SleekAbokii's Posts
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buhari has finished Nigeria! |
Tinubu a useless Yahoo Yahoo leader! |
Mrs Aisha buhari sells lower. |
Only God knows what buhari is doing with over $300 billion so far recovered and yielding interests somewhere. |
9jatriot:I can just tell how old you are with this. I mean no dis-respect to you. |
9jatriot:I agree with you that Pdp stole for 16 years and used the proceeds to fund APC Mr Buhari to power. Today, most of those that looted our commonwealth are holding political and selected posts in this current government. Who is fooling who my dear brother? |
chosen04:The thing surprised me o. Atiku, ibb, Saraki, dino, tinubu, Fashola drilling borehole, oshobaba etc. |
johnwizey:PDP never destroyed Nigeria for 16 years. Politicians did. where are those politicians today 80% of them are in APC chanting change today. After they are done with APC They resurrect CPC,ACN or KOWA![]() |
With the way Nigeria is going, I see no election in 2019. |
Goke7:Poor me. I thought you were a little open minded. Since you agree that politics is a game of no rules and all is fair in war, be ready to take bullets for your darling APC. if you are paid as a mercenary I can understand. but, if you are not paid and not related to a politician, I would be disappointed. |
Goke7:I want you to understand that Nigeria is bigger than PDP or APC. I don't wish to remind you the great harm and scar APC inflicted on Nigeria in their quest to take power. it worked and set a bad precedent. That we are celebrating and urging people like Fayose Pdp on is that our interest for demanding a Nigeria that works from government intertwined. The heat now lies on APC and Buhari to show otherwise. If APC gets its acts together and deliver there won't be any basis for agitations. Now,if Pdp and co thinks they can ride on the genuine demands of the masses to power they are in for surprises. APC gets it right or there would be a violent revolution to do away with all of them PDP inclusive. For now, we are partners in demanding a working republic with all and sundry--you inclusive. don't you want a working country wail and demand for one brother. |
lalasticala mynd44 obinoscopy |
Even Mugabe with his shit money is generating more power than Nigeria All Nigerian past present leaders should ne rounded up and the needful done. What even works in Nigeria![]() |
Goke7:We are talking perceptible reality here. Do you need a deranged Kemi that was disgracing Nigerians in Canada before she got bundled home in the most disgraceful manner to tell you reality How do you see the Nigeria of today brother? |
crixtex:Mrs Aisha buhari became the largest BDC in africa over night while engaging in sizzling round tripping backed by CBN. Mr nnamdi Azikiwe kanu was kind and liberal mentioning Nigeria as zoo. Nigeria is currently a jungle and we are locked down in a state of nature. Survival of the fittest, might is right and all crooked Machiavellian principles are celebrated. |
chosen04:I'm yet to see any nation that made progress while living in self denial and failing to address her structural issues. |
What Mazi Nnamdi Azikiwe Kanu said was self evident. We all can see it! |
Someday, Nigerians would react like a goat that has been pushed to the wall against the political elites. It would be very deadly cos Nigerians are known to endure the harshest conditions and all over do in anger. |
dyn1800:Is this about semantics? |
Cmeo:Will buhari discover the details in America? |
donbrowser:is the full knowledge of the budget hidden in Amelica ![]() |
blackpanda:That people were massacred in Agatu and the president didn't say a thing negate the fact that people were killed? |
Aufbauh:Help US understand your perception and convictions about buhari o Pharisee of the change agenda. |
malele:The worse kind of Nigerians are those thatmake excuses for those politicians. They are the ones slowing the ultimate emancipation. |
malele:I had to dump the Nigeria passport and adopt a new country with respected passport. I just can't seem to understand the political leaders of Nigeria. If you finds means leave the country for good and stay out of range for now. Judgment is coming on all Nigerian political elites and it would be very violent. I will be honoured to lead the frontline. |
Ecoterrorist:We should loan buhari to Pakistan and employ someone who can sit his ass down and reason out ideas for a working Nigeria. |
This is a lame attempt to always find a sacrificial lamb to bear,absolve and atone buhari the saint in the eyes of the uninitiated. For the records, all buhari's struggles with the state of the nation today were all self inflicted. In strategic management, it is common knowledge that some challenges require an immediate and spilt seconds decisions to salvage. Buhari's first six months immediately after the handover gave him away. I saw it coming so left the country for him. |
