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Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. - Politics - Nairaland

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Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 6:38pm On Dec 21, 2011
Capital spending is 54.7% against 45.3% recurrent expenditure. Very interesting that this time last year the figures were  76.4% recurrent spending and 23.6% capital spending under Alao Akala and the PDP . Yet they will say the ACN is the same as the PDP. Nigerians sha. What is important and informational about the ideologies of Parties we do not see. It is how Mr. President swam to School we obsess about and base decisions on.  Notable that PDP leaders , conveniently, are never never able to deliver "leaner Governments" or bring down recurrent expenditure in favour of capital spending .

http://234next.com/csp/cms/sites/Next/Home/5749793-146/ajimobi_presents_n160.6b_2012_budget_to.csp

Ajimobi presents N160.6b 2012 budget to Oyo Assembly

December 21, 2011 02:53PM
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Governor Abiola Ajimobi of Oyo State on Tuesday presented a N160.6 billion budget proposal to the state House of Assembly for the 2012 fiscal year.

Tagged ``Budget of Restoration'', the appropriation bill, representing an increase of 8.4 per cent over the 2011 budget, has N72.7 billion which represents 45.3 per cent as recurrent expenditure and N87.9 billion representing 54.7 per cent as capital expenditure.

The governor, at the ceremony witnessed by party leaders, traditional rulers, top government officials and other stakeholders, said the budget was a significant improvement over 76.4 per cent and 23.6 per cent of recurrent and capital expenditure respectively for 2011.

According to him, the 2012 revenue estimate of N110 billion is a decrease of 32.4 per cent compared with the N163 billion approved in the 2011 estimates, stressing that this was meant to truncate the culture of bloated, unrealistic and unrealizable revenue projections that had been the hallmark of the state's fiscal operations as noted earlier.

``Our analyses of budget performance in recent years have shown that the performance is low, this poor performance is acerbated by low spending on capital expenditure.

``No state that focuses on consumptive item can grow, which explains our undesirable state of affairs, which this administration inherited. If we want to break the vicious cycle of under-development, we have to take the bull by the horns to focus on capital expenditure that will be able to secure development that we are all craving for,'' he said.


Gov. Ajimobi further disclosed that his administration's strategy would be to increase the internally-generated revenue penetration by extending the tax net to those who were hitherto outside the net.

While stating that his government would soon request for legislative muscle from the Assembly on taxation and other sundry regulatory issues which were due for review, he also stressed the need to raise bond from the capital market, public-private sector participation (PPP) and other financing options to cover the financing of the N50.16 billion deficit.

The governor particularly said that the proposed bond issue would be used to finance specific flagship projects as well as some critical sectors, all of which would facilitate significant growth of the state's economy, adding that a large proportion of the beneficiary projects would be self-financing.

He highlighted the priority sectors to include economy (49 per cent); social services (20.9 per cent); general administration (16.66 per cent) and regional development (13.1 per cent), pointing out that the heavy percentage of 70.39 of the total budget allocated to the economic and social services sectors underscored his administration's determination to pursue a people-centered, employment-driven economic agenda.

In her remarks, the Speaker of the Assembly, Mrs. Monsurat Sunmonu, lauded the restoration agenda of the Ajimobi administration, pledging that the lawmakers would provide all necessary legal framework to ensure the successful execution of the programmes.

Although Sen. Ajimobi said that the outgoing year posed several challenges to his administration, he, however, added that it had provided a rallying point for purposeful partnership among the executive, legislature and the people of the state.

``We will support Your Excellency to fast-track the reposition of this state for maximum positive impact on our people,'' she assured, urging the executive arm to address the power problem by going into public-private partnership arrangement in power generation.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by dayokanu(m): 6:43pm On Dec 21, 2011
Kudos to ACN

1 Like

Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by asha80(m): 6:53pm On Dec 21, 2011
issue is implementation and not really announcement of budget.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 7:06pm On Dec 21, 2011
asha 80:

issue is implementation [/b]and not really announcement of budget.

