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(REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. - Politics - Nairaland

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(REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by tommykiwi(m): 1:13pm On Feb 09, 2016
On Tuesday December 22, 2015, President Muhammadu Buahri walked into a joint session of the National Assembly and presented the first annual budget proposal of his administration, ambitiously tagged: "The Budget of Change".

After highlighting the economic challenges that confronted the country due to the fall in oil prices, the president vowed the budget would cut waste from government spending and its funds would only be used for public good.

"We are determined to ensure that our resources are managed prudently and utilized solely for the public good," Mr. Buhari said. "To set the proper tone, one of our early decisions was the adoption of a zero based budgeting approach, which ensures that resources are aligned with government's priorities and allocated efficiently."

The breakdown of the line items of the 2016 Appropriation Bill, however, shows that what the president said cannot be farther from the truth.

PREMIUM TIMES extensive review of the proposed budget, which has passed second reading at the Senate and the House of Representatives, reveals it is a collection of fraudulent and frivolous allocations, many of which are clearly meant to support the opulent lifestyle of public officials.

Many of the allocations were either repeated several times, over-priced or are obvious misplacement of priorities. Vice President Osinbajo and multi-million naira books

A particularly disturbing instance of misplaced priority is the allocation for books for Vice President Osinbajo's office.

Mr. Osinbajo's office has more money allocated to it for books than what each of the federal polytechnics in the country are getting for the same purpose.

While N4,906,822 was proposed to be spent on books by Mr Osinbajo, the total allocation for books for 11 out of 22 federal polytechnics, which actually have book allocations, was a mere N3,832,038.

In fact, of all government-owned educational institutions across all levels, only two got more allocations for books than what was proposed for the Vice President. The institutions are Federal University of Technology, Owerri, N6,886,157; and the National Open University of Nigeria, N6,466,895.

The need for this huge book allocation for the vice president's office is even more baffling considering the fact that last year, N7,525,135 was also budgeted for the same purpose.

Although a top source in the Presidency accused senior civil servants, whom he described as "budget mafia", of sneaking frivolous items into the budget, it is however curious that some of the most outrageous proposals in the budget were found under line items for the State House. The State House Clinic, its billions and a VIP wing.

source......http://allafrica.com/stories/201602091379.html

Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by INTROVERT(f): 1:15pm On Feb 09, 2016
Ok
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by Irises(m): 1:17pm On Feb 09, 2016
President Buhari... BUHARI = DULLARD
zombies feel free to quote
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by chriskosherbal(m): 1:18pm On Feb 09, 2016
Budget 2016 hmmmmm
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by Nobody: 1:20pm On Feb 09, 2016
[size=18pt]
Mr. Osinbajo's office has more money allocated to it for books than what each of the federal polytechnics in the country are getting for the same purpose.
[/size]
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by ozoigbondu: 1:21pm On Feb 09, 2016
While N4,906,822 was proposed to be spent on books by Mr Osinbajo, the total allocation for books for 11 out of 22 federal polytechnics, which actually have book allocations, was a mere N3,832,038.
Ladies and gentlemen welcome to APC version of fake change
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by obasiken: 1:24pm On Feb 09, 2016
The APC govt probably did not envisage the scrutiny of the educated citizens. They thought thinks will be like their campaing where an candidate refused to go for a debate. Something that is unthinkable in developed countries.

Senate should just go ahead and pass the budget cos even if you reduce the figures in the budget they will still find other ways to steal the money.
Re: (REVIEWED) Special Report - Inside The Massive Fraud In Buhari's 2016 Budget. by ozoigbondu: 1:42pm On Feb 09, 2016
Despite allocating N3.21 billion for health equipment and supplies for the State House Medical Centre, a separate line item under “State House HQTRS” lists a N203,273,602 budget for drugs and medical supplies and the vice president was also allotted an additional N7.54 million for medical expenses.
In comparison to the State House Medical Centre’s N3.8billion allocation, only N2,666,853,303 was proposed in the budget for the construction of hospitals nationwide
3.8 billion for one state Medical Center but 2.6 billion for all hospitals nation wide


APC......................SHAME

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