This hanky panky the Senate and Mr Buhari is playing with the lives of 200 million people is unfortunate. Mr Buhari even considers his traveling hobby more important than attending to urgent issues of government. Buhari lacks simple management culture and should be impeached so he can go and attend to the economic wellbeing of his malnourished cows in Daura. |
A week ago, on March 23, 2016, the National Assembly, after several postponements, passed the 2016 appropriation bill presented to it by President Muhammadu Buhari on December 22, 2015. The budget, the first by the All Progressives Congress-led Federal Government had suffered some bashing from civil society organisations, the media and opposition political parties. At some point, the Presidency itself admitted that the budget was doctored and had to be tactically withdrawn and resubmitted. Even at that, the specter of irreconcilable figures and errors in the budget did not go away as many ministers and heads of government parastatals denied some of the figures in their MDAs budget during the defence sessions with the National Assembly. Indeed, many heads had rolled in the Budget Office for national embarrassment as some of the officials responsible for the budget draft had either been transferred or sacked. Now, after much supposed cleansing, the National Assembly passed a N6.06tn budget as against the N6.08tn estimate presented to it by Buhari last December. For the first time since 1999, there was a reduction in the version passed by the parliament vis-à-vis the estimate from the executive. Hitherto, the National Assembly had been in the habit of jerking up the budget estimates. Well, as it is, perhaps due to public outcry and a shortfall in expected revenue, the lawmakers had reduced the budget by N17bn. According to news reports, the breakdown of the budget is N1.59tn for capital expenditure, N2.65tn for recurrent expenditure, N1.48tn for debt servicing, N2.2tn as deficit, N500bn for social intervention and N351.4bn for statutory transfer. The lawmakers reportedly left the oil price benchmark at $38 per barrel with average production of 2.2 million barrels of crude daily, an exchange rate of N197 to $1, and a GDP growth rate of 2.14 per cent. It is noteworthy that the 2016 budget, aside from being doctored was hastily put together and submitted late to the parliament. Why? President Buhari’s cabinet was inaugurated on November 11, 2015 and the new ministers had yet to fully grasp the nitty-gritty of budget planning as of the time they had to submit their financial estimates to the Budget Office for collation. Ordinarily, going by the provisions of the Fiscal Responsibility Act 2007, the budget estimate is supposed to be preceded by the passage of the Medium Term Expenditure Framework and Fiscal Strategy Paper. At least, the MTEF and FSP were supposed to have been sent to the National Assembly latest four months to the end of the financial year. Nigeria’s financial year runs from January 1 – December 31. Thus, the two are supposed to be before the parliament for consideration latest by September while the budget is expected to be laid before the legislature latest by October. Unfortunately, ours is a warped system. More often than not, budgets are submitted to parliament in December. In December 2016, the MTEF, FSP and 2016 budget had to be rushed through the National Assembly. Successive governments had consistently done the same by relying on Section 81 (1) of the 1999 Constitution, as amended, which says, “The President shall cause to be prepared and laid before each House of the National Assembly at any time in each financial year estimates of the revenues and expenditure of the Federation for the next following financial year.” The other defence past administrations had relied on is Section 82 of the Nigerian Constitution which stipulates that: “If the Appropriation Bill in respect of any financial year has not been passed into law by the beginning of the financial year, the President may authorise the withdrawal of moneys from the Consolidated Revenue Fund of the Federation for the purpose of meeting expenditure necessary to carry on the services of the Government of the Federation for a period not exceeding six months or until the coming into operation of the Appropriation Act, whichever is the earlier.” It is a known fact in law that the constitution of a country is the grundnorm (the supreme law) and any other subsidiary legislation is ultra vires, null and void to the extent of its inconsistency with it. However, truth be told, it is in Nigeria’s best interest to obey the provisions of the Fiscal Responsibility Act. A nation’s budget is a signpost for the economic forecast of that country and foreign and local investors use it as a barometer to plan for their intervention. Consistently relying on sections 81 (1) and 82 of Nigerian constitution has caused a lot of dislocation to the country’s economy. As it