Yes of course but it is still highly laudable that , in one year, recurrent spending has gone down from 76.4% under the PDP to 45.3% under the ACN. Fantastic also that capital spending has gone from a criminal 23.6% under the PDP to 54.7% under the ACN. These are the sort of very crucial statistics that enable politically sophisticated voters to make choices.


Unlike other websites, we spend too much time talking about irrelevant issues here instead of focusing on what matter , together as Nigerians, to understand who (even if not saints) clearly hold the best deals for us currently. The PDP is entirely conservative, gradualist and dependent on bloated democracies abetted by hideous profligacy from the centre. This is why , by all means, the Party tries to ensure its candidate gains the Presidency.

The ACN is progressive and touts, [b]non-stop
, the mantra of fiscal efficacy and the notion that States must increase IGR and develop sectors they have comparative advantanges in. This sort of budget, that cuts down on waste massively and rightfully places emphasis on capital spending, is proof of how one Party is night(PDP) and the other is day (ACN).
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by asha80(m): 7:07pm On Dec 21, 2011
Gbawe:

Yes of course but it is still highly laudable that , in one year, recurrent spending has gone down from 76.4% under the PDP to 45.3% under the ACN. Fantastic also that capital spending has gone from a criminal 23.6% under the PDP to 54.7% under the ACN. These are the sort of very crucial statistics that enable politically sophisticated voters to make choices. Unlike other websites, we spend too much time talking about irrelevant issues here instead of focusing on what matter , together as Nigerians, to understand who (even if not saints) clearly hold the best deals for us currently. The PDP is entirely conservtive, gradualist and a fan of bloated democracies abetted by hideous profligacy from the centre. The ACN is progressive and touts, non-stop, the mantra of fiscal efficacy and the notion that States must increase IGR and develop sectors they have comparative advantanges. This sort of budget, that cuts down on waste massively and rightfully places emphasis on capital spending, is proof of how one Party is night(PDP) and the other is day (ACN).

do you trust ajimobi?
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 7:19pm On Dec 21, 2011
asha 80:

do you trust ajimobi?

My brother, he is new and I would certainly hope he performs given his record and distinguished pedigree in the private sector. He was highly talented, innovative and inspirational as a managerial solutions-provider so I believe the guy is target driven and motivated by success. The substantive point is that we should be moving towards discussing the factual elements of what our Politicians are doing.  That will enable us become objective citizens who can make better choices.

We need to start looking critically at the fiscal policies of individual Parties so that we can understand the innate macroeconomic leanings that may translate into success or failure.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by VoodooDoll(m): 10:56pm On Dec 21, 2011
Gbawe:


We need to start looking critically at the fiscal policies of individual Parties so that we can understand the innate macroeconomic leanings that may translate into success or failure.

Correct!
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 11:09pm On Dec 21, 2011
VoodooDoll:

Correct!

My brother, if we want to grow as a nation, these are the sort of things, especially those who claim to be educated, must focus on . It is no good showing passion about a civil war that happened decades ago and then displaying total apathy for what is happening today that should inform us all of how our leaders think and the ideology of individual Parties as far as their concern toward ensuring wealth is disseminated properly till it gets to the ordinary Nigerian.

Nairalanders will ignore a thread like this. I expect nothing else. Yet they will have time for all sorts of nonsense (tribalism, bigotry, gossip, slander, e-fights etc) in testimony to how we make all make it very easy for those who are grotesquely greedy in our society to keep getting the better of us via our totally wrong focus. What I would expect minimally is for forumers to at least wonder , if Party does not truly matter, why the ACN leans towards reducing recurrent expenditure as much as possible, in favour of capital spending, while the PDP only ever seems comfortable offering excuses to keep wanton profligacy and waste in place.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by ektbear: 12:35am On Dec 22, 2011

While stating that his government would soon request for legislative muscle from the Assembly on taxation and other sundry regulatory issues which were due for review, he also stressed the need to raise bond from the capital market, public-private sector participation (PPP) and other financing options to cover the financing of the N50.16 billion deficit.

That is a pretty big hole to make up. . . .

