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2018 Proposed Budget In Summary! - Politics - Nairaland

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2018 Proposed Budget In Summary! by Breakingberry: 5:36pm On Nov 07, 2017
You need not look forward to reading the lengthy 'book'.
We have obtained a summary from BudgIT.
For more, please like our page: https://www.facebook.com/BreakingBerry/

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Re: 2018 Proposed Budget In Summary! by baralatie(m): 5:45pm On Nov 07, 2017
PMB has poor economic team as far as economy is concerned

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Re: 2018 Proposed Budget In Summary! by Celcius: 5:46pm On Nov 07, 2017
Hmmmm.... we borrowing 2 trillion and still paying 2 trillion for debt servicing, which is just about the amount for Capital expenditure.
What a circle.

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Re: 2018 Proposed Budget In Summary! by Breakingberry: 5:47pm On Nov 07, 2017
You did your maths well.

Celcius:
Hmmmm.... we borrowing 2 trillion and still paying 2 trillion for debt servicing, which is the amount for Capital expenditure.

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Re: 2018 Proposed Budget In Summary! by Celcius: 5:53pm On Nov 07, 2017
Breakingberry:
You did your maths well.

Truth be told, this time they have done well on Capital expenditure. Better than previous administrations. This could also be an indictment on this government. In 2015 GEJ presented about N700bn on Capital and we saw a little infrastructure, even Fashola had to say he worked more roads and even rails than any previous president. With about 2trillion we need to see more.

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Re: 2018 Proposed Budget In Summary! by Breakingberry: 5:57pm On Nov 07, 2017
Celcius:

Truth be told, this time they have done well on Capital expenditure. Better than previous administrations.

We also should note that debt servicing is different from paying the actual debt so the debt will now be on the increase.

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Re: 2018 Proposed Budget In Summary! by Realist2: 5:58pm On Nov 07, 2017
Buhari will still Northernized this budget because everything about Buhari is Northernization.

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Re: 2018 Proposed Budget In Summary! by baralatie(m): 6:01pm On Nov 07, 2017
Celcius:

Truth be told, this time they have done well on Capital expenditure. Better than previous administrations.
you don't it.the capital expenditure won't work!
the reason for lifting the last budget from 4.4 to 6.6 was to cater for expenditure. but that did not work then jacked to 7. it is currently underperforming now it is 8.6 on the basis of generating 6 trn as in revenue of which oil is 2.4 haba
capita will take a hit

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Re: 2018 Proposed Budget In Summary! by clevvermind(m): 6:04pm On Nov 07, 2017
baralatie:
PMB has poor economic team as far as economy is concerned
WHAT ARE YOU EXPECTING FROM THE DULLARD BEFORE?

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Re: 2018 Proposed Budget In Summary! by Jesusloveyou: 6:04pm On Nov 07, 2017
What an end time budget

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Re: 2018 Proposed Budget In Summary! by Jesusloveyou: 6:07pm On Nov 07, 2017
clevvermind:
WHAT ARE YOU EXPECTING FROM THE DULLARD BEFORE?
the economy is expanding and we need to be fully out of recession, hence, this consolidated budget

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Re: 2018 Proposed Budget In Summary! by Celcius: 6:11pm On Nov 07, 2017
Breakingberry:


We also should note that debt servicing is different from paying the actual debt so the debt will now be on the increase.
Yes na...that's why its called debt servicing. You paying part of the debt and interests.
God help us.
The country is not even safe to attract substantial and quality FDI to ease the load of government, even the politician take their Investment to other climes. FG is celebrating World Bank ranking in ease of doing business. What's the point when investors will think twice before coming here.

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Re: 2018 Proposed Budget In Summary! by Breakingberry: 6:14pm On Nov 07, 2017
Celcius:

Yes na...that's why its called debt servicing. You paying part of the debt and interests.
God help us.
The country is not even safe to attract substantial and quality FDI to ease the load of government, even the politician take their Investment to other climes. FG is celebrating World Bank ranking in ease of doing business. What's the point when investors will think twice before coming here.