is, Quarter 1 of 2016 financial year ends on Thursday, March 31. I am not sure there has been any capital release yet for the year. As things stand, much as the budget might have been passed on March 23, there are still few hurdles to cross. The detailed budget has not been made available to the President as of Monday, March 28, perhaps due to the Easter holiday. A media report has also said that following the passage of the 2016 Appropriation Bill by the National Assembly, PMB has ordered all the MDAs to thoroughly review the budget before it is sent to him for assent. The anonymous source allegedly said the President gave the directive just before the Easter break in order to ascertain if any significant amendments were made by the legislature that are inconsistent with the spending plan of the executive arm of government. What this means is that the budget may not be signed until sometime in the second quarter of FY2016. This definitely will hamper proper implementation. Honestly, the major challenge with Nigeria’s budget has been that of execution. It has always been a tug-of-war and war of words between the executive and legislature on budget performance. The only aspect of the budget that is often fully implemented is the recurrent expenditure. As for capital vote, they are usually not adequately cash-backed. Or better still; the capital release is always at variance with capital vote as, more often than not, it falls short. I need to remind President Buhari that many Nigerians who voted for him last year are disenchanted with his administration’s performance in office thus far. Am using this opportunity to remind Mr. President of his promises in the 2016 Appropriation Bill. These are: FG plan to partner with State and Local Governments to recruit, train and deploy 500,000 unemployed graduates and NCE holders; the FG plan to partner with State and Local Governments to provide financial training and loans to market women, traders and artisans, through their cooperative societies; working through the office of the Vice President with various development partners to design an implementable and transparent conditional cash transfer programme for the poorest and most vulnerable. This includes homegrown public primary school feeding and free education for science, technology and education students in Nigeria’s tertiary institutions. (See paragraphs 23 – 25 of the President’s budget speech to the National Assembly). The President will do well not to renege on these pledges. In case he does not know, his party’s name has been rebranded to mean “All Promises Cancelled”. As we gradually come to the end of the ruckus over the 2016 budget, it behoves the National Assembly to do the needful over the budget by providing essential oversight services. Similarly, the CSOs working on budget and public finance as well as the media should network to ensure that they follow the money and make our money work for us. http://www.punchng.com/buhari-honour-your-2016-budget-pledges/ lalasticala mynd44 obinoscopy |
ABUJA—Another cloud of uncertainty is hanging over the 2016 Budget estimates approved by the National Assembly last Thursday as the Appropriation Bill may not be signed into law for full implementation any time soon. Instead, there may ensue a showdown between the Presidency and the National Assembly on the budget. Investigations by Vanguard had revealed that the lawmakers may have played a fast one on the Presidency by transmitting only the highlights of the budget and kept the details in their custody. Release of the budget highlights without details makes it difficult for President Muhammadu Buhari to know what adjustments were made by the lawmakers. To this end, it was learned that the President and his ministers, who investigations revealed, were eager to sign and begin implementation, are now boxed into a corner. Investigations further revealed the Budget Office, which also needs the details to work with, is handicapped at the moment. This gives an impression that it was either the budget was not well tidied up or that by approving the estimates three months after it was laid, the National Assembly had left itself off the worry of Nigerians and now passed the buck to the President, who is not likely to sign the bill into law until the details were made available to him. Face-off looms Vanguard gathered that the development was fast prompting a face-off and crisis of confidence between the Presidency and National Assembly which may delay the passage of the budget to the detriment of Nigerians. Efforts to contact spokesmen of the President, Messrs Femi Adesina and Garba Shehu, for confirmation last night proved abortive as they could not be reached on phone. Text messages sent to their mobile phones were also unreplied. However, a member of the Senate Committee on Appropriation, Senator Rafiu Ibrahim (APC, Kwara South), said yesterday that full details of the passed 2016 Appropriation