N5 up to N20 billion is reasonable. N50 billion is nearly 1/3rd of the proposed budget.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by hercules07: 6:58am On Dec 22, 2011
Oyo state is also my state and I hope to God this guy performs, Capital expenditure being more than recurrent should be standard in a country where the infrastructure is dead, the higher your capital expenditure the better the redistribution of wealth down the food chain.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by kulutempa: 11:06am On Dec 22, 2011
Gbawe:

My brother, if we want to grow as a nation, these are the sort of things, especially those who claim to be educated, must focus on . It is no good showing passion about a civil war that happened decades ago and then displaying total apathy for what is happening today that should inform us all of how our leaders think and the ideology of individual Parties as far as their concern toward ensuring wealth is disseminated properly till it gets to the ordinary Nigerian.

Nairalanders will ignore a thread like this. I expect nothing else. Yet they will have time for all sorts of nonsense (tribalism, bigotry, gossip, slander, e-fights etc) in testimony to how we make all make it very easy for those who are grotesquely greedy in our society to keep getting the better of us via our totally wrong focus. What I would expect minimally is for forumers to at least wonder , if Party does not truly matter, why the ACN leans towards reducing recurrent expenditure as much as possible, in favour of capital spending, while the PDP only ever seems comfortable offering excuses to keep wanton profligacy and waste in place.   

My brother I tire o. I have come to the conclusion that only inspired leadership can take Nigeria out of its present funk. We seem to have acquired the worst of humanity in our outlook and attitude to life, and prefer the same old way of doing things that has got us nowhere. What is it about our people that makes them reject what would actually be in their best interests on the long run, in favour of short term benefits that would eventually leave them worse off?

Only yesterday, a group of opposition politicians objected to the cancellation of importation of rice and flour into the country on grounds that they are the main staple food for the masses. link http://234next.com/csp/cms/sites/Next/Home/5749791-146/conference_of_political_parties_kick_against.csp
Presumably, it did not occur to these "defenders of the masses" that domestic production of these staples could save the country precious foreign exchange and create more jobs in the country. Why is it that such simple and logical concepts are like rocket science to our leaders?
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 2:20pm On Dec 22, 2011
ekt_bear:

That is a pretty big hole to make up. . . .

N5 up to N20 billion is reasonable. N50 billion is nearly 1/3rd of the proposed budget.

Man mi , you are one funny chap. No disrespect meant but it often appears as if you criticise for the sake of it and without consistency. Below you are touting recurrent vs capital spending as the "koko" of the matter separating states destined for greatness from those destined for poverty. Quite funny then that you do not speak of how Ajimobi has done very well in that respect in haste to only find negatives in what is ordinarily a highly laudable budget.

https://www.nairaland.com/nigeria/topic-793016.64.html

[size=14pt]Err. Recurrent versus capital is the whole "koko" of the matter. What will separate states destined for greatness (or at least improvement) and ones destined for poverty.[/size]

That is why I don't care about all this, "did he pay workers salaries", "did he slap so and so" stuff. Doesn't make a difference in the grand scheme of things.

You are right, increasing your revenue is also important. But spending it wisely in the first place is even more critical. . .


In any case, did you miss this from the article that shows how the extra income will be raised :


Gov. Ajimobi further disclosed that his administration's strategy would be to increase the internally-generated revenue penetration by extending the tax net to those who were hitherto outside the net.

While stating that his government would soon request for legislative muscle from the Assembly on taxation and other sundry regulatory issues which were due for review, he also stressed the need to raise bond from the capital market, public-private sector participation (PPP) and other financing options to cover the financing of the N50.16 billion deficit.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by phantom(m): 2:24pm On Dec 22, 2011
Is this not the same man that advertised in todays dailies the proposed construction of a flyover at mokola junction?lol. Make we dey look sha,
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 2:32pm On Dec 22, 2011
phantom:

Is this not the same man that advertised in todays dailies the proposed construction of a flyover at mokola junction?lol. Make we dey look sha, 

Abeg, what is your point? The proposed overhead bridge at Mokola is part of a holistic infrastructural overhaul.

http://www.facebook.com/note.php?note_id=262622833774132

Ajimobi flags off massive road rehabilitation, vows to tackle infrastructural decay
by Abiola adeyemi Ajimobi on Thursday, October 20, 2011 at 6:48am


The Oyo State Governor, Sen. Abiola Ajimobi has flagged off the second phase of massive road rehabilitation programme, with an assurance that his administration would tackle infrastructural decay in the state.

