₦airaland Forum

Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,258,238 members, 4,939,877 topics. Date: Thursday, 23 May 2019 at 04:06 PM

2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari (19616 Views)

2018 Budget : The Proposed Versus The Approved- Pictures / I Am Not Part Of The Aso Rock Cabal - Governor El-rufai / Aso Rock Budget In Brief: Budget Of Looting (proof) (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 11:27pm On Dec 21, 2016
The first time this budget analysis series ran was for the 2016 budget; and it becomes visible each day that the 1810 page document was a horrid, hurriedly-put, corrupt-conduit-filled piece of executive cluelessness. Well, since I’m more of a realist than any of the other-ists, I’ll just say that the fact that the world lost an entire tree to the making of the paper it was inked on is a tragedy. We have been given a sequel; the 2017 budget was presented to the National Assembly by the President in the presence of the ministers who drafted it—and even slept while the presentation was on—and it was called the “Budget of Recovery and Growth.” If you noticed, it is quite a change from the previous budget of change just like the government’s change mantra. Here are some quotes from the President’s speech on what when passed, will be arguably the most important document in the country—sorry, just checked and it is 63 paragraphs long so I will just skip to analysing the 2017 budget as we await the implementation report of the 2016 budget.

The 2017 budget is N7.298 trillion. According to the government, this comprises of

i. Statutory transfers of N419.02 billion;

ii. Debt service of N1.66 trillion;

iii. Sinking fund of N177.46 billion to retire certain maturing bonds;

iv. Non-debt recurrent expenditure of N2.98 trillion; and

v. Capital expenditure of N2.24 trillion (including capital in Statutory Transfers).

We will begin with the State House budget, which is, 42,917,666,214. This almost double what the previous government budgeted for this in 2015 which was 23,465,865,117. Out of this, 19,970,000,000 is the total capital budget while the total recurrent budget stands at 22,947,666,214. The total overhead is 10,171,082,268 and that for total personnel is 12,776,583,946.

This is the first piece in the #SaatahBudgetSeries2017, and I will be looking at the budget of the State House (which was referred to as Presidency in previous budgets).

STATE HOUSE

There are 16 agencies under the State House, and they are: State House Headquarters, The Office of the President, The Office of the Vice President, Office of the Chief of Staff to the President, Office of the Chief Security Officer to the President, State House Medical Centre, State House Lagos Liaison Office, Office of the Senior Special Assistant to the President on Sustainable Development Goals (SDGS), National Institute for Policy and Strategic Studies (NIPSS). Kuru, Bureau of Public Enterprises, National Emergency Management Agency, Economic and Financial Crimes Commission, Bureau of Public Procurement, Nigeria Extractive Industries Transparency Initiative, Nigeria Atomic Energy Commission and its centres, and Office of the Chief Economic Adviser to the President which funny enough the President only appointed in August of this year.

The first piece of poo I was hit with, ironically, was the “Sewage Charges” budget of the State House Headquarters” It was put at 52,827,800. That means 144,733 every day. That’s a lot of poo as far as the eye can see. Compare this with the “Sewage Charge” budget for 2015 which was 4,957,143 and for 2016 which was 6,121,643. This simply means the poo charge went up by 1050% compared with the 2015 budget, and 850% when compared with the 2016 budget. The 52,827,800 question I want to ask now is what exactly are they shitting there?

The State House Headquarters budget for “Honorarium/Sitting Allowance” is 556,592,736. Let me remind you that the previous government budgeted 174,471,371 for same item in 2015, while in 2016, this administration jacked it up to 507,518, 861.

The State House Headquarters still continues to budget for “Residential Rent.” This is something I have failed to understand up till now and I wouldn’t mind someone explaining it to me. That aside, the amount budgeted for this “Residential Rent” in 2015 was 22,459,575, while in 2016 it was put at 27,735,643. I don’t know how or why, but in the 2017 budget of “Recovery and Growth,” this same “Residential Rent” went up to 77,545,700. Whoever the Landlord of that State House Headquarters is, in this economy, he must be a very lucky and fortunate chap.

