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Peter Obi May Not Be That Bad Afterall - Politics - Nairaland

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Peter Obi May Not Be That Bad Afterall by IKEMBANNEWI: 11:01pm On Dec 23, 2013
While the budget of other south east states shrank for the 2014 fiscal year, that of Anambra increased by 20%! Check this out.

IMO STATE
The Imo State governor, Owelle Rochas Okorocha has presented to the State Assembly the 2014 Budget of the state tagged “Budget of Consolidating Rescue” The budget which he described as realistic and balanced amounts to N137,026,528,434 [one hundred and thirty seven,
twenty-six billion, five hundred and twenty eighty thousand, four hundred and thirty four Naira] only as against N194,142,120,869 of 2013.
http://www.spyghana.com/governor-okorocha-presents-2014-budget-to-the-state-house-assembly/

This same man presented the figure below as 2013 budget
OWERRI—Imo State governor, Owelle Rochas Okorocha, has
presented a budget proposal of N197,743,684,031 to the
state House of Assembly for the 2013 fiscal year.
http://www.vanguardngr.com/2012/12/okorocha-presents-2013-budget-to-assembly/

Can Someone please explain the sudden decline? While other states are consolidating, others are shrinking.
Ebonyi dissapointed me the most(considering the fact that the Gov't has the highest IGR in the SE). Just take a look.


EBONYI STATE.
Gov. Martin Elechi of Ebonyi on Monday presented the 2014
budget of N99.8 billion
to the state house of assembly. The News Agency of Nigeria reports that the budget tagged
“Budget of Stabilisation” is 4.45 per cent lower than the
N104.3 billion budgeted in 2013
! This is shameful angry!

Enugu's budget wasnt too impressive either.
Now let's look @ Obi's budget;
[color=#009900] Anambra State Governor, Mr. Peter Obi, Tuesday presented a budget of N110.8 billion to the state House of Assembly for the 2013 fiscal year.
Fast forward to 2014

Governor Peter Obi today presented the Anambra budget for the fiscal year 2014 valued at N140 billion. This happens to be his last and final budget as governor. Presenting the budget, Governor Obi said the result-based budget of consolidation reflected the critical development needs of Anambra State as expressed in the key sectors of the State Economy. The budget reflects an overall increase of 20% from the FY 2012 budget
Although i dislike obi for his preference for Cheap works(aka mediocre projects) i still think he is being ''pound wise penny foolish'' unlike other Governors who do nothing than borrow money to paint roads and plant flowers! Indebting their states with no tangible project to show for it! Obi made me proud today!
Re: Peter Obi May Not Be That Bad Afterall by mike404(m): 11:22pm On Dec 23, 2013
ABAGWORO WHERE @ THOU
Re: Peter Obi May Not Be That Bad Afterall by NRIPRIEST(m): 2:55am On Dec 24, 2013
Singing Osita Osadebe's "Onu kwuli njo ga ekwu nma".

I have said it before and I will keep saying it, Obi is the best performing governor in Nigeria, for the past eight yrs. There has been recorded improvements in all sectors of the state economy. He has holistically worked all sector and is on the brink of achieving the millenium developmental goals. I encourage the flower planter to keep planting,painters keep painting and road sweepers keep sweeping while Omanbala builds the strongest economy in Nigeria.
Call Obi names and ridicule him all you want but there is nothing you can do to a person who God has blessed. People talk all the trash they they like during the election but Obi once again put shame in their faces. We know who are the true Omanbalas and their traits puts them off.

Op,your observation and extoling of Obi isn't needed. We know where you belong. Go to that Enugu thread and keep praising Chime for his flowering and painting skills. grin

Anambra is where men are born!

6 Likes

Re: Peter Obi May Not Be That Bad Afterall by dayokanu(m): 2:58am On Dec 24, 2013
What was Anambra the biggest economy in Iboland doing with those peanut budgets in the first place
Re: Peter Obi May Not Be That Bad Afterall by NRIPRIEST(m): 3:02am On Dec 24, 2013
dayokanu: What was Anambra the biggest economy in Iboland doing with those peanut budgets in the first place

He who lives in a glass house shouldn't throw stones. Remember ?

Don't forget your beloved Ibadan,so soon.... grin
Re: Peter Obi May Not Be That Bad Afterall by dayokanu(m): 3:06am On Dec 24, 2013
NRI PRIEST: He who lives in a glass house shouldn't throw stones. Remember ?

Don't forget your beloved Ibadan,so soon.... grin

My beloved Ibadan in all considerations is still one of the biggest economy in the whole of Nigeria.
Re: Peter Obi May Not Be That Bad Afterall by Cuche: 7:57am On Dec 24, 2013
@OP
Ebonyi does not have more IGR than Anambra and will never have. Gov Elechi is honest to display what the state earns while some crooks preferred to classify and pocket the better part of Anambra IGR.
Don't be fooled please
Re: Peter Obi May Not Be That Bad Afterall by FreeGlobe(f): 8:35am On Dec 24, 2013
This is the most ignorant thread ve ever seen on nairaland. lol. The drop in these figures I guess is due to drop in FG allocation to states as can also be seen in the drop in FG budget this year from last one. The op should be worried obi is entering his last phase of aggressive looting with this budget. Has he ever shown anything for previous budgets.
Re: Peter Obi May Not Be That Bad Afterall by Nobody: 9:07am On Dec 24, 2013
dayokanu: What was Anambra the biggest economy in Iboland doing with those peanut budgets in the first place

yes it could be a peanut budget for you and your clown folks but to the people the positive impacts are always there.
Your arrogant and foolish governors will budget trillions and shared it between godfathers and media purchase from Tinubu to AIT to Silverbird to Punch to Thisday yet most of your folks are abyssimally poor to compare with Obi's peanut budget citizens.

