House Signs N4.493tn Budget - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › House Signs N4.493tn Budget (1096 Views)
| House Signs N4.493tn Budget by teeebugs(op): 6:38am On Apr 24, 2015 |
After months of debates over technical and fiscal difficulties, the House of Representatives on Thursday passed the sum of N4.493 trillion budget for the year 2015 fiscal year. The budget is an increase of N135.4 billion over what was proposed by the Executive in November 2014. The report of the budget, which was adopted, was laid on Wednesday by the chairman, Committee on Appropriations, John Owan Enoh (PDP, Cross River). Education got the highest allocation of N392,242,784,654 followed by Defence/MOD/Army/Air Force/Navy with N326,697,219,431 and Police formation and Commands with N303,822,224,611 while the sum of N236,975,742,847 is for Health sector. The breakdown shows that out of the sum of N152,999,047,466, N69,423,427,479 is for Youth Development; N62,226,771,999 is for office of the National Security Adviser; N58,293,428,177 is for Petroleum Resources; N48,299,630,506 is for Secretary to the Government of the Federation ; N41,688,372,171 is for Foreign Affairs while N31,871,341,597 is for Agriculture and Rural Development. The sums of N26,593,880,816 is for Science and Technology; N25,177,777,661 is for Works; N23,695,474,427 is for Information; N20,085,865,120 is for Presidency; N18,118,392,153 is for Tourism, Culture and National Orientation; N15,602,574,341 is for Environment; N10,978,094,393 is for Trade and Investment while N10,597,851,549 is for Communication Technology. Read full breakdown http://monitor9ja.com/2015/04/house-signs-n4-493tn-budget/ |
| Re: House Signs N4.493tn Budget by efilefun(m): 6:40am On Apr 24, 2015 |
Imagine GEJ campaigned with half of that..... this country would have been an history if he had won that 2nd term 1 Like |
| Re: House Signs N4.493tn Budget by PassingShot(m): 6:58am On Apr 24, 2015 |
This budget needs to be reversed. A budget where about 90% is for recurrent expenses isn't a good budget. I advise GMB to quickly implement many recommendations of Orosanye's report on streamlining FG parastatals by scrapping and merging those seen as duplicates. In this way a lot of recurrent expenses will be available for more capital projects and also block some leakages. Imagine a budget of only N27 billion for science and technology and N25 for works! GEJ's regime was a complete error. Thank God he will soon be history. 3 Likes |
| Re: House Signs N4.493tn Budget by Nobody: 7:16am On Apr 24, 2015 |
efilefun:You believed that crap! Please go to school mate and educate yourself. Stop showing your folly everywhere. You know wetin be 2 trillion naira? The way you people believe stories is astonishing to say the least. You hear say India win Nigeria 100:1 some years ago? You still believe "Thunder Balogun, remember your left leg"?  |
| Re: House Signs N4.493tn Budget by efilefun(m): 7:24am On Apr 24, 2015 |
calebo101:you the one who needs to be enlightened, what is the position of the media  This shit was reported in almost all newspapers and nobody from the presidential team has come out to reject the news... Not even abati. So if you don't have anything meaningful to say next time don't quote me |
| Re: House Signs N4.493tn Budget by Sweetguy25: 7:31am On Apr 24, 2015 |
efilefun:You talk like a sedated monkey. Didn't you read that Abati disclaimed the rumor? People like you with walnut brains believe everything they read. |
| Re: House Signs N4.493tn Budget by Pavore9: 7:31am On Apr 24, 2015 |
At the end of the day, nothing to show for this huge amount!  |
| Re: House Signs N4.493tn Budget by efilefun(m): 7:36am On Apr 24, 2015 |
Sweetguy25:
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| Re: House Signs N4.493tn Budget by Nobody: 7:48am On Apr 24, 2015 |
efilefun:So if anything is reported in the media it becomes true right? The fact that you can not reason and think critically on your own is what astonishes me. Tell me what is your level of education? How do you analyse situations? Do you just believe all the propaganda without thinking it true? Well you are not to blame. It might be your upbringing. |
| Re: House Signs N4.493tn Budget by homerac7: 7:59am On Apr 24, 2015 |
calebo101:As much as I there's no supplied evidence to support the 2tn claim, honestly if you know how much undeclared revenue is leaking through govt pocket, you won't have any difficulty imagining the frittering away of such sum. I'm not saying 2tn was spent, but it is naive to claim it is impossible. |
| Re: House Signs N4.493tn Budget by Nobody: 8:06am On Apr 24, 2015 |
homerac7:Bro, do you have any idea what 2 TRILLION NAIRA is? Na Wa oo |
| Re: House Signs N4.493tn Budget by homerac7: 8:08am On Apr 24, 2015 |
calebo101:$10bn, ...sebi?  |
| Re: House Signs N4.493tn Budget by baybeeboi: 8:11am On Apr 24, 2015 |
how can that amount change the current situation of Nigeria with these very crop of politicians? i hate to see such large amount of money being controlled by these generation of government |
| Re: House Signs N4.493tn Budget by dunkem21(m): 9:16am On Apr 24, 2015 |
calebo101:You even get time to help the uninformed bigot. His likes believe that somebody trekked from Lagos to Abuja in 19 days. |
| Re: House Signs N4.493tn Budget by Nobody: 9:19am On Apr 24, 2015 |
dunkem21:Honestly the level of illiteracy in Nigeria is appalling. |
| Re: House Signs N4.493tn Budget by ki02020(m): 9:27am On Apr 24, 2015 |
I would have love to see the capital expenditure take 60% but if they reduce some people salary to make that possible na cry dem go dey cry |
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