‘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/

As the National Assembly is debating on the '2016 APPROPRIATION BILL', we would be helping them to 'torchlight' the proposed budget by the presidency.


Watch this page for full expository of APC 2016 Budget vs. PDP 2015 Budget.



Dr. Goodluck Jonathan 2015 Budget Vs. Gen. Buhary 2016 Budget - Loaded
Architect Sambo 2015 Allocation Vs. Prof. Pastor Yemi Osibanjo 2016 Budget - Loaded

Please feel free to check the links below if you need to verify my analysis/data.

http://www.budgetoffice.gov.ng/pdfs/2016pro/PRESIDENCY%202.pdf
http://www.budgetoffice.gov.ng/pdfs/2015appropriation/1.%20Presidency%20Revised.pdf

Cc: Anonimi, Ajepako, et al...

Aee Fee Cee... Chanji

Just watch the zombies come & shout #Buharifireon

This change is sweeting me for belle.

“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."

This here is a clear PDP type of move.

But I thought Buhari was holier than the holy ghost and APC was a better party?

O

Ghenghen!!!! APC is the biggest gathering of fraudsters'. Renovate aso villa in 2016 with over 3b. Diaries God oooo.
many apc erats will still come here now to defend their paymasters. Shame, this is truly a budget of chain.
Lie lie information minister over to you.

Zombies!!! Wia una deyy
Amala n ewedu don ready o!!!!

As Usual they won't see any wrong with this corruption.

Yeye A Fee Cee! Bubu is a scammm!

really this present administration cant deceive everybody, i av heard some pple say pmb have gud intention for the country...bt with the things that is going on in the country 4 the past 8months now, i can boldly say that this present administration only have gud intention only on their lips nt their mind..

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

He has to do that, ence he is not interested in embezzling our fund,or what shall it profit Nigeria if he proposed 20kobo and siphon $20b?

My conscience is clear.
I tried all I could to warn Nigerians. that Buhari has nothing to offer.

The man is bad news any day. Calamity will befall the economy by the time APC and Buhari finis with Nigeria.


Make una enjoy una change.

Lalasticlala, come and see change. .....

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

Nigerians need further clarification of this Budget from the Presidency.

Please compare 2015 Budget against 2016 and see that APC inflated the budget of the Presidency over 2015 Appropriation Bill by 14,767,489,522.00 (14 Billion Naira)


77% increase on Capital Allocation to the Presidency ?

The only CHANGE so far is a 1% reduction on Recurrent expenditure over GEJ's 2015 Budget.

This is serious.

I use this medium to appeal to President Mohamodu Buhari to please withdraw this budget of shame and call for full investigation of the individuals behind this monument fraud.

God bless the Federal Republic of Nigeria.

Shalom!

Firefire:


Bros, good morning...

CHANGE Indeed!

Baba, ekaro ooooo...

The more things change the more they remain the same.

dearpreye:


Baba, ekaro ooooo...

The more things change the more they remain the same.

Have you seen my analysis above ?

This is indeed a BUDGET OF FRAUD.

Despite the austerity message/measure from APC government, Buhary still went ahead to inflate the state house budget by 50% over 2015.

Fellow Nigerians, please note that APC are planning to run a 2.2 Trillion Naira deficit budget in 2016 and will secure approx. 2 Trillion Naira loan (Both domestic & foreign loans)

Cc: Modath good morning.

Weep for my country!

Firefire:


Have you see my analysis above ?

This is indeed a BUDGET OF FRAUD.

Despite the austerity message/measure from APC government, Buhary still went ahead to inflate the state house budget by 50% over 2015.

Cc: Modath good morning.

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

This budget sure took YAM eating to a whole new level.
I don'tsee any reason the government should steal people's N50 to fund Aisha and Zahra's Gucci shoes.

O ma se o.

Hahahahahahaha! GEJ used spoon and plate, while Buhari wants to use catapiller and tippers to eat his own yam...

Yet their zombies won't see the cheap scam they have fallen for... They keep saying oil price has fallen and that we should be prepared to sacrifice yet their budget has skyrocket as if oil price is suddenly 350 dollars per barrel.