The flag-off ceremony, which took place at the Aleshinloye Market, began with the asphaltic improvement of NIHORT-Idi Ishin-Forestry-Aleshinloye Junction Road.

[size=14pt]Gov. Ajimobi assured that after the completion of the rehabilitation of all the hitherto deplorable roads, his administration would commence the construction of a set of new ones, adding that all entry roads into the state capital would also be dualized.

Specifically, he said that the road from Lagos-Ibadan Express Road overhead bridge to the Challenge area of Ibadan would be dualized, with overhead bridges to be constructed in Challenge and Mokola areas.
[/size]

Already, the governor said that the projects had been captured in the supplementary appropriation bill just forwarded to the state House of Assembly for approval.

He lamented the deplorable conditions of infrastructure in the state, saying that his administration was determined to rebuilding them and transforming the state.   

``Generally speaking, there is infrastructural decay in Oyo State. Everybody is saying we are too slow, but you don’t build a good house on a bad foundation. What we met was serious decay and we need to clean up the mess before we begin to build; we have started cleaning the mess and the next three months, you will see the difference,’’ Ajimobi assured.

It would be recalled that 16 roads had earlier been rehabilitated during the first phase of the state government’s massive road rehabilitation program.

The second phase will cover another set of 24 roads cutting across the state.

The governor explained that drainages would be expanded and made deeper, stressing ``now, we have started evacuating drainages, as most of them have not been evacuated for the past four years’’.

He frowned at the rate at which illegal structures were being erected by traders all over the state, saying that this had been impeding free flow of traffic and the aesthetics of some of the cities in the state.

Sen. Ajimobi promised that neighbourhood markets would be provided to replace the illegal structures that were recently demolished within the Ibadan metropolis.

``You can trade; we support commerce; we support trading but please, don’t trade on street; don’t trade on the culverts; don’t trade on drainage ways and don’t trade in illegal places; that is all we are saying, but we will provide alternative markets,’’ he said.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by phantom(m): 2:49pm On Dec 22, 2011
Erm, sorry o! But how many of fasholas projects were advertised before he actually did them? The point is when leaders go out of their way to buy advert space in the dailies for projects,such projects begin and end on those dailies , i hope you understand your skepticism.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 2:53pm On Dec 22, 2011
phantom:

Erm, sorry o! [b]But how many of fasholas projects were advertised before he actually did them? [/b]The point is when leaders go out of their way to buy advert space in the dailies for projects,such projects begin and end on those dailies , i hope you understand your skepticism.

There is no right way to do these things. Of course Nigerians are allowed to be skeptical given our history under 'loquacious' leaders. nonetheless, there is nothing wrong with a governor announcing his plans. We at least have concrete premises to judge his performance on.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Vickivicki(m): 3:04pm On Dec 22, 2011
We must wait till the end, to know if he'll deliver or not.

Afterall its Oyo State they don't serve somebody twice,his posterity will mar/make him whatever,
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by phantom(m): 3:07pm On Dec 22, 2011
Fair enough, i ll just go all 'bola ige' on this one, lol
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Olalekan0(m): 3:31pm On Dec 22, 2011
Thumps up Ajimobi!
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by aribisala0(m): 3:41pm On Dec 22, 2011
i really do not accept the dichotomous reasoning that somehow spending more on capital expenditure is always or even generally better than more on recurrent expenditure. This assumption is implicit in the conclusion of the poster that this swing in weighting from last year is a good thing  or desirable one.

Many states have a budget of less than 2 billion USD and it is hard to see how many meaningful capital projects they can undertake with that. We need to encourage greater private participation in infrastructure projects. Number one priority is security and this can only be assured with appropriate funding (often recurrent} on education,training, social security and such like.