Don't you think that without sentiments, the presidency needs to do a total overhaul of those serving the board. Two years now and we are not certain the path we are headed. Two years of over N15tn budget and the effect is not much appreciated.

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Re: 2018 Proposed Budget In Summary! by cogbuagu: 6:44pm On Nov 07, 2017
Ok
Re: 2018 Proposed Budget In Summary! by snnaija(f): 6:44pm On Nov 07, 2017
I just pray that when this fund is released it will not be diverted


anyways for your concert, events ticket sales and purchase of your movie tickets visit www.ticketlander.com
Re: 2018 Proposed Budget In Summary! by VcStunner(m): 6:44pm On Nov 07, 2017
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Re: 2018 Proposed Budget In Summary! by NwaIgboBoy(m): 6:45pm On Nov 07, 2017
Radio nigeria uplifting the north and uniting curuption........I HATE NIGERIA!!!

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Re: 2018 Proposed Budget In Summary! by Pavore9: 6:46pm On Nov 07, 2017
Yawns....
Re: 2018 Proposed Budget In Summary! by obaataaokpaewu: 6:47pm On Nov 07, 2017
Like play like play, dem Don use this Budget presentation distract us from Maina's case. They will keep talking about this budget till a scandal(budget padding et al) is discovered out of it and they will dump it and seek for another distraction

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Re: 2018 Proposed Budget In Summary! by johnlegend01: 6:47pm On Nov 07, 2017
I read the lengthy book just before coming on here. I must say a number of things impressed me while some others either confused me or made me sad. Overall, I expect a better future. The foundation for a better tomorrow is being planned for but devils in this country do not want. I hope things turn out well.
God bless and help Nigeria.

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Re: 2018 Proposed Budget In Summary! by tolexy007(m): 6:47pm On Nov 07, 2017
budget of the North...

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Re: 2018 Proposed Budget In Summary! by iluvdonjazzy: 6:47pm On Nov 07, 2017
capital expenditure should not be more than 1trillion, if well managed we will see d impact, d trillions for capital in 2015 2016 2017, uptil now we are still looking for d impact.

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Re: 2018 Proposed Budget In Summary! by awa(m): 6:48pm On Nov 07, 2017
Nonsense

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Re: 2018 Proposed Budget In Summary! by NigerDeltan(m): 6:48pm On Nov 07, 2017
cheesy grin

Why not present a budget of 6.5tr ?

Why bring deficit again?

Nigerians ehn!

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Re: 2018 Proposed Budget In Summary! by nairavsdollars(f): 6:49pm On Nov 07, 2017
Even Buhari sef no understand any content of this budget

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Re: 2018 Proposed Budget In Summary! by ALMUSTAQIM(m): 6:49pm On Nov 07, 2017
#PMB1523

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Re: 2018 Proposed Budget In Summary! by Daniel058(m): 6:49pm On Nov 07, 2017
This world self, even some people who sang it like the latest rap from olamide and PHYNO " that Buhari is DEAD" are no longer alive to see, hear or read about about THIS ... BUHARI IS ALIVE AND WILL RULE NIGERIA TILL THE END OF HIS SECOND TENURE..

Nwanne oburu na Chi gi mu Anya, there is no situation you can not survive.

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Re: 2018 Proposed Budget In Summary! by chloride6: 6:49pm On Nov 07, 2017
Did I just see 4 trillion non oil revenue?

grin

I will shave my beards and glue them to my balls if they make 2.5 trillion non oil revenue.

Customs Will Make 1.3 trillion last last. FIRS can not make more than 600 billion non oil revenue. NPA will make maybe 350 billion.

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Re: 2018 Proposed Budget In Summary! by Nobody: 6:49pm On Nov 07, 2017
So agriculture would fund the budget
Re: 2018 Proposed Budget In Summary! by la1(m): 6:49pm On Nov 07, 2017
lets await the breakdown...the summary appears balanced so far

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