Are u guys daft?
Everytime photos of Bubu this photo of Bubu that, no single photo on signing MOU with investors, a flag off of a project or commissioning of a project.
Is he the founder of INSTAGRAM?

G

I was confused when I saw "Thomas Sankara" in the Council Chambers yesterday. I thought that we had gone back to military rule.

I'll help with some figures of the budget proposals of the FG from 2011, just to provide some perspective:

2011
Budget Proposed - N4.97Trillion
Oil Price Used - $75
Oil Production - 2.3mbbls/day

2012
Budget Proposed - N4.75Trillion
Oil Price Used - $70
Oil Production - 2.48mbbls/day

2013
Budget Proposed - N4.98Trillion
Oil Price Used - $79
Oil Production - 2.53mbbls/day

2014
Budget Proposed - N4.91Trillion
Oil Price Used - $75
Oil Production - 2.39mbbls/day

2015
Budget Proposed - N4.49Trillion
Oil Price Used - $53
Oil Production - 2.28mbbls/day

2016
Budget Proposed - N6.0Trillion
Oil Price Used - $38
Oil Production - 2.2mbbls/day

I am interested in seeing the revenue details from the budget to know exactly how government intends to fund the budget. My first instinct, though, is that leackages in revenue generating agencies (like NCS, NPA, NNPC, etc) have been blocked and all funds channeled into the TSA. That the government has been able to come up with that size of budget - even in the face of declining oil prices & lower oil production levels - without depreciating the official exchange rate of the Naira is truly remarkable.

But how did GEJ, with benchmark oil price of over $75 throughout his term, not be able to come up with a budget of up to N5T? One can say that, had PMB met an oil price of $75, we would be talking about a N10T budget. Kindly note that during GEJ term, oil price was actually higher ($105) than the budget benchmark and yet our Foreign Reserves and ECA was declining.

CharlesPhc:
....

Lol...This got me Rotfl

This our VP too dey 4k up!!!

adedayourt:
meet d pple milking dis nation

gerrarahia mehn

Chisos! Very soon no hair go dey Fashola head again. Choi!

franciskaine:
gerrarahia mehn

brov long time who set u free frm ur kennel

CharlesPhc:
....

u fast oo

This sports minister dress must be looked into

adedayourt:
meet d pple milking dis nation

I DON'T JUST KNOW WHY, I HATE THESE PEOPLE WITH PASSION! Mere looking at them you will that they are just nothing but brotherhood of blood oat! In other word (vampires)

Ameachi no get another shirt? just asking innocently sha

My sports minister seems to be on the same attire at any event since he came into office, please PMB should get some wardrobe allowance for his ministers but if its lalong's choice, hmmmmmmmmmmmmmmmmm

And the minister no even send am sef, see as the man just throway face.

olillywales:
[img]http://4.bp..com/-ic64vCG0n7Q/VmXlJJ7KT-I/AAAAAAAHle8/YOIU-zDs0fk/s400/1.png[/img]


President Buhari presided over the Federal Executive Council meeting and approved N6 trillion expenditure for 2016 Budget under the Medium Term Expenditure Framework (MTEF). Minister of Budget and National Planning, Senator Udoma Udo Udoma, spoke with State House correspondents at the end of the meeting.‎ According to him, an oil price of $38 per barrel of crude oil and 2.2 million production barrels per day were projected in the framework.

"At today’s Council, the Council approved the Medium Term Expenditure Framework, MTEF which sets out the policies of government over the next years. It sets out the fundamental economic underpinning of the budget. The highlights are as follows: we project and we are working with $38 crude oil price, we consider that to be very conservative but because of the uncertainty, we felt that we should start with a conservative crude oil price."he said

[img]http://2.bp..com/-CLl--z281nQ/VmXlLK0xA4I/AAAAAAAHlfE/bZ6Lhn4WyoQ/s400/2.png[/img]
[img]http://1.bp..com/-IcGsN4u0h8o/VmXlMV0EifI/AAAAAAAHlfM/ugC8otCMTaI/s400/3.png[/img]

[img]http://1.bp..com/-IcGsN4u0h8o/VmXlMV0EifI/AAAAAAAHlfM/ugC8otCMTaI/s400/3.png[/img]
[img]http://1.bp..com/-JFBUHPgNu8o/VmXlOnup51I/AAAAAAAHlfU/sdtYhOlMK2g/s400/4.png[/img]
[img]http://1.bp..com/-JFBUHPgNu8o/VmXlOnup51I/AAAAAAAHlfU/sdtYhOlMK2g/s400/4.png[/img]
[img]http://4.bp..com/-skGxEgbfhxw/VmXlPgmBHvI/AAAAAAAHlfc/Lm1Oc070h2k/s400/5.png[/img]
[img]http://3.bp..com/-_UFeGdoj2HE/VmXlP1l5VkI/AAAAAAAHlfg/AFdUcOU3Qx8/s400/6.jpg[/img]

http://www.metronaija.com/2015/12/photos-from-emergency-federal-executive.html

cc: lalasticlala

Inconclusive "change",,Inconclusive Ministers and Inconclusive budget!!!

adedayourt:
meet d pple milking dis nation

I guess you just felt like typing something, registering your presence on Nairaland today.

adedayourt:
meet d pple milking dis nation

Be aware! This is neither Jonathan regime nor are those JonaTHANIANs. That is, stealing is now corruption

Ioannes:


I guess you just felt like typing something, registering your presence on Nairaland today.

we not on tweeteer dis one wey u dey folo mi fr bck like disciple

gawu1:

Be aware! This is neither Jonathan regime nor are those JonaTHANIANs. That is, stealing is now corruption

really!! !

tell mi more

Chubhie:
We don't want pictures. When they are not yeyebrities. They are servants elected to serve the people and not competing with Nollywood.

They should be sober while at it cos I don't see any condition in Nigeria that warrant smiles in the face of any politician.

Spot on and well said.

Bunch of out of touch people.

jane0000:
Great. Where are our female ministers?

YOU NEED MY GRANDDAD GOGGLE?

adedayourt:


brov long time who set u free frm ur kennel

I repeat, gerrarahia mehn!

solomon Dalong needs to behave himself

Gathering of noise makers according to PMB

wats d emergency about d meeting........d only serioz fellow in dat pics is Amechi....lol

franciskaine:
I repeat, gerrarahia mehn!

its been a looooong time

sure uv grown beards now

adedayourt:

its been a looooong time
sure uv grown beards now

you sure u know me?

franciskaine:
you sure u know me?

are u not d one occupying room B12 at yaba left