₦airaland Forum

SNAPSHOT VIEW OF NIGERIA BUDGET FIGURE FROM YEAR 1999 TO year 2015,..........Nigeria Budget under OBJ in the year 2000 was passed into law in month of may.



1999 Abdusalami/ Obasanjo N0.299 trillion

[Obasanjo becomes president May 29, 1999]
Actual Spending was N0.524 billion

«(BETWEEN 2000-2007, PRESIDENT OLUSEGUN OBASANJO PRESIDED OVER THE ECONOMY OF NIGERIA)

Year 2000, Obasanjo proposed N0.598 billion, the Budget was finally Signed to law in May 2000 but the Parliament increased it to N0.677 billion making Total appropriation to become N0.702 trillion. This includes an N0.49 trillion supplementary Budget passed in may.

Year 2001.................................. N0.8942 trillion

Year 2002................................... N1.064 trillion

Year 2003 ..................................N1.446 trillion

Year 2004.................................. N1.189 trillion.

Year 2005................................... N1.800 trillion

Year 2006 ................................... N1.9 trillion.

Year 2007 (Obasanjo/ Yar’Adua)..... N2.3 trillion

TOTAL AMOUNT BUDGTED =(N11.2952trillion)


«(BETWEEN 2008-2010 PRESIDENT MUSA YAR'ADUA PRESIDED OVER THE ECONOMY OF NIGERIA)

Year 2008 ...................................... N2.45 trillion
Year 2009 ......................................N3.049Trillion
Year 2010...................................... N4.600

TOTAL AMOUNT BUDGTED= (N10.009trillion)


«(BETWEEN 2011-2015 PRESIDENT GOODLUCK JONATHAN PRESIDED OVER THE ECONOMY OF NIGERIA)

Year 2011 ......................................N4.972 Trillion
Year2012...................................... N4.697 trillion
Year2013 ......................................N4.987 trillion
Year2014...................................... N4.962 trillion,
Year 2015 ...........(GEJ/PMB).........N4.493trillion

TOTAL AMOUNT BUDGTED = (N24.111 trillion)


Grand total of Nigeria budget utilized between the year 1999 to the year 2015=45.4152trillion Naira.

My fellow country men and women, is there any infrastructural,social, and economic evidence on ground to show that this high cost of fund was invested "abi na wasted" in the economy of this nation within the years under review? If No, then you will agree with me that PDP as a party deserves blame.

www.nigerianmuse.com/20080121133300zg/nigeria-watch/nigerias-federal-government-budget-figures-for-1999-2007/

Man utd hit like.... Leicester hit share

increase our salaries and stop telling us stories

talktonase:
increase our salaries and stop telling us stories

Lolz, we will stabilize crude oil price

kossyablaze:
Man utd hit like.... Leicester hit share

Derailer, keep off

That is just wasted years in the history of nigeria, i'm so surprised that some of us the so called leaders of tomorrow cant still learn from the failure of the past but instead analyse and talk with bias of ethnicity, political paties and arguements that dont bring any benefit. Our youths can't even differentiate between Right and wrong anymore on the issues that concern our country. Oh God! where is the future!!!

mightyjoe746:
That is just wasted years in the history of nigeria, i'm so surprised that some of us the so called leaders of tomorrow cant still learn from the failure of the past but instead analyse and talk with bias of ethnicity, political paties and arguements that dont bring any benefit. Our youths can't even differentiate between Right and wrong anymore on the issues that concern our country. Oh God! where is the future!!!

God bless you!

Insightful op, so why the noise about Budget passage delay as if it never happened?

OGACLO:
Insightful op, so why the noise about Budget passage delay as if it never happened?

The noise is because Buhari promised to do alot better than the previous Government. I wonder why people keep comparing when he promised to change Nigeria

I have always asked, where are the indices that made the second and fastest growing economy in africa? Where are the infrastructure? Can we defined buoyant economy with infrastructure?

"People deceive People"

mightyjoe746:
That is just wasted years in the history of nigeria, i'm so surprised that some of us the so called leaders of tomorrow cant still learn from the failure of the past but instead analyse and talk with bias of ethnicity, political paties and arguements that dont bring any benefit. Our youths can't even differentiate between Right and wrong anymore on the issues that concern our country. Oh God! where is the future!!!

