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Fashola Gets N433.4bn For Power, Works And Housing - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fashola Gets N433.4bn For Power, Works And Housing (27630 Views)

National Assembly Earmarks N6.4bn For Cars / Power Failure: Fashola Gets 30-day Ultimatum To Revive Power Sector Or Resign / PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration (2) (3) (4)

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Re: Fashola Gets N433.4bn For Power, Works And Housing by igwe123: 4:10pm On Dec 22, 2015
obaiIaIa:


Lagos belongs to all Nigerians...Get that!!!
hahaha, dont mind them. yeye ppl

2 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by lifestyle1(m): 4:10pm On Dec 22, 2015
Re: Fashola Gets N433.4bn For Power, Works And Housing by KpStone(m): 4:10pm On Dec 22, 2015
Re: Fashola Gets N433.4bn For Power, Works And Housing by banio: 4:11pm On Dec 22, 2015
Fashola pls don't build another personal website with our tax

2 Likes 1 Share

Re: Fashola Gets N433.4bn For Power, Works And Housing by Nobody: 4:11pm On Dec 22, 2015
Equivalent of budget of Lagos State grin
Re: Fashola Gets N433.4bn For Power, Works And Housing by Nobody: 4:12pm On Dec 22, 2015
obaiIaIa:


Oilgrabber..


We are your breadwinners.Be appreciative for once!

while the ibos are your breadwinners in Southwest
Bread winner ko puff-puff winner ni.

5 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by wexyee: 4:13pm On Dec 22, 2015
obaiIaIa:


Haaaaa.. Thieves... #OILGRABBERS...LAGOS IS A NO MAN'S

LAND...DEAL WITH IT!
. Exactly the the oil is for all nigerians
Re: Fashola Gets N433.4bn For Power, Works And Housing by Jahdeyemi: 4:13pm On Dec 22, 2015
Completion of only lagos ibadan express rd will cost nothing less than 100billion naira if its 2 be funded only by d FG

2 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by proxillin(m): 4:15pm On Dec 22, 2015
Yemmyoo7:
Bread winner ko puff-puff winner ni.

Pop corn winner
Re: Fashola Gets N433.4bn For Power, Works And Housing by gurunlocker: 4:15pm On Dec 22, 2015
Let the change work begin..... I will only confirm your unseriousness , vision less , no direction regime if you still continue to blame past administration from Jan 1,2016.

hope Nigerian will be a great country soon

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by ohenhen1: 4:16pm On Dec 22, 2015
2015 Appropriation budget including both capital and recurrent expenditure

Works about 44 billion Naira
Power about 9.5 billion Naira
Land and Housing about 7.5 billion Naira




The 432 billion Naira spending is a major increase in spending. I understand most of it is going towards capital projects. The uncompleted projects will be completed first before the commencement of new projects.

Priority
1. Complete all transmission and generation power projects
2. Fix all federal roads
3. Pay outstanding power sector debts.
4. Improve gas supply to power plants.
5. Public private partnership to build more housing.
6. Home mortgage scheme.

3 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by rev2214(m): 4:16pm On Dec 22, 2015
I'm most concern about PHCN billing
I pay an average of 10k monthly @ iju Ishaga
Ifako/Ijaye LG because
I don't have mater or prepaid meter.
Is this the reason I should be billed like this monthly?
Uhmmmm I don't get it and I need help
Re: Fashola Gets N433.4bn For Power, Works And Housing by Handsome4real(m): 4:16pm On Dec 22, 2015
Yemmyoo7:
He should spend the money judiciously.
Hello beautiful wink
Re: Fashola Gets N433.4bn For Power, Works And Housing by banio: 4:17pm On Dec 22, 2015
centvin008:

