Firefire:


Lord, please deliver Nigeria and Nigerians from the hands of professional liars and career fraudsters called APC.

omenka:
Stop hiding under the cover of quoting someone else to mention people. Go ahead and simply mention them. Don't be a coward.

Karlovich:
This is the change nigerians have been searching for from a cattle rearer without certificate

Firefire:

‘A budget that moves domestic spending in Aso Villa from N580m to N1.7bn cannot be a budget of change’

Abuja – Sen. Eyinnaya Abaribe (PDP Abia South) on Wednesday in Abuja, berated the 2016 budget and called on President Muhammaduu Buhari to withdraw it and go back to the drawing board.

Abaribe while making contributions during the consideration of the budget, said the proposal was faulty on many grounds and could not be implemented at it was.

He said that predication of oil benchmark at 38 dollars per barrel when the crude oil price had fallen below 30 dollars per barrel made the budget unrealistic.

Abaribe faulted the government for increasing spending by 30 per cent based on borrowing.

“Mr President, my colleagues, this budget is indeed unique. After the budget presentation, the finance minister has never come to explain the details of the budget as it is normally done.

“It is a budget of change I agree, but it is a change in the wrong direction. I say it is a change in the wrong direction because it says that it is based on zero budgeting requiring all expenses to be fully justified.

“Mr President, a budget that increases spending up to 30 per cent based solely on borrowing, in what way are we justified? That is the question we want to ask the people who brought this budget.

“We know what is going on in the global economy: this budget is predicated on an oil benchmark of 38 dollars per barrel and I can now say that with oil being 28 dollars today, this budget is dead on arrival.

“The job of the opposition is to help the government to get its priorities right, so I want to please urge this government to withdraw this budget and go back to the drawing board,” he said.

The senator also faulted the adjustments made in the budget as well as allocation for spending in the Aso Rock Villa, saying that it was too exorbitant.

He said that the adjustments rather than reduce spending in areas where they were not necessary only spread it into different offices.

“Mr President, a budget that moves domestic spending within Aso Villa from N580 million to N1.7 billion cannot be a budget of change.

“We were told that in the revised budget there was an adjustment due to error, we agree but what has happened is that up to N7 billion were moved from buying vehicles and spread to offices.

“It also increased the spending that is due to renovations within the Villa.

“They are going to renovate the Villa with N3.9 billion: what else do you want to renovate there that Nigerians will see in the Year 2016?” he asked.

However, in his contribution, Sen. Ahmed Lawan (APC Yobe North) blamed the previous administration for the lack of funds due to the embezzlement witnessed in previous governments.

He said that this was the 17th budget he would be debating as a legislator and noted that not more than 40 per cent implementation was achieved in the last 16 years.

“The proposal before us is the first budget where the executive has deemed it necessary to give ordinary Nigerians genuine hope.

“N500 billion allocated for school feeding and social SAFTEY NET is commendable.

“It is time to say oil should not continue to play dominant role as we have suffered economically and politically: it is time to diversify this economy.

“The direction of the executive is the way to go. `That is, we should make every effort to have the real sector-agric mining and manufacturing.

“The budget deserves the support of everyone, including my colleagues on the other side. When we were in the opposition we supported the PDP, they should support us,” he said.

Cc: Lalasticlala

http://www.vanguardngr.com/2016/01/602809/

omenka:
When you mention me in a manner that suggest you are taunting me, I would hardly turn up and you can't do anything about it. Just so you know.

That said, there's been grey areas in the budget from day one (no budget is ever perfect) which I criticised, especially the allocation for cars. I was glad to see that it was changed to reflect the mood of the nation. This as well, if true, is a no no for me.

You guys should understand, the document is a PROPOSAL as we speak and can be amended over and over again until we arrive at a consensus document- that is the reason we have a legislature.

You people are too darn emotional and could hardly analyse issues dispassionately. Tarry for now but bare your fangs when it is eventually passed without those areas you find unacceptable amended.

How long would you keep licking the wounds from your defeat??

ariesbull:


You guys ain't seen anything...sometimes I wonder why do we have leaders that lack exomic and economic mindset ..why are we always prodigal not frugal

I am happy I have been vindicated and this APC ain't it just like PDP... I said it but they won't listen


This is the mess that change chanters put is In
What can't we think as a race as Africans




This is the most crazy thing I have heard

3.9 billion for renovation ...are they building tower of Babel


With that money you can build three brand new towns at the rate of one billion each and a flat will cost a million then 1000 fkats will be a billion and one 1000 flats will house minimum of 4 people which equals to minimum of 40 thousand people ..then I am not putting the domino effectts of this town...the jobs the new opportunities.banks will move in, schools move in churches will move it

This can be replicated In three places

We still have 900 mill



Now how can a sensible person bring out 500 billion for just feeding ...what the hell is wrong with black man

We have people that wants to establish business give them soft loan of 1 mill each ..then monitor their progress you will effectively create minimum of 100 thousand new businesses with domino effectts which they will employ minimum of two people ..you gave succeeded creating new business owners

You don't need to go to havard to know these basic macro economic but you need to have your minimum waec certificate because they teach economics in secondary school


But unfortunately bubu got none of these both waec and havard


We are In for a long thing...well I a
Justified

TonyeBarcanista:
This 2016 Appropriation bill in all honesty is a big disappointment to Nigerians. What kind of a budget is this? Who does it seek to serve? The masses or the corrupt elite?

