₦airaland Forum

President Muhammadu Buhari on Monday
ordered the National Planning Commission to
go back to the drawing board and produce the
framework for a 2016 national budget that
will reduce recurrent expenditure and prioritise
developmental projects.
Senior Special Assistant to the President on
Media and Publicity, Garba Shehu, disclosed
this in a statement made available to
journalists.
Shehu said the President gave the order after
receiving a briefing from the Executive
Secretary of the Commission, Dr. Bassey
Akpanyung at the Presidential Villa, Abuja.
He said the President told Akpanyung and
Directors of the NPC, that capital projects
must now be given the fullest possible
priority, because Nigeria couldnot achieve real
development without adequate investment in
capital and infrastructural projects.
“In carrying out its role in surveillance of the
economy, review and appraisal of policies, the
Commission should devise a plan for a
realignment of the budget so that capital
projects can be really prioritised,” the
President directed.
The Executive Secretary of the NPC had
informed the President that Nigeria’s planning
system was beset by many challenges.
These challenges, he said, included the non-
alignment of national plans with the annual
budget and inadequate capacity in the
departments of Planning, Research and
Statistics in the various government
ministries.
He later told State House correspondents that
he used the opportunity of the meeting with
the President to inform him that the
commission had on the ground a perspective
plan which is the national vision 20:20:20.
He said they were in the process of developing
a medium term plan to cover Vision 2016 to
2019 which will address the core elements of
the present administration’s priorities.
“Of course, we sought the President’s support
for the articulation and finalisation of that
document because his pronouncement on it
will assist us in rapidly doing so.
” Planning, like I said will make it effective
from 2016 to 2019. “So, we should be working
already very seriously to pick out the elements
that will form the document
“The core areas: security, the areas of
diversification, the area of restabilising the
polity, the micro economic situation that are
going to be addressed.
“Of course, we can’t forget the issues of
unemployment, agric in the real sectors. These
are the areas that will drive and ensure that
the employment situation is improved upon
and that will impart the poverty level,” he
added. http://www.punchng.com/news/2016-budget-buhari-orders-reduction-of-recurrent-expenditure/

still waiting for my 5k

We have seen much motion and little movement, much bark and no bite, many interrogation and no judgement, many travels and several pictures... Baba Nigerians can't wait to start reaping the fruits of change. Please double the pace. Notwithstanding you have our support. Ride on!

inadequate capacity in the departments of Planning, Research and
Statistics in the various government
ministries.

That's because recruitments are done based on letter from politicians instead of merit, plus complete absence of research and tools for budget and finance planning. These ministries and agencies and departments should be completely screened and restructured, lots of people Who should own shops in the market are the ones working in our sensitive government agencies and organizations

just curb corruption, you will save enough money to change Nigeria. I suggest a legal system reform and the EFCC and ICPC leadership should be changed at once to achieve this. the guys there now are nollywood actors

EroticAngelina:
still waiting for my 5k

so u b jblss- or u be almajiri, ok take ths 10naira bring 5naira change..

Ultimate300:
so u b jblss- or u be almajiri, ok take ths 10naira bring 5naira change..

girls aren't smiling now

Dat's okay!!!!!

BEST NEWS SO FAR AFTER BUHARI WAS DECLARED THE WINNER OF OUR PRESIDENTIAL ELECTION. My 10yrs old nephew understands that there can be no development if recurrent expenditure is always higher than capital project expenses. Its only the otuoke man that will rather pass a budget of billions to feed aso rock while a whole agency like ferma will have ZERO allocation in 2015 budget . My president you are on the right path and i know by 2019 even an unborn baby will testify about how wonderful your administration is.

Best way to go...capital expenditure should take the lead