The Federal Government on Tuesday in Abuja earmarked N433.4 billion in the 2016 budget for its services in the Ministry of Power, Works and Housing led by Babatunde Fashola.
President Muhammadu Buhari stated this on Tuesday in his 2016 budget speech delivered at the Joint session of the National Assembly.
He said it was the intention of government to raise the percentage allocation for capital expenditure in future.
“To deliver our development objectives, we have increased the capital expenditure portion of the budget from N557 billion in the 2015 budget to N1.8 trillion in the 2016 budget.
“For the first time in many years, capital expenditure will represent 30 per cent of our total budget.
“In future years, we intend to raise the percentage allocation for capital expenditure,” he said.
Buhari said that the measure became necessary in fulfillment of the government’s promise to align expenditure to long-term objectives and government’s commitment to sustainable development.
According to him, this increased in capital expenditure commits significant resources to critical sectors such as Works, Power and Housing to the tune of N433.4 billion.
In a breakdown, Transport would gulp N202.0 billion; Special Intervention Programmes – N200.0 billion; Defence – N134.6 billion; and Interior – N53.1 billion.
The President said these investments in infrastructure and security were meant to support the nation’s reforms in the Agriculture, Solid Minerals and other core job-creating sectors of the nation’s economy.
“We will invest to safeguard lives and property. We will invest in equipping our farmers with the right tools, technology and techniques.
“We will invest in empowering and enabling our miners to operate in a safe, secure and humane environment.
“We will invest in training our youths, through the revival of our technical and vocational institutions to ensure they are competent enough to seize the opportunities that will arise from this economic revival,” Buhari said.
NAN reports that the President presented a budget of N6.08 trillion for 2016 with a revenue projection of N3.86 trillion, resulting in a deficit of N2.22 trillion

http://www.pmnewsnigeria.com/2015/12/22/fashola-gets-n433-4bn-for-power-works-and-housing/
Lalasticlala‎

#2.22 trillion deficit. That's the excuse APC will give for under performance in 2016.
Trust me

2 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by Koleman(m): 4:18pm On Dec 22, 2015
No we can start holding buhari responsible if he fails. but he won't. I have never made a wrong decision in my life

2 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by Nobody: 4:19pm On Dec 22, 2015
It's not what the Ministry gets but how it's utilized. We've seen Works and Power Ministry as drain pipes in the past. Fashola is a high cost operator considering the Inexplicable amount he deployed to projects in Lagos State.

2 Likes 2 Shares

Re: Fashola Gets N433.4bn For Power, Works And Housing by anonimi: 4:19pm On Dec 22, 2015
geesilver:
Fashola we believe you are capable base on your track record in lagos state. All we want is result, we don't care what it takes to get the job done. Ensure that @ the end of this administration we can be guarantee ( least 12-16 hours regular supply of electricity in a day otherwise all your past achievement would be seen as a scam.

His past in Lagos state for eight years was a SCAM already- confirmed!



[img]http://3.bp..com/-0cjSRaVqdv4/TWEJI4eES7I/AAAAAAAAAO8/nZkAaHlM5IE/s1600/sunbornyatch2C.jpg[/img]


Lagos N8bn Sunborn Yacht deal, bad business — APC


More from: http://www.punchng.com/news/lagos-n8bn-sunborn-yacht-deal-bad-business-apc/


www.nairaland.com/attachments/1973881_img2014122603230_jpeg799f2d35e600328f93182225e2391bbf




www.nairaland.com/attachments/1973895_img2014122603236_jpeg485d075040f712b8f8307d1975273b07




www.nairaland.com/attachments/1973927_img2014122603253_jpegd8f38f219e6af362262c6094f7a9ec7e



www.nairaland.com/attachments/1973905_img2014122603242_jpeg1aeef009b62751d4b69a0003b529e03c



www.nairaland.com/attachments/1973906_img2014122603243_jpeg7938cd7d76e2bf011d257d01242cd040


More pictures here:

https://www.nairaland.com/2062088/sorry-states-lagos-island

4 Likes 2 Shares

Re: Fashola Gets N433.4bn For Power, Works And Housing by Koleman(m): 4:19pm On Dec 22, 2015
banio:


#2.22 trillion deficit. That's the excuse APC will give for under performance in 2016.
Trust me
oga it simply means that amount will be sourced from borrowing! haba!

4 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by Nobody: 4:19pm On Dec 22, 2015
Handsome4real:
Hello beautiful wink
Hi handsome
Re: Fashola Gets N433.4bn For Power, Works And Housing by Gpromise1(m): 4:22pm On Dec 22, 2015
studio14:
Defence 134.6b army, navy, air force. Interior 53.1b police, immigration, customs, fire service, prisons, road safety, vio, this money to small for interior police go still de harass people for road the money no go do them
I tot as much ooo

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by persius555(m): 4:23pm On Dec 22, 2015
BRF, all eyes on you.
Re: Fashola Gets N433.4bn For Power, Works And Housing by amtaken(f): 4:24pm On Dec 22, 2015
Election campaign money is being paid back to the donors by the donee.




