Karleone's Posts
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The National Assembly yesterday raised concern about the implementation of the N500 billion special intervention fund, a cardinal programme of the Buhari administration. The lawmakers were categorical that though the plan by the Federal Government to spend N500 billion on vulnerable Nigerians is laudable, its implementation will pose problems. Chairman, Senate Committee on Appropriation, Senator Mohammed Danjuma Goje, who raised the issue suggested the suspension of the plan in this year’s budget. Goje spoke at a joint session of the Senate and House of Representatives Committee on Appropriation meeting with Minister of Budget and National Planning, Senator Udoma Udo Udoma, Finance Minister Kemi Adeosun and top officials of the Central Bank of Nigeria (CBN). Goje noted that the meeting became necessary because members of the National Assembly had given March 17th deadline to pass the budget. He said that Udo-Udoma, Adeosun and others were invited to get their final input before the budget is passed. He also said the lawmakers want to pass an implementable budget. He said the N500 billion special intervention fund’s implementation is not clearly stated in the budget. Goje, an APC senator from Gombe and a former governor of the state on Peoples Democratic Party (PDP) platform, said how would the beneficiaries of the programme be selected. He added that there was no doubt that it would turn into a political jamboree for political office holders. Goje who noted that market women were listed as part of those who would benefit from the fund wondered how market women would be selected. He said that in his home state of Gombe, there are no market women but market men. The lawmaker also declared the school feeding initiative planned by the government as un-implementable. Insisting that school feeding programme is largely unsustainable. He wondered how billions of naira would be spent on feeding pupils when most of them study under trees due to lack of class rooms. The government, he said, should take a second look at the programmes, fine tune them and leave the implementation for the 2017 fiscal year. But Udo- Udoma said the programmes were political promises that should be implemented in the interest of the people. The minister added that he would take back the concerns raised by the lawmakers to the government. He said the programmes were commitments that must be done. On recovered funds, Udoma said only established recovered funds could be put in the budget. He denied knowledge of a circular directing MDAs to implement only the budget as presented by President Muhammadu Buhari saying “I don’t think that the National Assembly will give us back the budget the way it came.” Udo-Udoma also insisted that the template of the 2016 budget is zero budgeting. He added however that “zero budgeting does not mean that we don’t have a limit.” The minister admitted that the implementation of the budget would be difficult especially with falling oil price in the international market. He noted that though the price of oil is dwindling, the cost of production remained the same, describing the development as a major challenge. Udoma told the lawmakers not to increase the size of the budget in order not to make its implementation more difficult. On the sources of funding the budget, he said the government planned to borrow N1.8 trillion half of which would be foreign loan. He said the government was now being forced to look inward to raise funds to implement the budget. The minister said the government is expecting more revenue from non oil sector of the economy including broadening the tax base. On oil benchmark of $38 pb, he said that benchmark will still be retained despite falling oil price. The benchmark, he said, was arrived at after wide consultation. He said that the personnel cost component of the budget is another major challenge for the government. He noted that though government does not plan to retrench workers, “Government is trying to use technology to ensure that salaries actually go to people who are working. Mrs Adeosun spoke on how to fund the budget. The minister told the lawmakers that independently- generated revenue would largely be used to fund the budget. She noted that cost-saving would be another means to fund the budget. The lawmakers also drew Udo-Udoma’s attention to the concern of some Civil Society Organisations of about N668 billion frivolous provisions in the budget. Source: http://thenationonlineng.net/national-assembly-to-buhari-drop-n500b-intervention-fund-from-budget-2016/ Cc: Lalasticlala |
ksstroud:Shey na Strict kredibility? |
ksstroud:Just when you think that some monikers don't exist you see them popping out.. Oga Pankere, I hail o. |