What is important is to examine where recurrent expenditure goes if it goes on paying teachers and other education related activity i am all for that, Yes in a developing economy there are infrastructure requirements that must be met but the reality is government budget in its entirety cannot meet these and so we need not shackle our minds with specious arguments.

Security
education
and Training
Health
social security

generally entail recurrent expenditure and if they deliver what is expected then this is money well spent.

In Nigeria as we know it, even 100 % expenditure on capital projects is likely to be wasted
Let us free our minds from dogmatic confines and focus on whether the government discharges its responsibility to its citizens.
We start accepting as gospel myths that are repeated too often. This capital /recurrent argument is one of those myths. Impact rather than proportions is what matters.
where is the evidence that a greater proportion one way or the other is what is required in oyo state. What is clear is we do not have enough funds for either but what is the basis for this proportionality claim
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by dammytosh: 3:42pm On Dec 22, 2011
All these sycophants will not allow this average performers go beyond their average.

1.  
According to him, the 2012 revenue estimate of N110 billion is a decrease of 32.4 per cent compared with the N163 billion approved in the 2011 estimates, stressing that this was meant to truncate the culture of bloated, unrealistic and unrealizable revenue projections that had been the hallmark of the state's fiscal operations as noted earlier.


Why will u estimate a 32.4 percent decrease  shocked  shocked  in revenue with the bogus claim ?.  Na waa oooo

2. the appropriation bill, representing an increase of 8.4 per cent over the 2011 budget
You are expecting a 34% decrease in revenue but the budget is 8.4% more.  grin


Is this a joke section or what cos i dnt know where all these sycophants are from. We celebrate mediocrity and make them lost it even when they are yet to deliver on their jobs.

Olalekan 0:

Thumps up Ajimobi!
Thumps up for announcing how much and how money would be spent. grin -- Na wa ooo


dayokanu:

Kudos to ACN
Kudos indeed.

phantom:

Is this not the same man that advertised in todays dailies the proposed construction of a flyover at mokola junction?lol. Make we dey look sha,
I can only wonder what type of Government spend Tax payer's money announcing that a flyover will be at ordinary Mokola junction.

@Gbawe, guess you a potential contractor. You guys rejoice at the announcement of any budget,
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by HyeBits: 4:12pm On Dec 22, 2011
@dammytosh, I bet you don't understand what you read. All you set to do is criticise, and then criticise.

The 2012 estimate of N110B by his government is a decrease of 32.4% compared with the N163B approved for same revenue estimate of N163B approved during Akala Reign. Get it?

Again, if you know how strategic and important mokola junction is to the city, you will never say JUST mokola.

Read through again please.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by sartorius(m): 4:34pm On Dec 22, 2011
I am impressed with the budget proposal, now i look forward to the implementation
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by daphil: 5:48pm On Dec 22, 2011
@OP, small thing dey thrill you sa! Wait till after a year to brief us on its implementation. Until I see its implementation, the guy is a joker.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Wallie(m): 5:54pm On Dec 22, 2011
aribisala0:

i really do not accept the dichotomous reasoning that somehow spending more on capital expenditure is always or even generally better than more on recurrent expenditure. This assumption is implicit in the conclusion of the poster that this swing in weighting from last year is a good thing  or desirable one.

Many states have a budget of less than 2 billion USD and it is hard to see how many meaningful capital projects they can undertake with that. We need to encourage greater private participation in infrastructure projects. Number one priority is security and this can only be assured with appropriate funding (often recurrent} on education,training, social security and such like.

What is important is to examine where recurrent expenditure goes if it goes on paying teachers and other education related activity i am all for that, Yes in a developing economy there are infrastructure requirements that must be met but the reality is government budget in its entirety cannot meet these and so we need not shackle our minds with specious arguments.

Security
education
and Training
Health
social security

generally entail recurrent expenditure and if they deliver what is expected then this is money well spent.

In Nigeria as we know it, even 100 % expenditure on capital projects is likely to be wasted
Let us free our minds from dogmatic confines and focus on whether the government discharges its responsibility to its citizens.
We start accepting as gospel myths that are repeated too often. This capital /recurrent argument is one of those myths. Impact rather than proportions is what matters.
where is the evidence that a greater proportion one way or the other is what is required in oyo state. What is clear is we do not have enough funds for either but what is the basis for this proportionality claim



Your arguments do have some merits and I believe what's needed is a balanced approach; however, the approach should be highly in favor of infrastructure.