There is an 8,539,200 budget for “Anti-Corruption” and I’m perplexed as to what exactly it is.

The last time there was a budget for “Motor Vehicles” or anything like that was in the 2014 budget by the last administration and it was a total of 132,200,000. This government came in in 2016 and somehow concluded that the State House Headquarters did not have enough “Motor Vehicles,” so they started by budgeting 877,015,000 which was something like a 650% increase from the 2014 budget for the same item. The State House Headquarters still doesn’t think there are enough “Motor Vehicles,” so in 2017 they have budgeted a total of 197,000,000 for the purchase of “Motor Vehicles” and “Buses.” At this rate, by 2019, this government would’ve succeeded in buying enough “Motor Vehicles” to drive the entire country off the edge.

2016 will end up being one of the darkest years in this country in relation to power supply. So, I do not understand where the State House Headquarters got megawatts from in 2016 that they have now budgeted 319,625,753 for “Electricity Charge” in 2017. Just so you know, the “Electricity Charge” for 2016 was put at 45,332,433.

The 2016 State House Headquarters budget for the “Rehabilitation/Repairs of Residential Buildings” was 642,568,122, while in 2017, I don’t know, but it looks like an enormous asteroid managed to hit and destroy the residential building at the State House Headquarters because what is budgeted for “Rehabilitation/Repairs of Residential Buildings” happens to be 5,625,752,757.

As usual, knowing that we have travelling President, 739,487,784 has been budgeted for “International Travel & Transport.” Last year only the Vice President budgeted for books. This year neither the President nor his Vice budgeted for it. Apparently, they’re tired of reading
.

Just like in last year’s budget, the entire capital budget for the National Emergency Management Agency is for the “Construction of Office Building,” all 374,473,456 of it.

The Economic and Financial Crimes Commission has budgeted 5,999,070,468 for the “Construction/Provision of Office Buildings.” In 2016 they spent 58,434,683 on that. If you do the math, that’s an increase of over 10,000% and qualifies as an economic and financial crime.

The Economic and Financial Crimes Commission also budgeted 230,536,000 for “Legal Services.” I don’t know if this is enough, but since they say it is; and as long as none of that amount goes to the case-bumbling, Twitter SAN, Festus Keyamo, no wahala.


In 2016 the EFCC budgeted 93,136,000 for “Motor Vehicles,” but since maybe the corruption they should be fighting has gotten faster, they have upped that to 455,000,000. So if you had a plan of running away from the EFCC, I am sorry, they will have almost half a billion Naira worth of cars to chase you with. It is a car race now you know.

There a line item in the EFCC budget that mentions the “Procurement and Upgrade of Microsoft Product Licences” which 142,237,198 was set aside for. This is as vague as something can get, and when it comes to corruptly enriching yourself, being vague is the best bet.

In 2016 3,260,000 was budgeted by the EFCC for the “Purchase of Photocopiers” while in the 2017 budget 13,755,000 is the magic number.


1,100,595,088 has been budgeted for the “Furnishing of the New Head Office” whose construction cost in the 2016 budget was put at 7,912,502,911. Now, guess what. There is a budget for the “Consultancy of the Head Office Project” and 244,727,624 is budgeted for it. I am sorry; you will have to guess what again. Let me not stress you, 4,583,616,838 is budgeted for the “Completion of Ongoing New Head Office Building Construction” which 7,912,502,911 was budgeted for in 2016, bringing the total to 12,496,119,749. For those of you that numbers scare, that is over twelve billion Naira for the construction of the EFCC new head office. If the budget for the “Furnishing” of same building is taken into consideration, it becomes almost fourteen billion Naira. That is the anti-corruption model; build a fourteen billion Naira edifice to scare corrupt individuals and firms.


The Bureau of Public Procurement has budgeted 52,957,485 for “Defence Software” and I find myself wondering when they became the Ministry of Defence. But things change, just like this government wants us to believe. I wish them a happy defence.

