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Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 - Politics - Nairaland

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Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 12:50pm On Oct 21, 2017
Historical research from the past had shown that in his first stint as military head of state Buhari scored a total zero in capital projects where he did not initiate any nor complete a single one , shockingly President Buhari has carried this attitude into 2017 as revelations show that his govt has spent Zero naira on capital expenditure this entire year Yes Zero .SMH

2 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by biacan(f): 12:52pm On Oct 21, 2017
Buhari

3 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by vengertime: 12:55pm On Oct 21, 2017
Buhari is a disaster, what a worthless man

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 12:56pm On Oct 21, 2017
The question I must ask is why is Buhari allergic to capital projects? Why?

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by DozieInc(m): 1:02pm On Oct 21, 2017
What happened to all the billions we have been hearing??
Waiting for Lie Mohammed.

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Homeboiy: 1:05pm On Oct 21, 2017
He's busy juncating

Such a vgabond angry

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by aolawale025: 1:06pm On Oct 21, 2017
Some people getting rich! The billions would have left nigeria by now

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 1:10pm On Oct 21, 2017
aolawale025:
Some people getting rich! The billions would have left nigeria by now

I am telling you by now all has gone

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by cosby02(m): 1:19pm On Oct 21, 2017
BAD or good news?

1 Share

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by RZArecta(m): 1:24pm On Oct 21, 2017
I thought these criminals were celebrating a certain 1 point something trillion naira released for capital projects this year ? Why is Buhari and his gang so useless like this na ? cool

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 1:26pm On Oct 21, 2017
cosby02:
BAD or good news?

Very bad news for a country and economy in dire need capital project and the attendants capital injection ...this is proof that the recession is intentional

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Paperwhite(m): 1:29pm On Oct 21, 2017
Useless godforsaken government just magnifying corruption,pilling up debts and mortgaging Nigeria's future.I believe all who have a hand in forcing this government on Nigeria will also feel the pain. undecided

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Nigeriadondie: 1:30pm On Oct 21, 2017
kiss It is not zero as u claim but however the amount allocated for capital expenditure is damm to little a promise he made that he wud reduce recurrent and other overhead costs. This is d reason why we can never progress.

When a govt spends so much on capital expenditure, u create jobs, u spread wealth down d chain as a lot of people are employed directly or indirectly, u help to build, expand and maintain the much needed critical infrastructure which makes it easy for businesses to grow and thrive. Also, d govt gets back d money inform of taxes or levies.

But sadly, no one is seeing things in that perspective. Even d so-called money allocated for project wud be embezzled and they wud then do very bad or shoddy projects.

Many nations often have short or mid term development plans, but it is obvious there is none there not to talk of long-term plans. So when a country fails to plan for d future, then it show it has nothing to bequeath to its generations yet unborn. So, with this alone, all should be convinced Nigeria has no future.

Nigeria is indeed a shithole, a waste of place on d map and realistically no hope for Nigeria.
PMB is indeed a failure just like GEJ. If PMB has failed to tow a different path then he has deceived us cos I recalled vividly he talked about reducing d overhead costs. PMB has no integrity.

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 1:49pm On Oct 21, 2017
Nigeriadondie:
kiss It is not zero as u claim but however the amount allocated for capital expenditure is damm to little a promise he made that he wud reduce recurrent and other overhead costs. This is d reason why we can never progress.

When a govt spends so much on capital expenditure, u create jobs, u spread wealth down d chain as a lot of people are employed directly or indirectly, u help to build, expand and maintain the much needed critical infrastructure which makes it easy for businesses to grow and thrive. Also, d govt gets back d money inform of taxes or levies.

But sadly, no one is seeing things in that perspective. Even d so-called money allocated for project wud be embezzled and they wud then do very bad or shoddy projects.

Many nations often have short or mid term development plans, but it is obvious there is none there not to talk of long-term plans. So when a country fails to plan for d future, then it show it has nothing to bequeath to its generations yet unborn. So, with this alone, all should be convinced Nigeria has no future.