Pretty much everything you listed can’t be accomplished because the infrastructure needed is lacking.

Security – Doesn’t the Fed fund this? Either way, they need automobiles, radios, accessories, better weapons etc.
Education – have you seen the classrooms? How about the laboratories and computer labs?
Health – name a single public hospital that is well equipped to deal with modern day medicine.

Even as a person, if all your salary is being spent to service your current debt, how are you going to invest in the future or even take a much needed vacation?

On the other hand, you cannot just simply ignore all your current debts or needs just because you want to invest in the future. There are some things that you cannot just do without; however, the goal is always to reduce you reoccurring expenditure to a bare minimum that does not hurt you in the long run.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Yinkay: 6:00pm On Dec 22, 2011
I can only wonder what type of Government spend Tax payer's money announcing that a flyover will be at ordinary Mokola junction.

I doubt if you really know Mokola Roundabout and the traffic gridlock there which can only be resolved by a flyover for vehicles coming or going from or to UI and Queen cinema so that those traffic from UCH/ Total Garden/ Onireke/Stadium/Sabo can pass underneath. Akala tried by laying the aspahalt from Molete to Ojoo.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by olapluto(m): 6:06pm On Dec 22, 2011
'Oga ni'ya muda, eeyan l'omo e o le mu obe'. But Oyo state is not about Ibadan alone.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by HyeBits: 7:02pm On Dec 22, 2011
Yeah, Oyo State is not all about Ibadan. The governor has in his plan to develop all major towns to the standard of a modern city, infrastucture wise.

His impact is in Oyo State already, positively.

May God Almighty help him.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 8:38pm On Dec 22, 2011
daphil:

@OP, small thing dey thrill you sa! Wait till after a year to brief us on its implementation. Until I see its implementation, the guy is a joker.   

Is it the case that "small thing dey thrill me" or is it that you don't understand how politically sophisticated and[b] involved[/b] citizens behave worldwide?  You guys may think it is fashionable criticising evrything and everyone but I only see how Nigeria has damaged folks beyond repair.

Please ask our fellow diasporans how yearly budgets are scrutinised , to death, abroad. Citizens talk about it to no end - and rightly so . We should do same too because budgets are very important indicators of the priorities of a Government and the implications for each and every one of us.

Also, the casual and uneccessary rudeness of some of you guys is distasteful. How can you call Ajimobi a joker? Aside that he has been Governor for only 6 months, do you know his professional record to understand that Ajimobi is anything but a "joker"? You will just open your mouth to heap abuse on people who don't deserve it merely because they have chosen to serve Nigeria. We can only go on people's record in our Nation. If that is then the case here, Oyo folks can be optimistic because their Governor appears to be a talented solutions-provider who deserves support and not unwarranted insults from anyone. When a budget is bad you are abusive. When it is good you are abusive also. We can certainly conclude that there is no pleasing a people now routinely bitter, bellicose and casually uncouth towards everything and everyone.

http://en.wikipedia.org/wiki/Abiola_Ajimobi

Professional career

He returned to Nigeria in 1977 and joined Management and Industrial Consulting firm as a Senior Consultant. He thereafter worked briefly with Modulor Group (an architectural firm) as the Finance and Admin Controller, before joining Nestle Foods PLC. as the Operations Controller and later as Marketing Controller. In 1979, he joined National Oil and Chemical Marketing Company as the Consumer Products Manager. He was the youngest Manager to occupy such a sensitive position. His performance quickly earned him promotion to the level of Divisional Manager within one and a half years. Thus becoming the youngest Divisional Manager to be thus appointed.

He was later promoted to head a newly created Corporate Credit division reporting directly to the Managing director. As a top flyer in the company and based on his problem solving ability he was deployed to Ibadan Business District as the Area Manager to ensure the repositioning of the company's entire activities in the area. The Company and the district experienced landmark achievements in its modern retail network resulting. In 1987 he built the company’s first 3 in 1 and the largest petrol station retail outlet in Nigeria. The district office built during his tenure still stands out today in Jericho, Ibadan.