In the course of going through the 2107 budget, I noticed a significant change. There no longer existed a column to show the state of a project. Previous budgets had the “New” and “Ongoing” tags designated to line items, and it made it easier to understand or rather follow the money. We might not know, but that little omission, which I believe was on purpose, has the ability to make corrupt practices invisible.


The 2017 budget is beginning to look more like a poo-storm, but that shouldn’t be a problem because as you saw from the beginning, they started by budgeting generously for it.[/b]

We have come to the end of the first part of my budget analysis; hopefully the second part will have something better to offer us.

_________________________

Saatah Nubari is on Twitter @Saatah



http://newswirengr.com/2016/12/21/saatah-nubari-the-aso-rock-budget-that-deserves-your-attention-they-pay-rent-in-the-villa/

58 Likes 21 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by hotice01: 11:37pm On Dec 21, 2016
Wonderful piece!
And they claim to be fighting corruption!
This country will never develop until the high cost of governance is reduced to the nearest minimum.

This government is as corrupt as the past administration!
Nothing has changed except for the worse!

I'm afraid when this administration comes to a close,the level of corruption that will be uncovered and revealed will be mind blowing and devastating,if trends like this continue.

This budget should be tagged "Budget of wickedness,suffering and armed robbery!"

Seems our leaders have no empathy for the common man,only their selfish,wicked,greedy,power drunk and nefarious ambitions.

With this above analysis,the $30B loan should not be supported by any patriotic Nigerian who has genuine love for this nation.

As it stands now Nigeria is completely finished,if nothing is done about this evil trend and daylight robbery,Nigeria will be Finished completely!

I love my Country but I'm very ashamed of our leaders!

APC NL zombies will avoid this thread like a plague.
Sarrki(Oba of Zombies),Madridguy,Ngene......etc.

Cc: Seun,Lalasticlala,Mynd44

139 Likes 8 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by mykeljosef: 11:42pm On Dec 21, 2016
corruption is everywhere...
its eaten into the root of every single sector of Nigeria and Nigerians

26 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 11:44pm On Dec 21, 2016
hotice01:
Wonderful piece!
And they claim to be fighting corruption!
This country will never develop until the high cost of governance is reduced to the nearest minimum.
This government is as corrupt as the past administration!
Nothing has changed except for the worse!
I'm afraid when this administration comes to a close,the level of corruption that will be uncovered and revealed will be mind blowing and devastating,if trends like this continue.

Seems our leaders have no empathy for the common man,only their selfish,wicked,greedy,power drunk and nefarious ambitions.

With this above analysis,the $30B loan should not be supported by any patriotic Nigerian who has genuine love for this nation.

I love my Country but I'm very ashamed of our leaders!


Have it in mind, this is just the state house budget, we have not commenced the analysis of that of other MDA's o. A budget of #230M for prosecution but #14B and #140M for updating Microsoft OS for building, talk about wickedness and misplaced priorities.

Mods should push this to the FP to allow debate of the disastrous 2017 budget

54 Likes 2 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Jokerman(m): 11:45pm On Dec 21, 2016
Buhari the ineffectual thief... grin.... Using Islamic piety to loot....

57 Likes 4 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 11:48pm On Dec 21, 2016
I supported Buhari and had so much hope for this country but I saw the 2016 budget and wept, this is much worse, worse still he wants to mortgage the future of unborn and young Nigerians to finance this grand larceny... Impossible!!!

52 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Cletus77(m): 11:57pm On Dec 21, 2016
in simple words BUHARI IS NOT TRYING

25 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by luvinhubby(m): 11:57pm On Dec 21, 2016
2017 is going to be worse for Nigerians than 2016 from obvious indications.

The earlier Nigerians rise and revolt against this satanic APC regime led by Buhari, the earlier we salvage this country.

Buhari is an unrepentant thief.

