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Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details - Politics - Nairaland

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Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by emassflourish(m): 12:20pm On Dec 22, 2016
[img]https://1.bp..com/-YrhmDFoFc64/WFuzJwC5gXI/AAAAAAAAGV0/KkXY5vZKUyAshjLBX0w4ne7Zg5y7bJrXwCLcB/s320/buhari%2Bbudget.jpg[/img]

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.

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.

source: http://www.villaboot.com.ng/2016/12/big-fraud-in-buharis-2017-national.html

9 Likes 2 Shares

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by DaBullIT(m): 12:33pm On Dec 22, 2016
Explain those frauds

2 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by okosodo: 12:35pm On Dec 22, 2016
The guys running the country now are really unitelligent

7 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by cyberguy72(m): 12:59pm On Dec 22, 2016
okosodo:
The guys running the country now are really unitelligent
Dullards to the core

4 Likes 1 Share

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by tundafayaBuhari: 2:10pm On Dec 22, 2016
Buhari is a big fraud. He wants to take share of the national cake. During the campaign, he was poorest amongst his gang according to him because that man can lie. No wonder he said that liar Mohamed is his best minister and his best friend

6 Likes 1 Share

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Naijboyzz: 2:21pm On Dec 22, 2016
tundafayaBuhari:
Buhari is a big fraud. He wants to take share of the national cake. During the campaign, he was poorest amongst his gang according to him because that man can lie. No wonder he said that liar Mohamed is his best minister and his best friend
True Point Indeed.

4 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by ALMUSTAQIM(m): 2:26pm On Dec 22, 2016
OP,
WHERE EXACTLY ARE THE FRAUDS
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Bitterleafsoup: 3:00pm On Dec 22, 2016
ALMUSTAQIM:
OP,

WHERE EXACTLY ARE THE FRAUDS

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 12,496,119,749.1,100,595,088 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.


You don't see fraud anywhere in that paragraph?

5 Likes 1 Share

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Bitterleafsoup: 3:05pm On Dec 22, 2016
DaBullIT:
Explain those frauds
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.

Okay let us do the easy one.
You used over 3 million to buy photo copier in 2016 in 2017 now it is over 13 million. Did you need further explanation?

8 Likes 1 Share

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Popogri: 3:14pm On Dec 22, 2016
I don't know the sin we have committed in this country for God to impose this government on us. Baba God, we are sorry, take us out of this poo cry

4 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Naijboyzz: 3:49pm On Dec 22, 2016
I Agree with your Opinion.

Bitterleafsoup:

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.

Okay let us do the easy one.
You used over 3 million to buy photo copier in 2016 in 2017 now it is over 13 million. Did you need further explanation?

2 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by ChimaAdeoye: 3:57pm On Dec 22, 2016

Op, thank you for highlighting what "Mr. integrity" budgeted for himself.

Buhari is simply concerned about enjoying himself and living like an emperor even if Nigerians are dying in from hunger and abject poverty.

All those fake austere lifestyle mantra he was trying to portray during elections are mere deceit.

2 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by DaBullIT(m): 4:23pm On Dec 22, 2016
Bitterleafsoup:

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.

Okay let us do the easy one.
You used over 3 million to buy photo copier in 2016 in 2017 now it is over 13 million. Did you need further explanation?


Have you asked yourself the type of Copiers they will be buying , the number of copiers they will buy or how many EFCC offices / Branches will get those copiers ? I HAVE priced a copier once before and it's nothing less than 800k , It has scanners and all the shhhyyyt you need , even the copy you produce is nothing short of original by some standards, Factor in the fact that price of everything has increased due to Forex scarcity but if i keep explaining this , You will say i am defending budget of corruption all because your mind is already made up

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Uchexxy(m): 4:25pm On Dec 22, 2016
una never see nothing for this country so. person wait patiently for 12yrs for a single target and u want him to put your interest at heart first.........my broda u need help if u expected better

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Naijboyzz: 4:28pm On Dec 22, 2016
That Is True

ChimaAdeoye:

Op, thank you for highlighting what "Mr. integrity" budgeted for himself.

Buhari is simply concerned about enjoying himself and living like an emperor even if Nigerians are dying in from hunger and abject poverty.

All those fake austere lifestyle mantra he was trying to portray during elections are mere deceit.

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Nobody: 5:13pm On Dec 22, 2016
I am watching keenly. I can only pray that God will make my case different when the consequences of this budget will come.

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by WizBLANCE(m): 5:19pm On Dec 22, 2016
IF YOU UNDERSTAND THIS POST HELP A HANDICAPPED NIGERIAN... I am not understanding.

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by ivandragon: 6:39pm On Dec 22, 2016
I can see some people have started 'earning their share' of the N180m allocated for social media influencers as stipulated in the 2017 budget...

6 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by dazdilijae(m): 9:17pm On Dec 22, 2016
DaBullIT:



Have you asked yourself the type of Copiers they will be buying , the number of copiers they will buy or how many EFCC offices / Branches will get those copiers ? I HAVE priced a copier once before and it's nothing less than 800k , It has scanners and all the shhhyyyt you need , even the copy you produce is nothing short of original by some standards, Factor in the fact that price of everything has increased due to Forex scarcity but if i keep explaining this , You will say i am defending budget of corruption all because your mind is already made up

as u no wan get d drift make i explain am for u
Photocopier is nt disposable its not paper that you consume
you dont buy the same machine every year unless its corruption
who take the one them buy for 2016
CAPISH?

11 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Blue3k(m): 10:18pm On Dec 22, 2016
Wow this is odd.

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by Arjeeni: 1:30am On Dec 23, 2016
The Op is also a fraud.

Let them be, only you get brain to deduce the fraud in the budget abi, the senators and reps are all vast asleep se.

