1:00am On Dec 21, 2012
this is the worst day in Nigeria. nigeria have no house of rep in nigeria history..

how can anyone pass such a budget... That is the worst budget in Nigeria.. Look 88 billion to militia while state are not going to get 50 billion.. that why you quickly promote the army.. does that not look like bribe to army , will the children of the army and family member not go to school that you cut their funds to give NDDC. will members of the army not use the hospital that you cut their money and give NDDC.. let us talk the truth to ourself..



i am from an oil producing state, my state produce more oil than Goodluck own state of bayelsa state.. I believe in doing the right thing.


It is sad.. that nigeria have gone to the waters.. And even the church and and other religious leader because of egunje have fail to speak out against what is wrong. it is so sad.. look 13% of revenue of nigeria is base on this budget is 1274 billion naira that this oil state will get.. 240 billion for the NDDC.. people NDDC,militia, niger delta,Psure.. that is 600 billion while most state will get less than 50 billion.. this is not fair..

If someone get 1274 billion naira and now nearly 400 billion and other state are going to get will get less than 50 billion. if I employ Goodluck , i will fire him the day he bring this budget to me.. this is unfair to majority of nigerian.. this oil is not own by Goodluck ijaw people.. they have been making false claim .. this is what the satellite pictures shows.. look if the ijaw people where cut off of nigeria.. they will go and borrow to have a budget.. they will be still be poor..

I do not believe Ngozi iweala mother was kidnap.. it was a plot by Goodluck and iweala to pass this budget. it is such a shame that nigeria have gone to the waters.

Even the word of God say exam yourself and see either you are still in the faith.. And religious leaders need to honestly exam their heart and see if they are still in faith.. i doubt..
the word of God says people who do this things will be in hell..


 
Re: Reps Pass 2013 Budget by dguruja(m): 3:40am On Dec 21, 2012
tunapawizzy: i hate to read anything about these useless people
they are more than useless, only what they think is money and dont know even how to spend it, may be president of urugauy will teach them how to behave when it come to money spending.
Re: Reps Pass 2013 Budget by stantob(m): 5:36am On Dec 21, 2012
When will the bill to stop Boko haram and kidnapping and other vices be passed.Leaders indeed!!!!!!!!!!!
Re: Reps Pass 2013 Budget by udokpuenyi(m): 8:42am On Dec 21, 2012
I hope they made provision for ransome for kidnappers in that budget
because Ireland unfree is Britain unpeaceful. The successive government
of this country have subjected the citizens to torturous conditions worse than Nazi
prisoners, the monsters the created over the years have now grown and come
back haunting them day and night.

Time is running out for Nigeria, it running out fast.
Expect no positive impact from this budget apart from the looting spree and while their looting
go on, money should be set aside for the aforementioned, because a child who says that his mother
will not sleep should be ready to stay awake too.
Re: Reps Pass 2013 Budget by musiwa10: 10:33am On Dec 21, 2012
ask yourself this question what is the implication of given 4 state nearly 400 billion.. because you cant say you are given edo, imo, abia or ondo state oil money.. less than 1 billion a month.. that close to zero.. it leave nearly 90% of that money in the hand of 4 state.. which Goodluck Jonathan is telling lies about their oil production.. where Goodluck claim 300,000 bdp
You can see this link, that Goodluck was telling lies.. about bayelsa and river state soku field. it produce just 10,000 bpd..

http://www.gasandoil.com/news/discoveries/2c1c93344546e35af5256c09abc4ca64

So given 400 billion and 1274 billion to nearly 4 state.. which does not include state allocation .. that is N1674 billion to nearly 4 state.. You cant shows us what they use the previous money to do.. they stole this money.. what do you think will happen to this money again.?

Of this 4.9 trillion.. just about 1 trillion are going to capital expenditure.

So out of the capital expenditure of 1 trillion.. You are given 4 state... 400 billion... leaving other state and including this 4 state with 600 billion.. If we assume that since Goodluck is from that area.. that this 4 will still enjoy 100 billion of that money of 600b..

It mean 500 billlion of this money will go to nearly 4 state state.. while the rest 32 state of Nigeria will get 500 billion.. as capital project from this 4.9. does that make sense to you.

What do you think will happen to the banking sector , when you give 4 state 50% of the capital expenditure.. It means.. the banks are going to have problem next year..

it means production will be down next year.. nearly all sector of the nigeria economy will go down..

What will happen to telecommunication companies. they will have problem.. what will happen to oil companies.. they too will have problem next year.. is that what any president should be doing.. Did this people go to school.



What it means for you you uneducated people.. it means Goodluck will crash the economy next years.. there will be crisis in Nigeria next year.

When you have a national assembly that more than half of them did not have 5 credit in GCE according to someone.. at first sitting,what does that tell you..


What it mean is that Nigerian went through fuel subsidy to hand over the money to Goodluck people.. Is this fair.. ? that not fair to the nation of nigeria.



make una no laugh. i am just having funny.. bye.



http://www.youtube.com/watch?v=S5ytW23Vodo

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