President Muhammadu Buhari on Monday ordered the National Planning Commission (NPC) to go back to the drawing board and produce the framework for a 2016 national budget that will reduce recurrent expenditure and prioritize developmental projects.

He gave the order after receiving a briefing from the Executive Secretary of the Commission, Dr. Bassey Akpanyung, at the Presidential Villa, Abuja.

The President, according to a statement issued by the Senior Special Assistant on Media and Publicity, Garba Shehu, told Dr. Akpanyung and Directors of the NPC that capital projects must now be given the fullest possible priority because Nigeria cannot achieve real development without adequate investment in capital and infrastructural projects.

“In carrying out its role in surveillance of the economy, review and appraisal of policies, the Commission should devise a plan for a realignment of the budget so that capital projects can be really prioritized,” the President directed the NPC.

The Executive Secretary of the NPC had informed the President that Nigeria’s planning system was beset by many challenges.

These challenges, he said, included the non-alignment of national plans with the annual budget and inadequate capacity in the departments of Planning, Research and Statistics in the various government ministries.

http://thenationonlineng.net/buhari-orders-reduction-in-2016-budgets-expenditure/

Let's survive 2015 first.
Sufficient is the day of the evil thereof!

Baba is working. wailing wailers keep wailing

Advice Control the cause and the effect would wipe off

Another good decision by the president. We can't develop the country without investing heavily in infrastructural development. The era where over 70% of our national budget goes to recurrent expenditure is about to change. This is the change we are talking about.

Proactive leader.

Change is here

I love buhari

Good One

Hit like if you believe baba is really working .

I agree that recurrent spending has to reduce but where will the reduction come from? For instance a large chunk of our recurrent spending goes into payment of salaries and fuel subsidy. Will the president be willing to lay off staff, reduce wages or remove subsidy?

Tough decisions lie ahead. I can only wish him luck.

Stolen:
So he can see money to steal abi? Baba one chance!


A fulani is a fulani anytime or day.

kai go back to school.

dondo83:


kai go back to school.

An advice better suited for Buhari. The President without a certificate.