The problem with Nigeria is Nigerians

I was expecting a total shift from the normal but it seems things won't be changing for good anytime soon.

At this perilous time of economic downturn every sensible government is supposed to imbibe austerity in all her deeds and not this proposed profligacy.

Firefire:


Have you see my analysis above ?

This is indeed a BUDGET OF FRAUD.

Despite the austerity message/measure from APC government, Buhary still went ahead to inflate the state house budget by 50% over 2015.

Cc: Modath good morning.

That moniker you mentioned is not available at the moment.. Please try again later...


On another note, the zombies will tell you that since Buhari is working more than GEJ (even as the economy is on a nose dive) therefore he deserves to eat/spend 100 times more than GEJ...


Lalasticlala, food done done...

Honestly I am tired of the whole blame game between the supporters of the two parties and even between the principals.

We the citizens should just hold the ruling class responsible irrespective of their party affiliation pending when the country will be divided.

dearpreye:


Baba, ekaro ooooo...

The more things change the more they remain the same.

Remain the same? How?

Domestic Budget for Aso Villa has Changed from 580 M to 1.7 B. That's about 100% change.

And they are blaming the past administration for looting the treasury dry. Now, there is no money to implement, the budget of "CHANGE".

Greetings Comrade.

francizy:


That moniker you mentioned is not available at the moment.. Please try again later...


On another note, the zombies will tell you that since Buhari is working more than GEJ (even as the economy is on a nose dive) therefore he deserves to eat/spend 100 times more than GEJ...


Lalasticlala, food done done...

I see no reason why APC Government should inflate last year budget by 50%despite the sharp drop in crude oil price.

Painfully, they slammed Nigerians with 50 Naira per deposit with immediate effect to shop up more revenue for the government.

Why are Nigerian politicians taking Nigerians for a fooool ?

This is pure wickedness.

Fellow Nigerians, are we really fighting corruption with all this media noises ?

WHERE IS THE CHANGE ?

noblezone:


Remain the same? How?

Domestic Budget for Aso Villa has Changed from 580 M to 1.7 B. That's about 100% change.

7Anf they are blaming the past administration for looting the treasury dry. Now, there is no money to implement, the budget of "CHANGE".

Greetings Comrade.

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.

Firefire:


I see no reason why APC Government should inflate last year budget by 50%despite the sharp drop in crude oil price.

Painfully, they slammed Nigerians with 50 Naira per deposit with immediate effect to shop up more revenue for the government.

Why are Nigerian politicians taking Nigerians for a fooool ?

This is pure wickedness.

Fellow Nigerians, are we really fighting corruption with all this media noises ?

WHERE IS THE CHANGE ?

You mean you can't see the change?
from a budget if 580 M to 1.7 B for As Villa domestic spending, is a big CHANGE. Biko.

Firefire:


I see no reason why APC Government should inflate last year budget by 50%despite the sharp drop in crude oil price.

Painfully, they slammed Nigerians with 50 Naira per deposit with immediate effect to shop up more revenue for the government.

Why are Nigerian politicians taking Nigerians for a fooool ?

This is pure wickedness.

Fellow Nigerians, are we really fighting corruption with all this media noises ?

WHERE IS THE CHANGE ?

Buhari doesn't have what it takes to save Nigeria. He's no messiah. He isn't fighting any gaddam corruption, cuz if he was, he'd have started doing something about the bribe been charged motorists by police, extra-judicial killings by men in uniform, high tarrif paid to power companies with no electricity to show for it, corruption in recruitment of government officials (he is the chief when it comes to practicing this kinda corruption as he only appoints based on nepotism and vindictiveness), corruption within APC party too, corruption in Osun, Imo, Rivers-Amaechi, Lagos-Fashola, etc.

Buhari is not ready to fight any corruption because if he is, he'll concentrate more on the one that affects the masses directly. If we want to eradicate corruption then we have to do it ourselves and damn the consequences instead of waiting for a so called "angelic being" that up till today has not provided the $2.8billion that went missing during his time as the NNPC chair..

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.

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 while on the other hand, they've decided to secretly eat their own YAM, not with plates and cutlery like GEJ and his ministers, but with shovels and wheelbarrows. What an overly greedy people.

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.