Ola17:

It's 150% increase ni o.
The insincerity of this government is epic. On one hand they are preaching austerity measures to the citizens and on the other hand, they've decided to secretly gobble their own YAM, not with plates and cutlery like GEJ and his ministers, but with shovels and wheelbarrows. What an overly greedy people.

omenka:
When you mention me in a manner that suggest you are taunting me, I would hardly turn up and you can't do anything about it. Just so you know.

That said, there's been grey areas in the budget from day one (no budget is ever perfect) which I criticised, especially the allocation for cars. I was glad to see that it was changed to reflect the mood of the nation. This as well, if true, is a no no for me.

You guys should understand, the document is a PROPOSAL as we speak and can be amended over and over again until we arrive at a consensus document- that is the reason we have a legislature.

You people are too darn emotional and could hardly analyse issues dispassionately. Tarry for now but bare your fangs when it is eventually passed without those areas you find unacceptable amended.

How long would you keep licking the wounds from your defeat??

GANJAFARMER:
You suddenly started sounding civilized ? What happened ?

I guess the juju they gave to you is clearing gradually from your eyes .
Sorry to inform you that you've been scammed .
Oya shout 'change' three times to come back to your normal senses.

omenka:
When you mention me in a manner that suggest you are taunting me, I would hardly turn up and you can't do anything about it. Just so you know.

That said, there's been grey areas in the budget from day one (no budget is ever perfect) which I criticised, especially the allocation for cars. I was glad to see that it was changed to reflect the mood of the nation. This as well, if true, is a no no for me.

You guys should understand, the document is a PROPOSAL as we speak and can be amended over and over again until we arrive at a consensus document- that is the reason we have a legislature.

You people are too darn emotional and could hardly analyse issues dispassionately. Tarry for now but bare your fangs when it is eventually passed without those areas you find unacceptable amended.

How long would you keep licking the wounds from your defeat??

dearpreye:


Budget of a fraudulent change. Very insensitive and irresponsible. Let the zombies defend their paymasters.

Demdem:


Actually am very much civil but never to fools who choose not to.
What juju are u talking about? Show me a single country in the whole world with a perfect budget at the first submittal to their national assembly. Do this and I will be convinced u are talking sense.
This doesn't change the fact that General Buharis emergence is a far better option than Jonah-daft we booted out. This is no brainer.

Observant:



Paid hack, go and ask your oga Buhari na, a prostitute like you jumping from one camp to another with zero allegiance should have first hand information na.
You no longer do all those your useless analysis after your mouth have been stuffed with money.
You have been reduced and relegated to the "We Niger Delta and "We South- South" sectorial discussion. Chai.... wetin money fit do man no be here o.

GeneralShepherd:


A government that said our national treasury is empty submitted a budget with increased spending that is not geared towards infrastructural development!

So we need to shout for change to come?

texazzpete:


You don't even have to tag anonimi or your regular allies.

This budget is a disaster. It is an insult to taxpayers and must be withdrawn immediately. too many crazy sums, too many inflated line items

This budget has line items like 1TB USB Hard disk for 1.8 million Naira. HDD that can be bought for 17k at Ikeja computer village!

hundreds of millions of Naira for cable linkage! Tens of millions of naira for Personal protective equipment (gloves, coveralls, safety glasses) for the handful of inspectors in the Solid minerals ministry! Obscene amount budgeted for personal vehicles, computers and 'computer software'.

What nonsense.

Whether you're pro-APC, pro-Buhari, pro-PDP, anti-Buhari, all must rise to condemn the wasteful spending in a budget that is meant to be leaned down for the austerity era we find ourselves.

dearpreye:
Lalasticlala, come and see change. .....

feldido:


Not only Platinum rice bro, also gold plated sauce with Swarovski crystals...

malachytochukwu:
Only people with great expectations from Mr. Saint. Buhari will be grossly disappointed... As for me, I am not, because you can't give what you don't have.... It's that simple.

noblezone:


If care is not taken, the old man will ground Nigeria before December. And Oshimole will blame Jonathan.

I have accepted that Jonathan was clueless. The problem now is, what is the adjective for someone who doubles domestic spending when income has fallen to one-third.

Bros, any ideas.

Firefire:


Imagine all the defender of the masses fighting corruption and calling names have gone into the silos.

Those sycophants needs deliverance.

Demdem:


Stop being crafty and read up the line items all together. We Av a lot geared towards infrastructural development.
For instance, in the year 2015, Jonah-daft budget spent just 50 billion naira for power, works and housing while over 85% went to recurrent. But in this year proposal, General Buhari is proposing over 450 billion naira for the same sector. Far more percentage is going to capital than last year. What does that tell u? That is serious change for ur info and to those that Av eyes. Even at that, I Av repeatedly stated that some line items in the proposed budget needs to be expunged.