In 1987, based on a worldwide international strategic positioning of the lubricants business desired by Shell International Oil Company, he was appointed the Lubricants Manager. [size=14pt]He successfully built a new Lubricant division which became the most profitable business of the company and the largest contributor to the corporate profit. Having completed the strategic repositioning of the Lubricants department, he was moved to manage another troubled business arm- the aviation department. By 1993, he had acquired broad exposure in virtually all the marketing arms of the company. As part of the grooming programme he was posted on an international assignment to Shell International storage company of Togo, serving the whole of West Africa as Chief Executive. He also was the Operations Director of Shell Marketing Company in Togo covering some West African countries.[/size]

He returned to Nigeria in 1995 and was appointed in 1996 as Oil Sales Manager in 1998. He was appointed to the board of the company as Executive director- Marketing, a position he held before his appointment on February 2001, as the Managing Director/Chief Executive Officer of the National Oil and Chemical Marketing Company. As Managing Director he substainally improved the profitability of the company and the shareholders fortune. In 2003, he voluntarily retired after 26 years of service in the Oil industry.

In his successful professional career spanning a period of over three decades, Abiola Ajimobi was smart, brilliant, quick witted, and positively impacted on the businesses and people he interacted with.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by aribisala0(m): 8:39pm On Dec 22, 2011
Wallie:


Your arguments do have some merits and I believe what's needed is a balanced approach; however, the approach should be highly in favor of infrastructure.

Pretty much everything you listed can’t be accomplished because the infrastructure needed is lacking.

Security – Doesn’t the Fed fund this? Either way, they need automobiles, radios, accessories, better weapons etc.
Education – have you seen the classrooms? How about the laboratories and computer labs?
Health – name a single public hospital that is well equipped to deal with modern day medicine.

Even as a person, if all your salary is being spent to service your current debt, how are you going to invest in the future or even take a much needed vacation?

On the other hand, you cannot just simply ignore all your current debts or needs just because you want to invest in the future. There are some things that you cannot just do without; however, the goal is always to reduce you reoccurring expenditure to a bare minimum that does not hurt you in the long run.
as i already pointed out security derives from peace, employment and other such variables not just the police and as such is NOT just the responsibility of
the FG.Insecurity increases with hunger,unemployment and hopelessness
Again with regard to health the key issues in Nigeria health have little to do with Capital investment more with malnutrition,sanitation and water.
this is also true for education there is a need to attract quality teachers . It is not just classrooms but quality which was quite high when the British ran things and this is about attracting quality teachers. One well paid quality teacher will do a better job than 5 of those currently in place and this all relates to recurrent.
Anyway as the aphorism goes "he who asserts must prove"
I have not said there should be no capital investment . I pointed out that we are a poor country with limuted resources . The poster would like us to believe a greater proportion of the budget is better deployed on Capital rather than recurrent in this particular state and i say

"where is the evidence for that??

He would have us believe that Ajimobi's budget is better than Akala's last one. I do not know so show some convincing evidence not just DOGMATIC PERSONAL CONVICTION.
Please note the bolded and tell me whether that statement has any greater merit than the claim
that "Amala is better than Tuwo"
because you believe a thing does not make it true. WHERE IS THE EVIDENCE?
Everyone has his own deities
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Wallie(m): 9:18pm On Dec 22, 2011
aribisala0:

as i already pointed out security derives from peace, employment and other such variables not just the police and as such is NOT just the responsibility of
the FG.Insecurity increases with hunger,unemployment and hopelessness
Again with regard to health the key issues in Nigeria health have little to do with Capital investment more with malnutrition,sanitation and water.
this is also true for education there is a need to attract quality teachers . It is not just classrooms but quality which was quite high when the British ran things and this is about attracting quality teachers. One well paid quality teacher will do a better job than 5 of those currently in place and this all relates to recurrent.
Anyway as the aphorism goes "he who asserts must prove"
I have not said there should be no capital investment . I pointed out that we are a poor country with limuted resources . The poster would like us to believe a greater proportion of the budget is better deployed on Capital rather than recurrent in this particular state and i say

"where is the evidence for that??