I don't think we can get it right in this country if all we good for is rebuking our leaders, letus support them in prayers and ask God to guide them aright not rebuking them all the time.

Op you can't make a difference either, you have a representative among them who went there to translate into actions what your area use to be. So who are you to judge anybody?

God bless Nigeria. God bless Baba Buhari.
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by freeze001(f): 2:52am On Dec 23, 2016
DaBullIT:



Have you asked yourself the type of Copiers they will be buying , the number of copiers they will buy or how many EFCC offices / Branches will get those copiers ? I HAVE priced a copier once before and it's nothing less than 800k , It has scanners and all the shhhyyyt you need , even the copy you produce is nothing short of original by some standards, Factor in the fact that price of everything has increased due to Forex scarcity but if i keep explaining this , You will say i am defending budget of corruption all because your mind is already made up

And that copier expires after every one year in time for a new budgetary allocation or it just got produced and will be released into the market in 2017 so of course it wasn't purchased this year right?
While we're at it can u please explain the state house residential rent? Who owns the State House? It's bad enough that it ever featured but rather than expunge it, the amazing CHANGE has increased it both in 2016 & 2017.
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.

3 Likes

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by profhezekiah: 3:16am On Dec 23, 2016
[bros can U kindly explain what U av read n where d fraud is, or U rushed to comment to show ur angered embittered heart
okosodo:
The guys running the country now are really unitelligent
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by andersonbaba(f): 6:19am On Dec 23, 2016
N
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by princemillla(m): 7:01am On Dec 23, 2016
This post already exists on nairaland. Op why repost someone else's write up on same forum. Don't you consider that a corruption on your side too?

That's where the issue starts from, change seriously need to start with individuals.

The post was originally posted by one saata Nubari


gunther6:


_________________________

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/

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by luvinhubby(m): 7:06am On Dec 23, 2016
Arjeeni:
The Op is also a fraud.

Let them be, only you get brain to deduce the fraud in the budget abi, the senators and reps are all vast asleep se.

I don't think we can get it right in this country if all we good for is rebuking our leaders, letus support them in prayers and ask God to guide them aright not rebuking them all the time.

Op you can't make a difference either, you have a representative among them who went there to translate into actions what your area use to be. So who are you to judge anybody?

God bless Nigeria. God bless Baba Buhari.

Did you even read what you typed ?

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by DaBullIT(m): 7:08am On Dec 23, 2016
State house belongs to the state / Country , the fac that you are a governor or president doesn't mean you own the Aso Villa, it belongs to Nigeria and Nigerians , you are just renting the apartment to live there and the cost of maintenance , e.t.c is paid to the coffers of the government

freeze001:


And that copier expires after every one year in time for a new budgetary allocation or it just got produced and will be released into the market in 2017 so of course it wasn't purchased this year right?
While we're at it can u please explain the state house residential rent? Who owns the State House? It's bad enough that it ever featured but rather than expunge it, the amazing CHANGE has increased it both in 2016 & 2017.
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by freeze001(f): 7:26am On Dec 23, 2016
DaBullIT:
State house belongs to the state / Country , the fac that you are a governor or president doesn't mean you own the Aso Villa, it belongs to Nigeria and Nigerians , you are just renting the apartment to live there and the cost of maintenance , e.t.c is paid to the coffers of the government


From the coffers of the government to the same coffers of government? How do you pay yourself to use your own stuff? Did u quite read out this explanation to hear yourself? Is it the occupants that pay money out of their salaries and allowances as rent to the state?

The state already caters for the occupants including accommodation, that is why u have perennial upgrade and construction featuring in our budgets, money is drawn from public coffers for those purposes, the propriety or otherwise of which I will not go into, so how the hell do they take money out of the sane coffers to be paid back as rent? You mean that at the end of every fiscal year there is an inflow marked/retired as 'residential rent' after that same out is budgeted to be paid out to God knows who? Does this explanation u made actually make sense to you? shocked

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by emassflourish(m): 7:27am On Dec 23, 2016
profhezekiah:
[bros can U kindly explain what U av read n where d fraud is, or U rushed to comment to show ur angered embittered heart
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by lazeal: 7:34am On Dec 23, 2016
DaBullIT:



Have you asked yourself the type of Copiers they will be buying , the number of copiers they will buy or how many EFCC offices / Branches will get those copiers ? I HAVE priced a copier once before and it's nothing less than 800k , It has scanners and all the shhhyyyt you need , even the copy you produce is nothing short of original by some standards, Factor in the fact that price of everything has increased due to Forex scarcity but if i keep explaining this , You will say i am defending budget of corruption all because your mind is already made up

Mr man, shut it please. What happened to previous ones that were bought. Or is that how your change your own electronic gadgets in your house?

1 Like

Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by DaBullIT(m): 7:41am On Dec 23, 2016
Because you use one photocopier to run your business for 5 years doesn't mean FG has to , besides that there's always FG's auction of used items , do you catch the drift now ?
dazdilijae:


as u no wan get d drift make i explain am for u
Photocopier is nt disposable its not paper that you consume
you dont buy the same machine every year unless its corruption
who take the one them buy for 2016
CAPISH?
Re: Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details by DaBullIT(m): 7:52am On Dec 23, 2016
Hey goat

I am me , Not FG , i have limited funds as such in order not to appear wasteful in a society of stereotypes , i repair my electronics , not sell them and buy others because even if i can afford new ones every month, I have not seen , watch or heard JayZ buying new guitars or instruments every year , so i can not do what FG does , but i can tell you it's too early to be stupid

lazeal:


Mr man, shut it please. What happened to previous ones that were bought. Or is that how your change your own electronic gadgets in your house?

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