I can't agree less. This budget may have include the NASS padding. Unfortunately, they met their match this time around.

favouredseed:
The noise is because Buhari promised to do alot better than the previous Government. I wonder why people keep comparing when he promised to change Nigeria

Giving him minimum of 2years is not a bad idea......what do you think?

amaechi1:
I have always asked, where are the indices that made the second and fastest growing economy in africa? Where are the infrastructure? Can we defined buoyant economy with infrastructure?

"People deceive People"

My dear, that question has no practical answer

OGACLO:
Insightful op, so why the noise about Budget passage delay as if it never happened?

because it was the first fiscal year budget passed by a democratically elected government in about 20yrs.
GMB has had 16 yrs of democracy and foundation to leverage on.
More so, he had 12 years of " preparation" to become president to get the job done.

adconline:
because it was the first fiscal year budget passed by a democratically ejected government in about 20yrs.
GMB has had 16 yrs of democracy and foundation to leverage on.
More so, he had 12 years of " preparation" to become president to get the job done.

Sugar coating!

adconline:
because it was the first fiscal year budget passed by a democratically elected government in about 20yrs.
GMB has had 16 yrs of democracy and foundation to leverage on.
More so, he had 12 years of " preparation" to become president to get the job done.

Meaning to evry action/decision, there is a reason 4 it.

favouredseed:
The noise is because Buhari promised to do alot better than the previous Government. I wonder why people keep comparing when he promised to change Nigeria

I think he is on a 4years mandate!

greatiyk4u:
Lolz, we will stabilize crude oil price

AYE MI, MY LIFE. YOU MAKE ME REMEMBER WHAT BABA DEY SING DURING THEM CAMPAING. YO! YOYO I PMB THE STABILIZER YOYO! I WILL STABILIZE OIL PRICE IN THE WORD MARKET.YO ! I BEG LET ME GO & EAT MY EWA JARE.

Must you always bring up previous govt to defend the ineptitude of the present govt, do those govts promise heaven on earth or CHANGE. NA ur type dey suffer dey smile

Do we have to beat our drums backward in this Gawd forsaken hellhole?

Op, you are already clapping for someone who hadn't done anything since being elected..... 1 year is already gone, 3 more years to go.

TheArchangel:
Do we have to beat our drums backward in this Gawd forsaken hellhole?

Op, you are already clapping for someone who hadn't done anything since being elected..... 1 year is already gone, 3 more years to go.

"Someone who hadn't done anything", are you serious?
What exactly do u mean by "anything"

So, after 16 years we should be doing the same thing. Pray your life remain stagnant for sixteen years or that your child born now would be same stature and life style after 16 years.

Amitex:
So, after 16 years we should be doing the same thing. Pray your life remain stagnant for sixteen years or that your child born now would be same stature and life style after 16 years.

No, but that is the pains of Democracy, it is better delayed and done the right way rushed and maintain status quo that has kept us where we are

greatiyk4u:
Sugar coating!

What a display of willful ignorance. OBJ had no template on how to prepare a budget and submit to the NASS for approval.
Also, House Reps was in turmoil when its speaker, Salisu Buhari, abruptly resigned over Univetsity of Toronto Certificate scandal.
Buhari has no similar problem today. In fact, he copied GEJ's budget and format, and still got it riddled with errors. His retinue of aides didn't read the budget neither did his ministers.. An intellectually stagnant president hires folks who think and act like him. No need to read!!

kossyablaze:
Man utd hit like.... Leicester hit share

U re not in order

adconline:
What a display of willful ignorance. OBJ had no template on how to prepare a budget and submit to the NASS for approval.
Also, House Reps was in turmoil when its speaker, Salisu Buhari, abruptly resigned over Univetsity of Toronto Certificate scandal.
Buhari has no similar problem today. In fact, he copied GEJ's budget and format, and still got it riddled with errors. His retinue of aides didn't read the budget neither did his ministers.. An intellectually stagnant president hires folks who think and act like him. No need to read!!

Display of ignorance indeed!

greatiyk4u:
Display of ignorance indeed!

Cos you have nothing intelligent to say..facts are sacrosanct!