Nigeria is indeed a shithole, a waste of place on d map and realistically no hope for Nigeria.
PMB is indeed a failure just like GEJ. If PMB has failed to tow a different path then he has deceived us cos I recalled vividly he talked about reducing d overhead costs. PMB has no integrity.

Bro look at the field that captures actual expenditure and you will see It's zero , it means the little allotted for capital expenditure didn't even get used and reflects as negative in capital expenditure books double entry

2 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Blue3k(m): 1:55pm On Oct 21, 2017
Terrible state were in. All the money he plans on borrowing better be used for those rails or he's going to have a hard time getting his party re-elected.

Front page: lalasticlala

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Nigeriadondie: 2:01pm On Oct 21, 2017
SalamRushdie:


Bro look at the field that captures actual expenditure and you will see It's zero , it means the little allotted for capital expenditure didn't even get used and reflects as negative in capital expenditure books double entry
Bro, whether zero or little it is sad, very sad. Nigeria has no future I ve consistently said this over and over again.

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by Houseofglam7(f): 2:16pm On Oct 21, 2017
Pathetic.

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by vedaxcool(m): 2:38pm On Oct 21, 2017
2017 budget was approved when?
Our silly white friend can be forgiven for his wrong assumptions but the moro.ns in this thread licking his shitthole Like cownu would emerge from there is very disappointing.

The 2017 budget was signed into law on June 12 after passage in late may. So how would you want 2017 budget capital expenditure to run when it hasn't even become law?
The period under review according to the op is January to June 2017.

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by vedaxcool(m): 2:41pm On Oct 21, 2017
This thread only confirms the innate laziness the average. critque of PMB is. No attempt to get to the bottom of things once their white man lord says jump they ask how high not why!

https://www.vanguardngr.com/2017/06/breaking-osinbajo-signs-2017-budget-law/

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by juman(m): 2:44pm On Oct 21, 2017
Useless apc government has nothing tangible to offer.

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by onatisi(m): 2:57pm On Oct 21, 2017
SalamRushdie:
The question I must ask is why is Buhari allergic to capital projects? Why?
you are asking why a dullard is alergic to capital project ?
because he is a dullard , he knows nothing about it or its importance as long as he can travel to london and stay there for 4 months , capital project can go to blazes

3 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 2:59pm On Oct 21, 2017
vedaxcool:
2017 budget was approved when?
Our silly white friend can be forgiven for his wrong assumptions but the moro.ns in this thread licking his shitthole Like cownu would emerge from there is very disappointing.

The 2017 budget was signed into law on June 12 after passage in late may. So how would you want 2017 budget capital expenditure to run when it hasn't even become law?
The period under review according to the op is January to June 2017.

Have you heard of the word appropriation before ? Since 2017 budget grant been passed why didn't he also leave other reccurent fields blank , he could appropriate money for other things But when it came to the thing which he hates most called "capital project" he suddenly remembered budget had not been passed ..hahaha ..just accept it Buhari hates capital development , on 1984 it was Zero now again Zero

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 3:00pm On Oct 21, 2017
onatisi:

you are asking why a dullard is alergic to capital project ?
because he is a dullard , he knows nothing about it or its importance as long as he can travel to london and stay there for 4 months , capital project can go to blazes

Hey prophet where have you been ..All your words have come to pass

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by nwabobo: 3:02pm On Oct 21, 2017
Nigeriadondie:
kiss It is not zero as u claim but however the amount allocated for capital expenditure is damm to little a promise he made that he wud reduce recurrent and other overhead costs. This is d reason why we can never progress.

When a govt spends so much on capital expenditure, u create jobs, u spread wealth down d chain as a lot of people are employed directly or indirectly, u help to build, expand and maintain the much needed critical infrastructure which makes it easy for businesses to grow and thrive. Also, d govt gets back d money inform of taxes or levies.

