Jesusloveyou:
u saTANist wailers has be wailing over pmb blueprint, now u have it, the implementation wil never be a problem becos pmb is not like ineffectual buffoon. N.B- can somebody shout halleluyah today is my birthday

dgr8truth:
Whether they reveal 39 priority projects or 1 priority project, the truth is that we are only spending less than 30% of our 2016 budget on infrastructure out of a total of about 6 trillion naira. This is not good enough, this is what was obtainable during the era of PGEJ hence nigerians voted for change we expected such to reflect in the budget but sadly it did not and ended up as the budget of yam.

Soulmate05:

Sai Buhari!

This will not interest the wailing wailers..... bad market for the wailers.

dgr8truth:
Whether they reveal 39 priority projects or 1 priority project, the truth is that we are only spending less than 30% of our 2016 budget on infrastructure out of a total of about 6 trillion naira. This is not good enough, this is what was obtainable during the era of PGEJ hence nigerians voted for change we expected such to reflect in the budget but sadly it did not and ended up as the budget of yam.

obailala:
Dont mind those adults with infant brains. They make such comments hoping to drag more people into their sorry melancholic state of mind. Unfortunately for them, they their pointless comments only appeals to homosapiens of their kind, hence their frustration.

Mojoy88:
Judging from the fact that the APC 2016 budget with is about #6.6trillion, 30% allocated to Capital expenditure in my candid view is laudable. The previous Administration which experienced boom in oil market had budget of #4.695trillion, #4.962trillion, and 4.358trillion in 2013, 2014, and 2015 respectively. Capital expenditure for years is #1.119trillion (20%), #1.59trillion (24%), and 387.15 billion respectively. The first question you should ask how come APC was able to increase the total budget to by about #2trillion despite the state of world oil market. It is a matter of time, Nigerians will know that true change is here.

yaki84:



She said: “There is also plan to complete the Kaduna-Abuja-Ajaokuta railway lines in 2016. We
are also revising the National Rail Masterplan which is commencing construction of the Lagos-
Kano standard Gauge Rail line and also to finalise the negotiation regarding the Calabar-Lagos
rail line. Of course the objective of this is to increase availability of mass transit, to reduce
pressure on road infrastructure. did u read this part!
why negotiation regarding calabar-lagos rail line? thought everything was concluded before it was sent to the senate for approval?
this is d same project that people abused, accused, tagged pdp senators evil, playing politics of hatred n dat same project is now being negotiated.

Mojoy88:
Judging from the fact that the APC 2016 budget with is about #6.6trillion, 30% allocated to Capital expenditure in my candid view is laudable. The previous Administration which experienced boom in oil market had budget of #4.695trillion, #4.962trillion, and 4.358trillion in 2013, 2014, and 2015 respectively. Capital expenditure for years is #1.119trillion (20%), #1.59trillion (24%), and 387.15 billion respectively. The first question you should ask how come APC was able to increase the total budget to by about #2trillion despite the state of world oil market. It is a matter of time, Nigerians will know that true change is here.

luvinhubby:



And up till now APC is still making promises of 'we will' when they have not fulfilled a single propaganda promises they made to ZOMBIES like you.

Talk is always cheap.

DONMAYOR19:
zombie na today u dey hear FG will do this, FG will do that after which they will come back and denied it. I wonder how people still jubilate on this apc led government when it is so glaring that they have nothing to offer other than to deceive their zombie supporters.

adconline:

The answer is that the govt is borrowing about 40% of the total money.. The govt reduced rhr ministries by half and still increased the cost of running govt by 40%..
There is N500bn budgeted for special program to be spent at GMB's discretion.. There is no minster nor an administrator for this fund. Meanwhile ministries of works and housing, education all will allocation of about N400bn.. So actual ministries got smaller allocation than non-existing minstry

techJ:


You and your principals want the promises to be propaganda and that is why your agents in NASS have been frustrating the budget all along trying to remove key projects and creating loop holes so your principals can siphon funds from there. Don't worry, when it is finally signed and implemented, all you wailers will also be beneficiaries.

Mojoy88:
May be you should go check the debt profile of GEJ despite having a boom oil market. He allocated a huge amount for security in 2015 and yet still borrowed for the same reason. Well, we all know the story now. There is hardly no economy without debt but it should be healthy. Any borrowing for capital expenditure is a social investment which will have positive effect on the economy in the long run. But borrowing for recurrent expenditure is nothing but a debt which might turn bad. Track back PDP's debts and see why they were incurred.
As for the #500billion social relief fund, it is never ministry-less. It will be handled by various ministries which i know ministry of education is one of them.

dgr8truth:

The balance that is now being sort for, that total about 2trillion naira, is it for capital expenditure? I'm confident You know the answer.

dgr8truth:
Whether they reveal 39 priority projects or 1 priority project, the truth is that we are only spending less than 30% of our 2016 budget on infrastructure out of a total of about 6 trillion naira. This is not good enough, this is what was obtainable during the era of PGEJ hence nigerians voted for change we expected such to reflect in the budget but sadly it did not and ended up as the budget of yam.

adconline:


You just contradicted urself. Debt to GDP ratio is going up now since FG decided to absolve debt portfolio of states into FG's debt portfolio... Out debt stockpile is going while our GDP is contracting.. Recession is staring us in our face. Another discussion for another day
FG is borrowing for recurrent expenditure since you didn't know that.. Just the presidency increased its budget by N15bn when such huge amount could been used in providing permanent shelter to women and kids in IDP.
Ministries reduced from 40 to 19 yet cost of governance is higher than it was when we had 40 ministries-how come?

N30 out of every N100 will be spent on capital project when the government is borrowing about N45 out of every N100 to fund the budget. So where the borrowed N15 go-chop money for Politrickians.

dgr8truth:


Why don't you post the figure, it will make more sense than to make it vague.

GambaOsaka:


This is a different ball game. The only thing that can impair the implementation is Corruption and you and I know that there's NO ROOM for that under Buhari.

dgr8truth:


Why don't you post the figure, it will make more sense than to make it vague.

luvinhubby:


Presidency - APC

NASS -- APC

So who is frustrating who?

Mojoy88:

You and me know that the debt is a spillover effect of the past administration's policy of 'let's focus on oil money' which got the most states busted when the oil price crashed. It was necessary as civil servants are crying hard (visit Osun state and see for yourself). I think it is an attempt to help the state be on the balance to start the change policy.
I admit that the GDP was very fine under GEJ, but hey! what's cool about the GDP when the people are 'screwed'. It doesn't reflect in the live of most Nigerians. Yeah! the debt-GDP rate may be increasing but hey! we are moving from worse to bad and from bad to good. Mind you, this is just the first budget which is for a financial year and not for the whole term.
The increase in governance despite the reduction in ministries may be an effect of inflation and exchange rate and I think the many planned trips of PMB is the reason why Presidency has higher figure budgeted compared to GEJ's tenure. And on a light note, #53billion squandered by GEJ in 2011 to celebrate our independence could have been used to construct the second Niger bridge.
And common, why analysing the economy with your #100, #45 illustration when you know it is more logical than that. You are an intellectual and should not think like that.
Lets be hopeful they implement their change policy and bring sanity back to the country, we shall hold them by their words come 2019. One love bro!