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Nairaland Forum / Nairaland / General / Politics / Budget 2016: President Buhari Cuts N7 Billion (671 Views)
Capital Release For Budget 2016 Begins Today / Presidency Votes N3.6bn For BMW Cars In Budget 2016 / Buhari Cuts Cars In Motorcade (2) (3) (4)
Budget 2016: President Buhari Cuts N7 Billion by boman2014: 4:40pm On Jan 18, 2016 |
President Muhammadu Buhari has made massive reductions in the revised 2016 national budget. [img]http://i.onthe.io/vllkyt3unma5adv9tg.03606e6c.jpg[/img] President Buhari addressing the Nigerian parliament. The presidency has made a massive cut in the 2016 Budget The presidency has drastically cut its N8.09 billion provision in the 2016 budget for the purchase of various brands of vehicles for State House operations during the year. Premium Times reports that a review of the fresh copy of the budget uploaded to the website of the Budget Office of the Federation on Friday, January 15, showed a massive cut by about 83.5% in the total allocation for the vehicles. According to the revised budget, the government will now spend only N1.34 billion to buy only five BMW saloon cars and jeeps as well as buses for use by the Presidency during the year. [img]http://i.onthe.io/vllkyt4tf6o3b9752.34517d9b.jpg[/img] Budget change There were other adjustments asides reduction in the provision for vehicles. Certain allocations to various departments and units in the presidency contained in the original budget were revised. It would be recalled that a total of N7.52 billion was provided previously for the purchase of various exotic vehicles, including BMW saloon cars, in addition to another N566 million for the procurement of vehicles, including 16-seater Toyota Hiace coaster buses for the State House. The Senate President, Bukola Saraki, had on Thursday, January 14, accused the presidency of substituting the original copy of the budget presented by President Buhari to the National Assembly (NASS) on December 22, 2015 with a new version. Saraki’s claim comes following days of suspense which trailed claims and counterclaims that the document was missing. Meanwhile, the controversy surrounding Nigeria’s budget was reportedly stirred by intents to defraud the nation. Investigations reveal that between the 1,810-page budget availed by Buhari and that presented by Ita Enang, the special adviser to the president on Senate matters, there were huge discrepancies. Most of the differences between the two budgets concerned the state house and the presidency in general. The Cable reports that another N3.9 billion was included for routine care of the presidential villa, while the money specified for the procurement of BMW salon cars was reduced from N3.6 billion to N340 million https://www.naij.com/700021-budget-2016-president-buhari-makes-massive-reduction.html Mynd44 |
Re: Budget 2016: President Buhari Cuts N7 Billion by TruthHurts1(m): 4:45pm On Jan 18, 2016 |
Even if PMB cut am to 0 naira, Wailers gats to wail. Na the only thing dey sabi do. |
Re: Budget 2016: President Buhari Cuts N7 Billion by therealelazizi: 4:46pm On Jan 18, 2016 |
Sounds cool....I hope its true and sincere. Nigerians should never keep mute, we are the driving force of the economy. Our voice will be heard someday. I love my country. |
Re: Budget 2016: President Buhari Cuts N7 Billion by Kyase(m): 4:49pm On Jan 18, 2016 |
Ok |
Re: Budget 2016: President Buhari Cuts N7 Billion by ticker(m): 5:05pm On Jan 18, 2016 |
Everyday I keep seeing news about a confused president (pmb) |
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Tackling Corruption Will Save Funds For Vulnerable Nigerians – Lai Mohammed / Help Please My Friend Want To Block Me.photo / 2016 Budget Is N6.33 Trillion Not N6.07 Trillion! - Leo Ogor
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