Get a life and stop being decieved by we are the "most" and "first" delusion of granduer.
Re: Peter Obi May Not Be That Bad Afterall by Nobody: 9:25am On Dec 24, 2013
I tried to look at the details of the Anambra budget just to be sure but unfortunately, there are contradictions in what was posted by various media organisations.

Here is how Punch reported the Anambra 2014 budget:
Sincere 9gerian:

** Anambra proposes N140bn for 2014 budget

Governor Peter Obi of Anambra State on Tuesday presented a budget proposal of N140bn for the 2014 fiscal year to the State House of Assembly for approval.

The amount represents an increase of 21.8 per cent over last year’s budget of N110.95bn

The budget is made up of N100.295bn recurrent expenditure and N40bn as capital expenditure.

According to the governor, an estimated N100.5bn is expected from capital receipts, an increase of 41.35 per cent over N70.955bn for 2013.
He explained that the emphasis of the government would be on poverty reduction with the economic sector having an allocation of 42.82 per cent of the total capital budget, while the social sector received 14.33 per cent; environmental sector 17.21 per cent and General Administration 25.64 per cent

http://www.punchng.com/news/anambra-proposes-n140bn-for-2014-budget/
And here is how Vanguard reported the same budget
Sincere 9gerian:

** Gov Obi presents N140bn 2014 Budget

Awka—Governor Peter Obi of Anambra, yesterday, presented N140 billion budget proposal for 2014 to the state House of Assembly.

The budget was an increase of 26.18 per cent over the N110.96 billion budget for last year.

He said that N100.29 billion was earmarked for capital expenditure, while N39.71 billion was earmarked for recurrent expenditure.

Obi said that an estimated N100.29 billion was expected from capital receipts in 2014, showing an increase of 41.35 per cent over the budgeted sum of N70.96 billion in 2013.

He said that the focus of the state government would be on poverty reduction measures with the economic sector having an allocation of 42.82 per cent of the total capital budget.

The other sectors are social 14.33 per cent, environment 17.21 per cent and general administration 25.64 per cent.

The governor said that government was mindful of the need to make the capital budget more realistic and predicable in 2014 to get optimal results.

Obi said the projected revenue earning for 2014 was N58.120 billion, including Internally Generated Reveune of N15.920 billion and state share of Federation Account, N42.200 billion.

He said that the recurrent expenditure was expected to decrease from the 2013 projection of N39.995 billion to N39.705 billion of 2012, representing a marginal decrease of N0.290 or 0.73 per cent.

According to him, a capital expenditure of N100.295 billion was being earmarked out of which the economic sector would receive N42.947 billion, social N14.373 billion, environment N17.258 billion and general administration N25.718 billion.

The economic sector would receive the highest allocation on account of the capital intensive nature of its component sub-sectors such as land, transport (roads and bridges) to which N35.100 billion had been allocated.

Also, funds have been allocated to other key sub-sectors as education N7.172 billion, health N5.088 billion, agriculture N1.155 billion, water supply N9 billion and MDG projects across selected sub-sectors N10 billion.

Obi said that the budget would touch the lives of the people of the state and create meaningful development

http://www.vanguardngr.com/2013/11/gov-obi-presents-n140bn-2014-budget/
Now Punch says recurrent expenditure is N100 billion while Vanguard put the recurrent expenditure at N39 billion. So which report is right?

Again, if the projected revenue according to the budget is N58 billion, how does the govt hope to make it up to the N140 billion total budget?
Re: Peter Obi May Not Be That Bad Afterall by Nobody: 9:53am On Dec 24, 2013
Sincere 9gerian: I tried to look at the details of the Anambra budget just to be sure but unfortunately, there are contradictions in what was posted by various media organisations.

Here is how Punch reported the Anambra 2014 budget:

And here is how Vanguard reported the same budget

Now Punch says recurrent expenditure is N100 billion while Vanguard put the recurrent expenditure at N39 billion. So which report is right?

Again, if the projected revenue according to the budget is N58 billion, how does the govt hope to make it up to the N140 billion total budget?

you call yourself "sincere9gerian" but everything about you oozes bigotry,well your a reflection of your name rather because a saint in nigeria could pass for a criminal in Bangladesh,so for you to be sincere but a Nigerian is a story for another generation not ours.

You hate people discusing Ogun state yet N11B out of N23B realized in the state was used to pay IGR consultants owned by who......?

Mr man that APC govt of grand secrecy is killing your people
Re: Peter Obi May Not Be That Bad Afterall by Nightshift(m): 11:04am On Dec 24, 2013
The yardstick for measuring a good budget should be how good its implementation is, and not how huge the budget is.

Take the FG for instance, its annual huge budgets have always been poorly implemented. I would rather be looking forward to seeing how well the implementation of this huge budget will be by the end of 2014, than clapping hands for a man that wouldn't be responsible for its dispensation. The newly elected governor will definitely show how good he his by making sure that it's not just another paper budget elsewhere in Nigeria.

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