He would have us believe that Ajimobi's budget is better than Akala's last one. I do not know so show some convincing evidence not just DOGMATIC PERSONAL CONVICTION.
Please note the bolded and tell me whether that statement has any greater merit than the claim
that "Amala is better than Tuwo"
because you believe a thing does not make it true. WHERE IS THE EVIDENCE?
Everyone has his own deities

Well, if it is as simple as Amala vs. Tuwo, then Tuwo wins as long as it includes gbegiri and ewedu grin Who eats bitter Amala that is liable to have koko in it? shocked

I usually try to stay away from political discussions as people become emotional and irrational. Generally speaking, the state of development of the State can be objectively determined by looking at what public and private services are available to the people of the state.

Today, it is extremely clear that the government is the main employer in the country and there’s no way that is sustainable. Governments do not make money. Governments collect taxes and spend money.

The goal of any functioning government is to increase its tax base and that can only be done by doing everything possible to grow or facilitate growth in the private sector. There is almost no way of increasing the tax base if the only employer is the government.

The only reason we are even discussing this is because Nigeria is akin to a trust fund baby that only has to wake up in the morning to find money in her account. For the rest of us, we had to develop a skill to eat; otherwise, we would starve! Nigeria, with the exception of a few states, does not have any skill, thus, makes no money. All we do is collect owo omo onile from a piece of land that belongs to someone else.
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 9:18pm On Dec 22, 2011
aribisala0:

as i already pointed out security derives from peace, employment and other such variables not just the police and as such is NOT just the responsibility of
the FG.Insecurity increases with hunger,unemployment and hopelessness
Again with regard to health the key issues in Nigeria health have little to do with Capital investment  more with  malnutrition,sanitation and water.
this is also true for education  there is a need to attract quality teachers . It is not just classrooms but quality which was quite high when the British ran things and this is about attracting quality teachers. One well paid quality teacher will do a better job than 5 of those currently in place and this all relates to recurrent.
Anyway as the aphorism goes "he who asserts must prove"
I have not said there should be no capital investment . I pointed out that we are a poor country with limuted resources . The poster would like us to believe a greater proportion of the budget is better deployed on Capital rather than recurrent in this particular state and i say

"where is the evidence for that??

He would have us believe that Ajimobi's budget is better than Akala's last one. I do not know so show some convincing evidence not just DOGMATIC PERSONAL CONVICTION.
Please note the bolded and tell me whether that statement has any greater merit than the claim
that "Amala is better than Tuwo"
because you believe a thing does not make it true. WHERE IS THE EVIDENCE?
Everyone has his own deities

To be honest, if we pander to philosophical dissection of matters and a subjective interpretation of issues then everything can become relative. I.e Ajimobi's budget may not be better than Alao Akala's and vice versa. If , however, and as is normal, we look at issues purely from an economic and scientific point of view then it is immediately obvious that Ajimobi's budget is far better than the 2011 budget of Alao Akala.

Even simplistically, voting substantially more in favour of capital spending is already a winner for those who know the reality of Nigeria to understand the atrocious fiscal policy that has seen, year after year, more money devoted to subsidizing the existence and activities of a small percentage of Nigerians within public office . Any economist would tell you , regardless of recourse to subjective philosophising, that anything reversing that trend is already a massive step in the right direction. Let us just focus on statistics and the very obvious implications of those statistics instead of arguing for the sake of being contrarian.

Note that philosophising means:

1. Speculate or theorize about[size=14pt] fundamental or serious issues[/size], esp. in a tedious or pompous way.
2.    Explain or argue (a point or idea) in terms of one's philosophical theories.

http://www.google.co.uk/#hl=en&q=philosophize&tbs=dfn:1&tbo=u&sa=X&ei=DI_zTtevB87O4QSp3dWNCA&ved=0CB0QkQ4&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=440660d03c957758&biw=1280&bih=921

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