Change!
centvin008:

The Federal Government on Tuesday in Abuja earmarked N433.4 billion in the 2016 budget for its services in the Ministry of Power, Works and Housing led by Babatunde Fashola.
President Muhammadu Buhari stated this on Tuesday in his 2016 budget speech delivered at the Joint session of the National Assembly.
He said it was the intention of government to raise the percentage allocation for capital expenditure in future.
“To deliver our development objectives, we have increased the capital expenditure portion of the budget from N557 billion in the 2015 budget to N1.8 trillion in the 2016 budget.
“For the first time in many years, capital expenditure will represent 30 per cent of our total budget.
“In future years, we intend to raise the percentage allocation for capital expenditure,” he said.
Buhari said that the measure became necessary in fulfillment of the government’s promise to align expenditure to long-term objectives and government’s commitment to sustainable development.
According to him, this increased in capital expenditure commits significant resources to critical sectors such as Works, Power and Housing to the tune of N433.4 billion.
In a breakdown, Transport would gulp N202.0 billion; Special Intervention Programmes – N200.0 billion; Defence – N134.6 billion; and Interior – N53.1 billion.
The President said these investments in infrastructure and security were meant to support the nation’s reforms in the Agriculture, Solid Minerals and other core job-creating sectors of the nation’s economy.
“We will invest to safeguard lives and property. We will invest in equipping our farmers with the right tools, technology and techniques.
“We will invest in empowering and enabling our miners to operate in a safe, secure and humane environment.
“We will invest in training our youths, through the revival of our technical and vocational institutions to ensure they are competent enough to seize the opportunities that will arise from this economic revival,” Buhari said.
NAN reports that the President presented a budget of N6.08 trillion for 2016 with a revenue projection of N3.86 trillion, resulting in a deficit of N2.22 trillion

http://www.pmnewsnigeria.com/2015/12/22/fashola-gets-n433-4bn-for-power-works-and-housing/
Lalasticlala‎
Re: Fashola Gets N433.4bn For Power, Works And Housing by Descartes: 4:24pm On Dec 22, 2015
Another looting spree for the godfathers just watch and see how this money will be dasukied
Re: Fashola Gets N433.4bn For Power, Works And Housing by biafranqueen: 4:25pm On Dec 22, 2015
Chai is friends will be celebrating calling it Godwins...

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by Holyman3(m): 4:25pm On Dec 22, 2015
Remove 78 million for websites for each of the three ministries and let's know the balance first.

2 Likes 1 Share

Re: Fashola Gets N433.4bn For Power, Works And Housing by texazzpete(m): 4:25pm On Dec 22, 2015
obaiIaIa:
Niger Delta money...chai

Out of the 6 trillion naira budget, less than 1 trillion comes from crude oil sales revenue.

It's more OUR tax money than 'Niger Delta money', slowpoke.

2 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by just2endowed: 4:26pm On Dec 22, 2015
Yemmyoo7:
which one is Niger delta money? The money belongs to all Nigerians. Get it?

the source of the revenue is from south soouthern states.

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by texazzpete(m): 4:26pm On Dec 22, 2015
banio:


#2.22 trillion deficit. That's the excuse APC will give for under performance in 2016.
Trust me

You don't know what 'deficit' means, do you?

Shame it's the ignorant ones like you that are so loud.

6 Likes

Re: Fashola Gets N433.4bn For Power, Works And Housing by hensben(m): 4:28pm On Dec 22, 2015
We are about to witness transparent government. We wasted 16 good years under PDP.

Buhari I trust and know.

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by coreninja(m): 4:30pm On Dec 22, 2015
PMB is on course, apparently a nation builder.

1 Like

Re: Fashola Gets N433.4bn For Power, Works And Housing by sirTesco(m): 4:30pm On Dec 22, 2015
obaiIaIa:
Niger Delta money...chai
Bros d tin taya me o, so doz paedophiles go dey flex our oil money anyhow. Make 9ja delta dey dia own abeg.
Re: Fashola Gets N433.4bn For Power, Works And Housing by Bollinger(m): 4:31pm On Dec 22, 2015
A better headline is TINUBU receives 433 billion Naira.

1 Like

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