Sunnypar:Your message seems incomplete. What are we applying for? To whom are we applying? Please do the needful. |
Jazmiynne:Hahahaha.. Just go back to your sleep, when it gets to 999 I'll inform you. |
Jazmiynne:Welcome small |
Jazmiynne:I hope you're not thinking that after 899 is 1000? |
Happy Birthday CaroLyner my Leap Baby.. More blessings!! Keep my Leap Year cake o..shey you know saay na till 2020 I go fit chop another one ![]() #BeautyMadefromGold Can't wait for July 4th |
Abimbex007:Tell him jor Except he's indirectly referring to US as t*uts |
Abimbex007:#Received **chop knuckle jor** You be beta pikin |
amicable09:Hehehe.. Dis in-law will not kee me o.. Shey you're looking for who to send to early suicide? Don't worry, I and my people are making great plans toward fulfilling the rites. Before that, Abimbex will give you an envelop I asked her to deliver to you. You'll have to manage the little in it o..shey you know dat Naira is on a free fall and cost of importation is on the high nau. As for the Karl-Abimbex togetherness thing, na for inside bar we dey o. We just de drink over our yesterday win. Even her papa see us sef. I be due procex person o, so no need to be scared of me running away with her. |
Abimbex007:That's the spirit. Sombori shud nt be jealous o #Jazmiynne n #ProudOlodo, as una go AWOL eh, just know that you're surely remembered |
amicable09:Envy kwa? That word does not exist in my Karoleaneupheticus Dictionary o... You can kwontinu the missing o. I sha know that I'm not left out. Karl n Abimbex singing Blue is d color, winning is our dream Long live the Landers and joy fill our home #TrueBlues |
Abimbex007:Me nko? |
ksstroud:Better person, I sight you. Wish you same |
Dahveydson:Abimba must hear this |
Bekeey:Sorry for digressing. Plea has been noted. Any news? |
TheRealAdonye:Thanks. I will go and check it out. ****modified**** Correction noted. Once again, thank you |
TheRealAdonye:I checked it on Google before quoting you. They have an annex in Chief Yusuf Abiodun Way, Oniru Estate, VI and another office in Plot 252E Muri Okunola Streetn VI. I'm actually not sure o.. Writing based n what Google provided. |
TheRealAdonye:I think it's the location of PWC office in Lagos |
ugonna1054:Go and ask lala.sticlala d name of his "crappy" school. I don see you wey go Uncrappy school. Mtchewwww!!!! Don't you ever mention me when next you want to ask this useless question. |
abimbawealth:Abi? Part of the things you see in faceless forums like NL. That prayer is necessary o.. No time to trust all dis Nairalanders sef. |
amicable09:Thanks. D same way I'll tell my kids of Amicable when they ask, 'Dad, who's dis Amicable you kept mentioning when you were in Nairaland?" ![]() |
Donbrig:OP, kindly pack up and return to your Native country jor. What makes you think that marrying a Second wife will help protect/cater for the investment? If you're not ready to come back home, kindly PM me so we can discuss on how to work out a plan. Note: if las las ur wifey com know say you keep anoda woman for naija eh, na hot water she go pour u be dat o. |
Bia dis OP, next time you put "see pix" and you end up not putting it, I will kpafuka your head. Don't you know that some peeps open some threads simply because there are pix attached? Apply caution o |
lalasticlallla:I don't even need to look @ your moniker twice or even click on it to tell that you're a newbie. I know saay you dey crush on our guy Lala.. Oya talk true, why de triple L? Welcome to Nairaland. |
abimbawealth:Abeg o! Make e no dey o.. I fit cannor attest for you o.. I still cannot believe dat yeye tori. How on earth can someone come on a forum like dis to announce ![]() I just pity those prescribing abortion drugs and techniques to him. It really shows what they can go far to do in life when faced with such situation(s). Prayer: O Lord, let the Angel that I will call my wife have that God fearing spirit as to not tow the path of evil and hate. |
abimbawealth:Speaking from experience? |
I actually do not believe this tori but... My $1 talk: Why choose to murder this precious soul? You never can tell what you're carrying in there and all you care about is yourself and the shame it will cause you. Just for the sake of some minutes/hours 'enjoyment' you fell for this sin of fornication and here you are seeking for counseling. Bear the shame you think the pregnancy will cause and deliver that child. Assuming you asked me before making that journey, I would have advised you but now it's too late. PS: If I was the one in you state, I'd rather bear the sufferings of one sin than let two come upon me. |
amicable09:Na my before before classmate o. Never thot I'd see him here one day o.. #NL taking you back to old pals |
anochuks08:Hehehehe.. You got it right. How far? E don tey o |
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