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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 |
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: 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: 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: 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: Correct! |
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by Gbawe: 11:09pm On Dec 21, 2011 |
VoodooDoll: 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 |
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 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: 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] 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. |
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: 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 |
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: 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 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. 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 for announcing how much and how money would be spent. -- Na wa ooo dayokanu:Kudos indeed. phantom: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: 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: 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 |
Re: Ajimobi Presents N160.6b 2012 Budget To Oyo Assembly. Compare. by aribisala0(m): 8:39pm On Dec 22, 2011 |
Wallie: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: Well, if it is as simple as Amala vs. Tuwo, then Tuwo wins as long as it includes gbegiri and ewedu Who eats bitter Amala that is liable to have koko in it? 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: 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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