For this change and kwaraption free government Chai !!!

Sule Lamifo on point !!!

Young achiever, receiving mummy's blessings!! his age is just forty years plus, him try! Even though I no gbadu his style of already having three wives at this age. The wives fine sha, and educated also.

Maybe they meant 7.9% abi na 0.79%

N3.6trn so far released
By Iyobosa Uwugiaren and Ndubuisi Francis in Abuja

The federal government disclosed yesterday that it had so far spent N3.577 trillion out of the full year’s budget of N6,060 trillion for the 2016 fiscal year which was signed in May.

This translates to a 79 per cent performance of the prorated budget for the three quarters up to September 30, 2016.


A statement released last night by Akpandem James, the Media Adviser to the Minister of Budget and National Planning, Senator Udoma Udo Udoma said in addition to the total of N2,439.9 trillion so far released for capital, Non-debt Recurrent and Service-wide vote expenditure, a total of N1,137.7 trillion had also been paid out in domestic and foreign debt service expenditure.

This, he said, included N44 billion transferred to the Sinking Fund to retire maturing obligations on bonds issued to contractors.

“To date, budgeted personnel cost and debt service obligations have been fully met on schedule.

“Additionally, government has done reasonably well in the challenging circumstances with respect to capital expenditures. It is noteworthy that the total amount of N753.6bn already released for capital expenditure in 2016 is the highest in the nation’s recent history, even in the era of high oil prices.

“Indeed, the capital releases to date exceed the aggregate capital expenditure budget for 2015 of N700 billion, inclusive of capital expenditure in Statutory Transfers,” the statement said.

At an interactive session with members of the Senate Committee on Appropriation in Abuja on Thursday, Udoma, had said that in spite of the shortfall in revenue expectations, government was committed to its debt obligations and had also made efforts in funding the critical sectors to enable government function smoothly, while seeking lasting solutions to revenue shortfalls.

He explained that although the 2016 Budget was well conceived, with reasonably conservative benchmarks, it recorded unanticipated revenue shortfalls along the line due to militants’ activities in the oil-producing Niger Delta region, a development, he said, seriously affected the budgeted production levels for the fiscal year.

He added that government adopted a targeted approach with respect to capital expenditure to ensure that releases are consistently made to those sectors whose activities have the capacity of driving economic growth and fostering job creation.

The minister pointed out that all the releases had been cash-backed.http://www.thisdaylive.com/index.php/2016/10/29/2016-budget-has-recorded-79-performance-says-fg/

PapaBrowne:
It is finished!!
The country is officially killed. Buhari has done it.

9.6 trillion Naira loan.

[size=13pt]
Before we even start discussing, I have just 7 questions.[/size]

1)Where is all the Subsidy savings?? Jonathan was said to have been paying hundreds of billions on subsidy.In 2013. There is supposed to be no more subsidy since the new price of N145. So where are all the subsidy savings?

2) Where is all the corruption savings? Since the previous government is accused of being terribly corrupt, and it is said that this government is corruption free, where are all the savings that should accrue from the new corruption free system?

3) Where is all the recovered loot? Why are we borrowing $10billion for reccurents when the government has boasted of recovered funds of $9 billion?

4) Where is all that 3 Trillion said to be locked up in the TSA account. Abi is the account under lock and key?

5) This government has borrowed N2.2 Trillion in the last one year. Where is that money, what was it used for and who was it given to.

6) The N9.6 Trillion in question, who are you borrowing it from. What are you using as surety. You aren't even certain anybody will give that money so why are you making plans deceiving yourself about it?

7) Finally, what the heck is your payment plan. Already we are paying almost 1 trillion for debt servicing on the meagre debt we have. If you add a gargantuan 9.6 Trillion, who is going today for that?

Buhari doesn't care because when the country crumbles he'll be too old or gone to face the consequences.

My gut feeling tells me the greatest heist in the history of Nigeria is currently going on right now under our very nostrils and except we start asking the right questions, we would not have a country to call ours in a few years from now.

well said

MORNDEW:

And he released your metuh and kept Daisuke in detention. Oh I forgot Dasuki is your own and not fulani. Sense is not common truly.

and METUH who was accused of stealing 400MILLION NAIRA was always in court court in black Marian pick up van and HAND CUFFS while DASUKI accused of embezzling I've 2BILLION DOLLARS goes to court in an AC bus with NO HAND CUFFS.

RIP DEMOCRACY

Its only for commercial vehicles for now. The good news is that the enforcement is now ADVISORY, FULL ENFORCEMENT STARTS FEBRUARY 2017. You may wish to confirm this latest update from any FRSC personnel nearby. Them no wan publicize this latest info

Do what I say but don't do what I do

RIP dear child

The have right of way in Nigeria abi na Zoogeria sef. SMH . Asokoro junction.

Karma

So touching, God bless her

Even though the attack is less, but the winning is more of a media one

Is Baba Iyabo trying to wail ?

Abeg PDP no talk too much oh, Zombies find it very inspiring

How has the already recovered loots in billions of dollars (as claimed by the zombies ) reduced the hardship on nigerians ? Economic failure glaring

Nigeria my country

The achievements plenty

SMH

LastMumu:
and he has a reason for being powerless to save his other worshippers in the accident. Yeah right.

Take am easy oh , even though your name says it all.

Joy thank God for your life. He has a reason for saving your life, keep on praising him dear

LastMumu:
No one should thank any _fucking god for her live, if the god has any power has claimed by you folks, he should have prevented the accident from happening in the first place or try save the lives of the 18 other Christians that perished in the bus.

The real unsung heroes here are the medical staff that have sacrificed hours and efforts to ensure Joy comes out of coma. The hero who deserves our praise is the emergency agency/person that ensured Joy the needed medical attention on time before we lost her to the hands of death. Those are the ones who deserve our praise, not some powerless non-existent and useless god no where that you folks fool yourself with.

Another one from Lie Mohammed

Rocket scientist >:, Governance in Nigeria no be beans oh

Chain !!! No wonder, truly we 'be been scammed

I dey laugh oh

Patiently waiting oh

Surely he will deny

Baba let the production process begin please

No sauce? Abi na tomato Ebola cause am?

The man don tire true true. It is not as easy as he thought.

makzeze:
It is their turn. You can go and hug a transformer.

and then wetin go come happen

He will surely deny