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Nairaland Forum / Nairaland / General / Politics / PDP Budget For 16 Year Vs APC Budget For 6 Years (3410 Views)
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PDP Budget For 16 Year Vs APC Budget For 6 Years by Henryjr(m): 8:09am On Dec 31, 2019 |
Below is the breakdown of yearly budgets of the administration of the then ruling Peoples Democratic Party (PDP), under four different Presidents. Under the PDP, we had Olusegun Obasanjo, who ruled for 8 years, Yar'Adua spent 3 years, while Dr. Goodluck Jonathan spent 5 years making it a total of 16 years. On the other hand, President Muhammadu Buhari, of the APC who has completed his first four years and currently in his second term which will terminate in 2023, has passed through a six budget cycle, latest being the 2020 budget recently passed by the National Assembly. Below is the breakdown year by year PDP budget for sixteen years 1. 1999 - 299bn 2. 2000 - 702bn 3. 2001 - 896bn 4. 2002 - 1.06tr 5. 2003 - 1.45tr 6. 2004 - 1.19tr 7. 2005 - 1.6tr 8. 2006 - 1.88tr 9. 2007 - 1.237bn 10. 2008 - 2.74tr 11. 2009 - 3.05tr 12. 2010 - 4.4tr 13. 2011 - 4.7tr 14. 2012 - 4.9tr 15. 2013 - 4.99tr 16. 2014 - 4.96tr Total = N41.22tr APC budgets for 6 cycles. 1. 2015 - 4.4tr 2. 2016 - 6.6tr 3. 2017 - 7.4tr 4. 2018 - 9.12tr 5. 2019 - 8. 92tr 6. 2020 - 10.33tr Total = N40.17tr In your opinion, which of the two administrations the budget had direct impact on the economy and the people? 2 Likes 1 Share
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Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by healthserve(m): 8:13am On Dec 31, 2019 |
What a question to ask in the face of the glaring 1 Like |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by hisgrace090: 8:27am On Dec 31, 2019 |
All I have to say is that there is hunger in the land. 6 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by DonFreshmoney(m): 8:30am On Dec 31, 2019 |
We know that APC has stolen us left, right and centre.. their budget for 6 years has nearly surpassed PDP budget of 16 yrs. Yet same APC has borrowed Nigeria out through useless loans.. -Fuel prices has increased to astronomical levels -High unemployment rates -More security issues to tackle in the country. -High inflation rates compared to PDP regime -Highest VAT, income taxes and electricity levies plus other charges for the masses -Power still in comatose - No rule of law and obedience of court orders -illegality, authoritarian and militaristic government -Human right in Nigeria at an all time low. - poverty has multiplied everywhere.. we are now the poverty capital of the world. -Trust and live among citizens has dropped, hence much jungle justice, tribal attacks and ritualistic killings Mynd44, lalasticlala do justice to this post plz 18 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by ITbomb(m): 8:49am On Dec 31, 2019 |
Buhari and his lifeless team always makes the assertion that crude oil price was at $100 for 19 years. The fact is that you can't compare the obj/atiku administration and this present one.. OBJ administration had all the indices against them.. -price of oil was very low - they were the first democratic elected president - huge world debt - worse infrastructure -low external foreign Reserves But they performed excellently with the little resources at their disposal (even with the alleged looting, APC with their self righteousness cannot account for 40trn under 6 years) ©DonFreshmoney 13 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by Racoon(m): 8:54am On Dec 31, 2019 |
Difference-PDP were filled with looters but APC was rather filled with high grade super looters. 9 Likes |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by chozzy: 9:01am On Dec 31, 2019 |
Oil was selling for $22 during OBJ/PDP era while Buhari is raking in over $70 per barrel While OBJ/PDP managed to write off our debts from the little oil resources at hand, Buhari has borrowed away the future of Nigeria's unborn generation, increasing our debt profile by over 700% I tell people that OBJ remains Nigeria's best president since 1999 while Buhari remains Nigeria's worst. I just summed up OBJ's budgets in his 8yrs tenure and noticed that it's much less than Buhari's single 2020 budget alone. 5 Likes |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by FlordFlorez(m): 9:02am On Dec 31, 2019 |
Kai! Just 6years? Imagine what it would look like for 16years (God forbid anyways). And they always compare their failed administration. How do we get out of this? 3 Likes |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by Strydermanz(m): 9:47am On Dec 31, 2019 |
Racoon: This one weak me... 7 Likes |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by Sonnyboom: 10:39am On Dec 31, 2019 |
PDP supporter are pathetic to the extent they do not understand this article is an indictment on their 16 years misrule of Nigeria. From 1999 till date his Buhari selling more crude oil ? If he is not how is he able to raise trillions in the budget while the PDP was not for 16 years ? Accountant in the house should help me with the term of under reporting income/revenue which was what PDP did to ruin Nigeria for 16 years. With revenue unaccounted for audit might not find anything incriminating else it goes all the way to the line of production. This is why with peace in the NigerDelta n crude selling at over $100 the biggest budget ever announced in it 16 years is less than meagre 4 trillion naira but Buhari tripled that with crude selling below $50 n unrest in the NigerDelta. This implies Nigeria always had revenue accruals of over 9 trillion but PDP always propose a budget of 4 trillion then loot 5 trillion among themselves without having to account for it. Upon looting the undeclared half of the national budget without any accountability or audit, the wolves then descend on the declared budget n tear themselves to shreds over it. That is how Obasanjo was able to feed the wolves at the NA with Ghana must go filled with pounds yearly. It is the reason why in 16 years Buhari is able to build PH Kaduna Abuja Maduguiri airport terminal, Lokoja - Itapke, Abuja- KadunA rail n several dams all in 5 years while PDP as nothing to show for it 16 locust years. 1 Like |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by lereinter(m): 10:47am On Dec 31, 2019 |
