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Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH - Politics - Nairaland

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Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by HungerBAD: 7:25am On Nov 28, 2015
Three years after federal government investigative reports confirmed that more than 20,000 federal projects have been abandoned, the federal government said September 15 2013 it had set up of a task force to halt the rogue fleecing of the nation.

If the executive arm of government under former President Goodluck Jonathan was guilty of gross inaction and insensibility, the legislative arm too had demonstrated no serious commitment in checking the waste of government funds in the abandoned projects that litter the constituencies they supposedly represent. However, much is expected from the Muhammadu Buhari administration in examining the legion of abandoned projects and making the fleecing contractors and rogue bureaucracy to give account.

For instance, two years after, the National Assembly is yet to pass the bill mooted to check unbridled wastage and corruption in abandoned projects; mum is the word from the National Assembly, as if they were unconcerned that the welfare of their constituencies means nothing to them so far their pecuniary appetites are lustfully satisfied.

Former Head of Service of the federation Mr. Danladi Kifasi said in Abuja before directors in the service that government was worried by the waste from abandoned projects by federal ministries, departments and agencies (MDAs).

He said government had resolved to set up a project performance and monitoring taskforce to punish contractors who collect mobilization funds and disappear. However, this cannot be unless the odious image of the Civil Service is redeemed in order to restore public confidence and reverse nation that “government business was nobody’s business”. To what extend Kifasi can clean the Service rot, which has become a cankerworm?

Indeed, the abandoned projects by Federal Ministries Departments and Agencies (MDA) had climbed from 11,886 three years ago to 20,000, going by figures supplied by the former Minister of Finance and Coordinating Minister of the Economy Mrs. Ngozi Okonjo-Iweala.

Former Speaker House of Representatives, Hon. Aminu Tambuwal had mooted in July last year a bill to compel MDAs to implement national budgets in order to halt disturbing trend of failed and abandoned projects. His words, “It is time we changed from the so-called cash-based budgeting system to performance-based budgeting….We hope that all arms of government, especially the Legislature and the Executive will learn to build the kind of synergy that will encourage budget implementation and reduce poverty in the land.”

In addition, Tambuwal noted, “The Presidential Projects Assessment Committee (two years ago) estimated that over 11,886 projects valued at N7.7 trillion were abandoned after government had spent N2.2 trillion on them, and N9 trillion is required to complete the abandoned projects. This is unsupportable wastages. I advocate performance budgeting.”

Indeed, when similar unaudited abandoned projects by the 36 states and 774 local governments are added, the figure would be astounding. Many National Assembly members fleece through bogus and unaccounted constituency project votes. The legislative –executive feud over N80 billion constituency projects has bogged down implementation of the 2013 Appropriation Act.

This unchecked fiscal indiscipline, Okonjo-Iweala had regretted has allowed the country’s debt profile to climb to $37 billion, almost to the position before the expensive bailout during the Obasanjo administration. Despite executive agencies and the Presidency failing to check rein in fiscal indiscipline, the Finance Minister is strangely advocating the collection of more foreign loans when previous loans have remained unaccounted for and projects not seen to benefit the people.

The Fiscal Responsibility Act (FRA) was enacted in July 2007. Unknown is the impact of the Fiscal Responsibility Commission set up to manage prudently the nation’s resources, ensure long-term macroeconomic stability, secure greater accountability and transparency in fiscal operations . Bureau of Public Procurement, established to check these frauds, has been ineffective.

The NASS that should perform oversight function on the executive has largely slept on its duty. This is why in the past 14 years federal recurrent expenditures is about 75 per cent to service a few thousands of public office holders while a miserly 25 per cent takes care of the rest 160m million people.

During a tour of abandoned projects two years ago former Minister of Information Labaran Maku had fingered that the desire for ego credit taking, rather than service delivery, was behind the drive for new projects and abandoning of old ones. The embarrassing trend might stall new projects in 2014 and 2015.

The abandoned projects include power projects, for which billions of dollars have been committed with no production of electricity, road, rail, and water transportation infrastructure to jumpstart the economy and provide job opportunities, education, and health institutions provisioning, infrastructure to provide domestic self-sufficiency in food and fuel.

Other factors are pitiable planning, inadequate budgeting, delay in releasing project funds, which leads to project execution delay, increased contract cost variation and ultimate abandonment and contract splitting to give jobs for the boys. President Goodluck Jonathan cannot affect positively on peoples welfare without urgently curbing corruption by officials using fraudulent ploys: upfront payments for contracts prior to execution, white-elephant money-laundering projects proposed principally to pull out money from the treasury.

Exposing contractors that have collected money for jobs not done and bringing them to trial will effectively check the culture of impunity in abandoned projects. The abandoned projects badly affect peoples’ welfare countrywide. There is urgent need for the Buhari administration to revisit the abandoned projects scandals for the sake of accountability, probity to discourage looting spree with impunity.



http://www.mynewswatchtimesng.com/buhari-and-fgs-20000-abandoned-projects-3/

6 Likes 1 Share

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by bigeagleeye(m): 7:27am On Nov 28, 2015
Mr. President, wake up to the reality of looming economic crisis, even your supporters are now marking time to join wailers oh...the temptation is growing by the day! Don't say I didn't tell you oh angry angry

39 Likes 3 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Firefire(m): 7:29am On Nov 28, 2015
"Exposing contractors that have collected money for jobs not done and bringing them to trial will effectively check the culture of impunity in abandoned projects.

The abandoned projects badly affect peoples’ welfare countrywide. There is urgent need for the Buhari administration to revisit the abandoned projects scandals for the sake of accountability, probity to discourage looting spree with impunity".

