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Nairaland Forum / Nairaland / General / Politics / #6.07trillion 2016 Budget,how Far Has It Been Implemented? (588 Views)
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#6.07trillion 2016 Budget,how Far Has It Been Implemented? by Tonybills(m): 10:09am On Nov 23, 2016 |
Have you ever wonder what happen to the money collected by the federal govt as 2016 budget been used for? Remember this #6.07 trillion happens to be the highest national budget in the history of Nigeria so far by this present administration. Now checked the summary of how these budget were meant to be spent and ask yourself this simply question without minding which political party you belong if trully the 2016 with the huge amount budgeted for have been fully implemented yet they still want to borrow more. Check out a short summary of Nigeria’s national budget for 2016: GDP Growth Rate Projection: 4.37% 1.Works, Power and Housing: 433.4 billion Naira 2.Transport: 202.0 billion Naira 3. Interior: 53.1 billion Naira 4. Special Intervention Programs: 300 billion Naira 5,. Education: 369.6 billion Naira 6. Defence: 294.5 billion Naira 7. Health: 221.7 billion Naira 8. ministry of Interior: 145.3 billion Naira 9. Foreign and Domestic Debt Service: 1.36 trillion Naira 10. Sinking Fund towards the retirement of maturing loans: 113 billion Naira 11. Non-debt Recurrent Expenditure: 2.65 trillion Naira. Now can you carefully ascertain if our govt has worked according to their specifications. At each option and ask yourself this simply question 'this money that where awarded to this various ministry,how far have they used it ?' 2017 is almost on the way in less than 3months from now ,2017 budget will be submitted for implementation without exhausting 2016 budget. Looking at the budget for education program which amounted to # 369.6 billion ,can you really say the ministyr of education has implemented 50% of their budget. to talk of ministry of transport with 202.0 billion, have they been able to award and complete at least a 10km federal road construction. All we hear everyday is that 'govt will do this and that' but no serious policy to actualized these goals.everyday millions and billions of naira are being recover by EFCC to the federal account.last week the Federal road safety reported that they recovered huge amount of naira close to a billion naira from fines from car owners and road offenders. custom in their own way also release billions of naira to this same federal purse yet things are so difficult for people in the country. In my humble opinion I will say that the senate should established an independent agency that will be responsible for audiiting federal accounts at the same time probe each ministry of the federal govt of the cash they were given to run their respective ministries not used before a new budget is implemented the coming year.with this it will go a long way in curtailing the embezzlement of public funds by govt officails. |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by PRYCE01(m): 10:13am On Nov 23, 2016 |
Good writeup! |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by Tonybills(m): 10:47am On Nov 23, 2016 |
PRYCE01:Thanks my brother |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by hooged: 10:52am On Nov 23, 2016 |
Lie Mohammed should answer this man please 1 Like |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by Tonybills(m): 5:59pm On Nov 27, 2016 |
I tire for thid people |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by Tonybills(m): 5:59pm On Nov 27, 2016 |
I tire for this people |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by Abeymills(m): 7:05pm On Nov 27, 2016 |
Useles corrupt govt |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by Zendinho(m): 7:15pm On Nov 27, 2016 |
.....When i leave office, Nigerians would appreciate my freedom of speech.... GEJ must be a prophet. |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by devilson(m): 7:46pm On Nov 27, 2016 |
zone-B would avoid this thread like plague.they are scared of criticizing there god buhari,but will still bash people who support gej. bunch of hypocrites |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by omowolewa: 8:08pm On Nov 27, 2016 |
You cannot give what you don't have |
Re: #6.07trillion 2016 Budget,how Far Has It Been Implemented? by REDshouse(m): 8:27pm On Nov 27, 2016 |
there is no budget all we had was a padded budget |
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