ITbomb: Let me add Abacha had ruined Nigeria before obj took over still can't remember obj/PDP singing around the world that they won't perform cos Abacha destroyed the country 9 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by helinues: 10:50am On Dec 31, 2019 |
We can see road constructions, railway constructions, immigration policy, building our institutions... All these are visible not on paper IMF just released top economic growth country, almighty Usa is just 2.4% while we are 2.3% As you wailers are hell bent in dishing out various propagandas so shall we rebuke you with facts and figures. 1 Like 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by olril17(m): 11:30am On Dec 31, 2019 |
helinues:see this zombie....they are so irredeemable.. obasanjo still remains NGr best president,took over from thief Abacha and fixed so many things in 8 years... u will never see obasnjo blaming Abacha,he squarely faced his job. Economy was good. fixed the dead aviation industry. we still see his effect on communications industry fixed the banking sector crises revived the railway established efcc and icpc that has became APC attack dog today. no nepotism,favoritism or tribalism,infact dealt a huge blow against his own Yoruba formed OPC. but to APC zombies,he did nothing..awon apooda 5 Likes |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by olril17(m): 11:33am On Dec 31, 2019 |
helinues:no good roads no electricity terrible health sector bad economy worsening education terrible security he call other wailers,like if he is not a victim of one or all of those....don't you guys know the joke is on you? 1 Like |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by helinues: 11:54am On Dec 31, 2019 |
olril17: Something wey Hero beer took care of when he was in government, abi una don dey drink gegemu 1 Like 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by olril17(m): 11:57am On Dec 31, 2019 |
helinues:see as momodu don fix everything..abi una don dey drink paraga 1 Like |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by helinues: 11:58am On Dec 31, 2019 |
olril17: Same OBJ you people described as the worst president when he was supporting Buhari in 2015 against Dr Jonah gbeja? 1 Like 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by olril17(m): 12:04pm On Dec 31, 2019 |
helinues:fallacy of hasty generalization.... incurable zombie..all this zombie sef |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by helinues: 12:04pm On Dec 31, 2019 |
olril17: Una eyes go clear one by one Hope you sha see say Reno the tormentor of himself don gave up on Nigeria politics Since, your area Father Fayose completed his term, he needs throat surgery to regain his lost voice As for FFK, wondering why his tone is fading this days, may be i should recommend bitter kola to clear his throats As we wan enter new year so, my prayers for you wailers is to wail softly, even if you over fed, you go purge Happy New Year in Advance 2 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by olril17(m): 12:07pm On Dec 31, 2019 |
helinues:all this zombie sef..like if u no dey wail for secret. Mr pot 1 Like |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by APCNig: 12:23pm On Dec 31, 2019 |
PDP budgeted less over 16 years. The balance is in the accounts of imPatience Jonathan, Diezani Alison-Madueke, Sambo Dasuki and other thieves. 2 Likes 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by itsme01: 12:34pm On Dec 31, 2019 |
No wonder... PDP littered everywhere with abandoned projects and death trap after sharing little money they call budget *If you fly through any of the Airports(Lagos , Abuja, Porth Harcout , Kanu) Buhari built and you form blind to his achievements then insha allah you shall be deported from which ever country you are travelling to.. *If for any reason you use any of The Rail Project Rotimi Ameachi had dedicated his 4 years in supervising and still claim blind to his hard work.. then you would never get a ticket insha allah.. it will always finish before you get to the station *If for any reason you pass through the 2nd Niger Bridge that Fashola had being spending all his time and efforts on, then your car would develop fault over the bridge and you get stucked *If you or any of your family benefited from the new salary increment and minimum wage yet you ask why our budget is increasing, then the money wont do you any good until you stop being an hypocrite *If you have kids or relatives currently benefiting from the school feeding program, N-Power, Trader Moni, conditional cash transfer and other social seciurity measures then you would have running stomachs .. 1 Like 1 Share |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by APCNig: 12:51pm On Dec 31, 2019 |
itsme01: PDP dogs, what is your input on this? |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by ruggedtimi(m): 1:02pm On Dec 31, 2019 |
lol as if no be thesame set of humans |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by SIRAO(m): 1:07pm On Dec 31, 2019 |
chozzy: Obj was not the best and you too dnt understand the economy. paying debt did not solve our problems, rather it created more. he should hv use the fund at that material time to create industries and set up infrastructures, then allowed succeeding governments to repay it. |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by itsme01: 1:21pm On Dec 31, 2019 |
APCNig: they would try and delfect with meaningless things |
Re: PDP Budget For 16 Year Vs APC Budget For 6 Years by wwwihy: 1:34pm On Dec 31, 2019 |
APC is far ahead looting machine called PDP APC builds infrastructures with the budget and borrowing, while PDP loots what has been budgeted and still borrow to pay salaries leaving states in debt and backlog of unpaid salaries. Thanks to President Buhari who came to rescue States by bailing them out. For sixteen years, PDP never completed a single signature project that impact the populace. They left Nigeria in a State of Awarded and Re-Awarded uncompleted projects littered all over the Country in order to loot the contract sums It is only God that will punish PDP. https://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html
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