But sadly, no one is seeing things in that perspective. Even d so-called money allocated for project wud be embezzled and they wud then do very bad or shoddy projects.

Many nations often have short or mid term development plans, but it is obvious there is none there not to talk of long-term plans. So when a country fails to plan for d future, then it show it has nothing to bequeath to its generations yet unborn. So, with this alone, all should be convinced Nigeria has no future.

Nigeria is indeed a shithole, a waste of place on d map and realistically no hope for Nigeria.
PMB is indeed a failure just like GEJ. If PMB has failed to tow a different path then he has deceived us cos I recalled vividly he talked about reducing d overhead costs. PMB has no integrity.

You are looking at the budgeted column Bro. Look at the 'ACTUAL' column ie the column stipulating actual spend.

2 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by onatisi(m): 3:04pm On Oct 21, 2017
SalamRushdie:


Hey prophet where have you been ..All your words have come to pass

baba mi, i have been around , i just decided to stay at the sidelines and watch Nigerians enjoy the dividends of their stupidity in voting for a complete sick dullard . next year will be very very very tough for Nigeria ,

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Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by ZombiePUNISHER: 3:05pm On Oct 21, 2017
Buhari is a disaster
An economic terrorist

2 Likes

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by SalamRushdie: 3:15pm On Oct 21, 2017
onatisi:


baba mi, i have been around , i just decided to stay at the sidelines and watch Nigerians enjoy the dividends of their stupidity in voting for a complete sick dullard . next year will be very very very tough for Nigeria ,

Chei na wa oooo..anything you get than it is now is hell oo
Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by ivandragon: 3:26pm On Oct 21, 2017
as much as I would want to bash PMB & the illogical folks that blindly sing his praise, it would be nice to juxtapose the subject matter with the revenue actually generated so far...

they keep using the issue of savings to deceive themselves...


your house is fast deteriorating, dogs & hyenas are taking over the compound, no body is renting rooms/houses in your compound because you lack basic amenities & you keep harassing the few tenants who have been there before you purchased the place...


but you keep bragging to your friends how you have billions kept in an account that generates little or nothing for you...

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by modik(m): 3:39pm On Oct 21, 2017
DozieInc:
What happened to all the billions we have been hearing??
Waiting for Lie Mohammed.

The state of Aso Rock clinic speaks volume in confirming this report.

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by vedaxcool(m): 3:58pm On Oct 21, 2017
[s]
SalamRushdie:


Have you heard of the word appropriation before ? Since 2017 budget grant been passed why didn't he also leave other reccurent fields blank , he could appropriate money for other things But when it came to the thing which he hates most called "capital project" he suddenly remembered budget had not been passed ..hahaha ..just accept it Buhari hates capital development , on 1984 it was Zero now again Zero
[/s]


Your ignorance only impresses the fools and delinquents. How does a government spend on capital projects the senate has not approved? I know for certain you do not even understand the budget process. Government can spend out of its recurrent expenditure such as personel cost etc. but not capital projects. It is a pity hatree is the only intellect you posses.

1 Like

Re: Shocking : Buhari govt spends ZERO naira in capital expenditure in 2017 by ivandragon: 6:40pm On Oct 21, 2017
vedaxcool:
[s][/s]


Your ignorance only impresses the fools and delinquents. How does a government spend on capital projects the senate has not approved? I know for certain you do not even understand the budget process. Government can spend out of its recurrent expenditure such as personel cost etc. but not capital projects. It is a pity hatree is the only intellect you posses.


https://www.premiumtimesng.com/news/headlines/244270-2017-budget-adeosun-provides-details-n336-billion-disbursed-ministries-capital-projects.html


you should rather concern yourself on how the amount stated in the above link has been expended... where has the money actually gone to?


that PMB is criticised does not mean the critics do not mean well for Nigeria.

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