Same situation across the 36 state in Nigeria, abandoned projects.

18 Likes 3 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by mightyhazel: 7:31am On Nov 28, 2015
sad

3 Likes

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by bigeagleeye(m): 7:37am On Nov 28, 2015
Now that the economy is dwindling and at a confused state, I guess the government should make execution/completion of laudable abandon projects the next in line of action! This government is beginning to have image problem oh

12 Likes 2 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Okpueze1(m): 7:45am On Nov 28, 2015
What goes around, comes around. Time will tell in this country.

1 Like

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Lordave: 7:48am On Nov 28, 2015
I wanna be pree, pree like a butterply spray my wings and ply away- Buhari, on why he likes travelling.

17 Likes 2 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by damton(m): 8:59am On Nov 28, 2015
I'm sure mr. President is very much aware of these

1 Like

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by PLANETMARS(m): 9:00am On Nov 28, 2015
Buhari b like.......
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by 360ng: 9:00am On Nov 28, 2015
sad
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Segse(m): 9:00am On Nov 28, 2015
God should help us
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Nobody: 9:00am On Nov 28, 2015
WITH THEIR LIES YOU SHALL KNOW THEM.
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by 5starmilitant: 9:00am On Nov 28, 2015
As if president ajala cares! He doesn't even want to settle down. Na flying sure pass for him now. cheesy


Even the zombies are now wailing indirectly. grin grin grin grin grin grin grin grin

2 Likes

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by bunmioguns(m): 9:01am On Nov 28, 2015
Hmmm
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by teebaxy(m): 9:01am On Nov 28, 2015
C-Criminals, Changi dolle
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by ShakurM(m): 9:02am On Nov 28, 2015
Who dey count am!! undecided

1 Like

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by LastSurvivor: 9:02am On Nov 28, 2015
I tot Abacha was a thief until I met buhari

15 Likes 2 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by efilefun(m): 9:02am On Nov 28, 2015
So sure most people won't read the article but jump into the blame game and crucify PMB. Imagine the rate of abandoned project increasing from 11000+ in 2013 to over 20000 within 2 years? Yet some people still see this thieves as heroes. The things that affects the general public directly ain't cared about that's why some criminals called contractors would get paid and abandon the job.
Those senators also are nothing but criminals, nothing special should be expected from them. Imagine a senator telling a contractor to inflate the price of the project so he could get some % out of it and you thinking this same senators will approve the bills to prosecute this contractors?

12 Likes 1 Share

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by ofofoCEO(f): 9:03am On Nov 28, 2015
Who count am biko

1 Like

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by princebaby(m): 9:03am On Nov 28, 2015
Hmmmm. Bubu news again this morning huh!! Abeg I dey hungry am on my way nw to mama funke akara joint !! abeg bubu dey what's app? Who has his number?
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by shepherd77: 9:04am On Nov 28, 2015
No single regime is responsible for all the abandoned projects.


All the regimes before now are responsible.


Government is supposed to be a positive continuum.

2 Likes

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by AceRoyal: 9:04am On Nov 28, 2015
when u use makeup to deceive a man into marrying u as a beautiful woman,the day he sees ur real form and face,divorce is eminent.
This is the case of PMB and APC,the media cosmetic makeup is beginning to fade and the marriage between The citizens and them Wud soon collapse if they don't take proactive measures.

2 Likes 2 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by Kingbilo(m): 9:07am On Nov 28, 2015
This can actually be seen as a great opportunity...

One of the best methods to kick-start an economy is to fund public projects which can put income into the hands of Nigerians who can maximise multiplier effect. Put money into the hands of those at the grassroots willing to spend naira on domestic goods.. It's really simple. Take a cue from the 2008 US financial crisis..part of the US solution was funding public projects.. Building bridges, railroads etc.

That's how fiscal policy works

Benefits of public projects is not just practical viability.. It's also a means to protect the economy by balancing spending power of the common Nigerian citizen. We need cashcash in-house to keep this economy going. It's not by just fixing interbank rates and banning foreign trade. Attack the problem from all sides please!

Buhari needs to take this opportunity. Source out those projects and reboot them..

If the government wants to keep its hold on Nigerias main source of revenue it needs to realise that it has a responsibility to put citizens of this country to productive use at every opportunity.

5 Likes

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by chrysso83(m): 9:07am On Nov 28, 2015
I dey come
Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by 5starmilitant: 9:08am On Nov 28, 2015
bigeagleeye:
Now that the economy is dwindling and at a confused state, I guess the government should make execution/completion of laudable abandon projects the next in line of action! This government is beginning to have image problem oh

Take it or leave it, the only difference between Apc and PDP is their party flags.

4 Likes 2 Shares

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by engrjacuzzi: 9:08am On Nov 28, 2015
standard gauge rail line projects should be the most important of the project to relief our road. the man who lied to Nigerians that he was going to build rail line from abuja to Cairo, should be kept in kirikiri maximum prison for blasphemy.

4 Likes 1 Share

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by LesbianBoy(m): 9:09am On Nov 28, 2015
Buhari oooooo leave burukutu and gworo and give us the change you promised! angry

1 Like

Re: Buhari And Fg’s 20,000 Abandoned Projects- NEWSWATCH by 5starmilitant: 9:10am On Nov 28, 2015
bigeagleeye:
Mr. President, wake up to the reality of looming economic crisis, [b]even your supporters are now marking time to join wailers oh...[/b]the temptation is growing by the day! Don't say I didn't tell you oh angry angry

Including you bro, you're wailing already..... cool

2 Likes 2 Shares

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