Bawss1:


How soon is soon? Do you know how long it takes to commission a new refinery? I can cassure you that given the state of the government owned refineries fixing them will take a considerable amount of time.

tbaba1234:
Very very interesting....

Sweetguy25:


Brother, it is practical. A budget can be passed in less than three weeks. This current budget belongs to GEJs government and GEJs government should not pass a budget that Buhari cannot work with. Thats the point. It is better that Buhari passes the budget three weeks after he commences than work with a budget that does not conform with his expenditure and revenue plan. I don't know if you get what I'm talking about?

EUROBOMBER:


I thought the GEJ did absolutely nothing for the country like most were made to believe.

tbaba1234:


In the history of Nigeria's democracy, when has a budget been passed in 3 weeks.

Sweetguy25:


A budget hasn't been passed in 3 weeks because of the selfish interest of legislators. A budget can easily passed in three weeks. Its not a big deal!

tbaba1234:


Ok, Just in case, you have forgotten, we are talking about Nigeria.

cold:
The APC will be the majority in the house in the next dispensation. So passing the budget shouldn't be that much of a bottleneck after finetuning certain grey areas. Abeg October seems like eternity to begin to see any changes. Buhari this is not what we agreed na,you promised to hit the ground running. Lately i've noticed how you've been lowering expectations with anecdotes like 'i am not a miracle worker', 'i can't promise to find the girls', 'i can't promise to end boko haram in two months' etc,etc.
This is a complete turn around for someone who vowed to send down fire from heaven to cleanse the entire country and turn it into a paradise. Anyways, we'll be watching and listening with rapt attention. In any event,i still want you to do well because at the end of the day,a prosperous Nigeria will still be to the greater good of all Nigerians and by extension,Africa.

Arysexy:
11. While power reform has been commendable, and will continue, the approach will change. Transmission will be deregulated, regionalized and privatized in order to break down centralized transmission; issues of gas supply to Gencos will be addressed but the new government believes that DISCOs are the biggest bottlenecks presently; the government plan to add-on 4,000 MW of power every year and expect that output will be a minimum of 12,000 MW at the end of term of this mandate


The above can only be a tall dream. I repeat a tall dream.

Quote me after 2019. The same mistake Goodluck made.

Under estimate d rot in power industry at ur detriment.

The transmission infrastructure can't even carry 5000MW of power and this is a highly capital intensive aspect of power generation, transmission and distribution.

Buhari just exposed himself too early

Sweetguy25:


Buhari has promised to "change" Nigeria. He should start with that.

cold:
The APC will be the majority in the house in the next dispensation. So passing the budget shouldn't be that much of a bottleneck after finetuning certain grey areas. Abeg October seems like eternity to begin to see any changes. Buhari this is not what we agreed na,you promised to hit the ground running. Lately i've noticed how you've been lowering expectations with anecdotes like 'i am not a miracle worker', 'i can't promise to find the girls', 'i can't promise to end boko haram in two months' etc,etc.
This is a complete turn around for someone who vowed to send down fire from heaven to cleanse the entire country and turn it into a paradise. Anyways, we'll be watching and listening with rapt attention. In any event,i still want you to do well because at the end of the day,a prosperous Nigeria will still be to the greater good of all Nigerians and by extension,Africa.

jaybee3:
Removing subsidy is necessary but it has to be done within a reasonable time due to sensitivity and undue hardship it may bring to the common man.

They probably have to get the refineries working first then systematically remove it as promised

I like the realistic power generation target as it can be easily measured year on year

This is a no-brainer:
"7. A very LEAN government is the focus; this will involve resolving overlapping and redundant MDAs; largely in line with the Steve Oronsaye presidential committee report; this report was available to GEJ’s government but the will to implement it was absent"

tbaba1234:


Definitely not five years.

1. 1.The cardinal agenda of the government and their over-arching themes will be SECURITY, CORRUPTION and UN-EMPLOYMENT; they believe that corruption has a very strong negative link to both security and un-employment.

3. A cabinet will be announced very quickly, within one week of inauguration; anyone with a whiff of corruption or other tainting will not be on the cabinet; GMB’s body language will reflect zero tolerance for corruption.

4. Emphasized that the APC is not a conclave of cardinals but includes the good, the bad and the ugly; in Nigeria, the bad and the ugly can be the biggest electoral assets but GMB’s government will not interfere with law enforcement agencies or the judiciary even if APC members are involved

5. The VP elect, did a lot of work as commissioner of justice in LASG and will bring this to a major revamp of the judiciary to complement anti-corruption drive and the rule of law; he will also anchor the economic committee

6. The new government will continue with some of the programmes in the GEJ administration, which were successful, for example Agriculture, but there will be a stronger collaboration between FGN and the states

7. A very LEAN government is the focus; this will involve resolving overlapping and redundant MDAs; largely in line with the Steve Oronsaye presidential committee report; this report was available to GEJ’s government but the will to implement it was absent

8. Rather than strengthen key anti-corruption agencies like EFCC, ICPC and SFI, these are likely to be consolidated and a single entity will be made more effective

9. Believe that CBN is getting over-burdened by developmental finance issues, at the expense of its core objectives; this will be changed

10. Subsidy on petroleum products will certainly go and the industry will be reformed as a matter of priority in order to attract new investments

11. While power reform has been commendable, and will continue, the approach will change. Transmission will be deregulated, regionalized and privatized in order to break down centralized transmission; issues of gas supply to Gencos will be addressed but the new government believes that DISCOs are the biggest bottlenecks presently; the government plan to add-on 4,000 MW of power every year and expect that output will be a minimum of 12,000 MW at the end of term of this mandate

12. Think tank detailed work indicate that N3 trillion in savings can come out of plugged leakages; believe that the employment drive will be private sector led

13. The government will allow market forces to prevail, including foreign exchange; debunked the view that GMB will use fiat to fix the exchange rate; however the government will keenly seek to protect the more economically vulnerable segments of the society

14. There will be tightening of the tax noose but no tax rate hikes/FIRS will be strengthened and the LASG IGR template will be adopted at the national level

15. While the infrastructure gap requires huge capital outlay which the government does not have, a master-plan will be developed; a situation where the recurrent budget is almost 80% and capital budget only 20% is not acceptable…(it does not appear detailed work has been done here….for example, they believe that un-employment is partly due to lack of skilled labour and hope to more actively engage the academic community to train for these skills…..but the tertiary institutions will need to be massively upgraded before they can compete )

16. Advised that we read the APC manifesto, available on the website and also, the Steve Oronsaye report

tbaba1234:


http://economyandpoliticsng.com/news/26640/Highlights-of-the-approach-of-Muhammad-Buhari-Incoming-Government-Proshare

tbaba1234:


And he is still an Executive president not a legislator.

modelmike7:
GMB has got the Clue . . . Just surround yourself with purposeful peeps and everything will fall into pleasant places. Nigeria shall be great again.

tbaba1234:


http://economyandpoliticsng.com/news/26640/Highlights-of-the-approach-of-Muhammad-Buhari-Incoming-Government-Proshare