Bill were with President Muhammadu Buhari for assent. In a text message to Vanguard last night, Senator Ibrahim who is also Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, said the bill was at the moment going through a process. His words: “There is nothing like the President refusing assent to the Appropriation Bill. We worked closely with the executive in passing the bill. We are aware it is going through the normal process before the President assents. “If anybody tells you that the President refuses to assent, let the person tell you the reason. The Appropriation Bill is already with the Executive with full details.” Slashed budget It will be recalled that the National Assembly, upon the passage of the budget, slashed the estimate from the original N6.08 trillion to N6.06 trillion. However, while presenting the report on the budget at the plenary for consideration in the Senate, Chairman, Senate Committee on Appropriation, Senator Danjuma Goje, had noted that the budget was filled with controversies, and many lapses. He added that if the Senate had insisted on clearing up the lapses, the committee would not have been able to meet up with the deadline of submission. The Senate said its approval of the 2016 fiscal document was due to its satisfaction that the country would benefit if it was passed into law. He had said: “This budget is full of controversies and we did not want to have more controversies or else it won’t have been presented today and the National Assembly would be blamed. The people would not understand it because people are even saying that we are playing politics. “This budget exercise was a follow-up negotiation, going forward and back. When the budget was presented as attested by many committees, there were strategies discovered that couldn’t close the personnel cost in various committees and these were highlighted by various committees and the total amount involved was presented to the executive during our interaction with the budget office. “We presented that these are the shortfalls from personnel and other overhead cost which we believe should be taken care of. So, because this budget is full of controversies, we didn’t want to add more controversies and if we added more controversy, the report wouldn’t have been submitted today and the National Assembly would be blamed for delaying this budget. That is why we did everything possible to ensure that we beat the deadline in bringing it today.’’ But members of the House of Representatives, yesterday, shared divergent views on the President’s alleged refusal to sign the 2016 Appropriation Bill sent by the National Assembly last week. While some of the lawmakers argued that it was not possible to send an empty budget proposal to the President, others argued that though they had not been fully briefed on the issue, that if it was true, then the President was right. It's mere speculation —Minority Leader, Leo Ogor Ogor, who represents Isoko Federal Constituency in his reaction, said it was virtually impossible to send the Appropriation Bill to President Muhammadu Buhari without details, noting that it was contrary to the convention of the National Assembly. He said: “I want to believe that it is mere speculation that we sent such a sensitive bill to Mr. President without the necessary details. “What we sent was a detailed budget that will make the President congratulate us for a job well done and that it is not possible for us to do such a thing, such an action is contrary to Section 59 of the 1999 Constitution as amended and is against our convention.” The President is right if it is true—Emmanuel Ekon, PDP, Akwa Ibo m Ekon in his contribution simply said “though I’ve not been fully briefed but if it is true that what we sent does not have details, then to an extent the President is right”. Deputy Chairman, House Committee on Finance, Austin Chukwukere when contacted on his mobile phone, said he did not have any knowledge of such. Chukwukere, who represents Ideato Federal Constituency of Imo State on the platform of the APC said: “I can’t react to this because I don’t have any information about it, it is only when I have the information that I will be able to react to it.” Also reacting to this, Anayo Nwonu (PDP, Ebonyi) said: “The point there is that the National Assembly budget is very transparent. If he says he will not give his assent until the National Assembly gives a break down of its budget, it is democracy, every thing should be open to Nigerians. It is the duty of the leadership to provide the information. The leadership is transparent and is ready to do that.” http://www.vanguardngr.com/2016/03/fresh-uncertainty-2016-budget/ |
We shall use APC as specimen to send a clear message to all political elites in Nigeria and set a new standard in our affairs. This is the change required of all free born Nigerian citizens. |
80% of them are in APC chanting change today. After they are done with APC