48 Likes 3 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by hotice01: 11:59pm On Dec 21, 2016
gunther6:
I supported Buhari and had so much hope for this country but I saw the 2016 budget and wept, this is much worse, worse still he wants to mortgage the future of unborn and young Nigerians to finance this grand larceny... Impossible!!!
It seems members of this present administration are the real enemies of this country.
That's why most politicians fuel ethnic,political, tribalistic and religious strife and discord just to keep the populace distracted from the massive levels of corruption been perpetrated!

26 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 12:00am On Dec 22, 2016
Cletus77:
in simple words
BUHARI IS NOT TRYING

Buhari is a failure is more like it. Don't kid yourself, the level of graft did not reduce after Jonathan, it became silent, subterranean, virulent and active as ever..

51 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Mrbigman2: 12:02am On Dec 22, 2016
Baba went to do self padding.

He dnt want assistance.

Gathering his children and grand children retirement benefit since una no wan reason am second tenure

27 Likes 2 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 12:02am On Dec 22, 2016
hotice01:

It seems members of this present administration are the real enemies of this country.
That's why most politicians fuel ethnic,political, tribalistic and religious strife and discord just to keep the populace distracted from the massive levels of corruption been perpetrated!

We call ourselves Igbos, afonja and aboki online, you don't hear that kind of language where they are splitting the money in aso rock, the song you hear is one Nigeria...

60 Likes 9 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by PresidentAtiku: 12:07am On Dec 22, 2016
Coolfreeday, Sarki,Ngeneukwenu, Omenka and other radical islamic NL supporters of Buhari,your attention is needed. Distributors of hardship!

36 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by hotice01: 12:07am On Dec 22, 2016
gunther6:


We call ourselves Igbos, afonja and aboki online, you don't hear that kind of language where they are splitting the money in aso rock, the song you hear is one Nigeria...
That's the Truth!
Corruption knows no tribe,ethnicity,religion or political party.
Most people,especially on this forum are educated illiterates with very myopic views clouded by so much negativity.

34 Likes 3 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Cletus77(m): 12:08am On Dec 22, 2016
gunther6:


Buhari is a failure is more like it. Don't kid yourself, the level of graft did not reduce after Jonathan, it became silent, subterranean, virulent and active as ever..
i wanted 2say failure bt smthn kept retraining me to

1 Like

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 12:10am On Dec 22, 2016
Cletus77:

i wanted 2say failure bt smthn kept retraining me to

It took me 6 months into his regime to realise I don buy market

27 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by luvinhubby(m): 12:10am On Dec 22, 2016
gunther6:


We call ourselves Igbos, afonja and aboki online, you don't hear that kind of language where they are splitting the money in aso rock, the song you hear is one Nigeria...

God bless you my dear.

17 Likes 2 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Mujaheeeden: 12:11am On Dec 22, 2016
BuhAri is the biggest crook on mother earth

29 Likes 2 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 12:12am On Dec 22, 2016
hotice01:

That's the Truth!
Corruption knows no tribe,ethnicity,religion or political party.
Most people,especially on this forum are educated illiterates with very myopic views clouded by so much negativity.

Just the way the ruling class want it, to keep calling northerners abóki while Rochas keep travelling to Sokoto, Kebbi every other week to attend a fellow governors wedding or naming ceremony... We will learn.

13 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 12:18am On Dec 22, 2016
luvinhubby:


God bless you my dear.

God bless you too

8 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by ivandragon: 4:20am On Dec 22, 2016
well... this regime IS full of excreta hence the shitty budget...
no pun intended.

14 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Emekamex(m): 4:44am On Dec 22, 2016
No wonder the 2016 budget was hardly felt yet this stupid government is still increasing tax with nothing to show for it.

Lalasticlala FP please

26 Likes 1 Share

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by DrRasheed: 5:50am On Dec 22, 2016
Shut up.. The cost of goods in global market tripple that of 2015.
Moreso, i visit south africa,US all their budget is passed in mid year with high figures for their presidency.

2 Likes 2 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by rozayx5(m): 6:30am On Dec 22, 2016
mods frontpage please

seun lalasticlala help


this is serious armed robbery shocked shocked shocked

if that budget is scrutinized it wont pass 5 trillion,, 2 trillion alone is meant for pocketing cry

10 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Boleyndynasty2(f): 6:31am On Dec 22, 2016
Can anything good come out of Buhari's govt? undecided

12 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 6:54am On Dec 22, 2016
DrRasheed:
Shut up.. The cost of goods in global market tripple that of 2015.
Moreso, i visit south africa,US all their budget is passed in mid year with high figures for their presidency.

You sir are a mòron and I doubt you can be helped. When and how did global prices jump 300% in the global markets in FY 15-16. And do you think the US budget is this ogogoro budget you pass in this nonsense place, budget is serious work here in the US. I can't help you but a basic elementary economics textbook will but I have my doubts.

73 Likes 4 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by omowolewa: 7:05am On Dec 22, 2016
One thing is tha irrespective of our cries they will still pass am like that

3 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 7:26am On Dec 22, 2016
omowolewa:
One thing is tha irrespective of our cries they will still pass am like that

Sadly...

15 Likes 3 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Pavarottii(m): 7:34am On Dec 22, 2016
This is totally unacceptable. I can't phathom why 14billion will be used for construction of EFCC building; why they will budget more for cars in state house; and this is just d state house;

Nigerians pull up ur socks; and tie ur shoe laces; cos 2017, is gonna be a dog eat dog world.

This one they av started owing FG workers dis November; only God knows how next year will be.

My brothers wats d next line of solution to this apc and it's caricatures?

13 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by gunther6(m): 7:39am On Dec 22, 2016
Pavarottii:
This is totally unacceptable. I can phathom why 14billion will be used for construction of EFCC building; why they will budget more for cars in state house; and this is just d state house;

Nigeria pull up ur socks; and tie ur shoe laces; cos 2017, is gonna be a dog eat dog world.

14billiion for building and a measly #200m for prosecution of corruption cases, wonder why the cases never go anywhere except in the media...

11 Likes

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by demarc001: 7:40am On Dec 22, 2016
BEHOLD A GENIUS PRESIDENT THAT STARTED PRIMARY SCHOOL BEFORE CONCEPTION.

The 'Saint President Buhari celebrated his 74th
birthday over the weekend. Fellow Nigeria,
we had previously been made to
understand his WAEC Certificate
(WASC) was issued in 1953.
From 1953 to 2016 = 63, and 74 -
63 = 11.
My President was 11years old when
he obtained his WASC ?
This is SENSATIONAL
NATIONAL RECORD...
11 - 5 (Secondary school years) = 6,it means he finished his primary school at the age of 5years. In the Northern Region their primary school was SEVEN YEARS while the Southern primary school was SIX YEARS. BY IMPLICATION , PRESIDENT BUHARI STARTED HIS EDUCATIONAL PURSUIT TWO YEARS BEFORE HIS CONCEPTION. HAPPY BIRTHDAY, LONG LIVE APC.

(Forwarded as received)

59 Likes 10 Shares

Re: 2017 Budget: The Aso Rock Budget That Deserves Your Attention by Saatah Nubari by Shydon(m): 7:42am On Dec 22, 2016
To say that I am disappointed with Buhari-led administration is really an understatement. I cant see how they will get back on the right track; they keep on getting better at being crooks. It's futile to even have such thought if one would be realistic enough. It has just been business as usual. Who else should the common man turn to by 2019? Frankly speaking, they seem all the same to me; hypocrites! Only God can do it for us.

12 Likes

(1) (2) (3) (4) (5) (Reply)

Transformer Pole Loses Balance In Ikorodu (Photo) / Joe Igbokwe: IPOB Is A Fraud / Patience Jonathan's Resurrection Thanksgiving Party (Pictures)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (0) (1) (2) (3) (4) (5) (6) (7) (8) (9)

Nairaland - Copyright © 2005 - 2019 Oluwaseun Osewa. All rights reserved. See How To Advertise. 164
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.