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Nairaland Forum / Nairaland / General / Politics / Obama's Budget :$4trillion, Buhari's Budget:6trillion naira (746 Views)
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Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by maupe: 2:44pm On Feb 09, 2016 |
Feb 9, 2016, 4:18 AMPresident Barack Obama is unveiling his eighth and final budget, a $4 trillion-plus proposal that's freighted with liberal policy initiatives and new and familiar tax hikes — all sent to a dismissive Republican-controlled Congress that simply wantsto move on from his presidency. http://abcnews.go.com/m/story?id=36801662&sid=77 resident Obama is asking Congress for a historic $1.8 billion to combat the Zika virus -- though he previously tried to cut funding to the same agency now responsible for tackling the virus sweeping South and Central America and the Caribbean. http://www.foxnews.com/politics/2016/02/08/obama-asking-congress-for-1-8-billion-in-emergency-funding-to-combat-zika.html President Muhammadu Buhari has presented 6.08 Trillion Naira budget proposal for 2016 to a joint session of the National Assembly. The budget is predicatedon $38 per barrel oil benchmark; 197 Naira exchange rate. http://www.nigerianeye.com/2015/12/buhari-presents-n608-trillion-budget.html |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by Emmatdayo(m): 2:47pm On Feb 09, 2016 |
4 trillion for a developed country, and 6 trillion naira for a developing country. i dnt see any thing wrong with that budget abeg |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by lanwrex(m): 2:51pm On Feb 09, 2016 |
Emmatdayo:That's kind-of true... Buh buhari still needs to cut many unnecessary things in dat budget |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by diasporaman(m): 2:52pm On Feb 09, 2016 |
This post makes no sense 2 Likes |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by feelamong(m): 2:53pm On Feb 09, 2016 |
Dullards every where on this Nairaland.. They cannot even spot the difference between $4Tr and N6Tr?? awon olodos!! 3 Likes |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by babadee1(m): 2:58pm On Feb 09, 2016 |
OP if you're confused please don't come and confuse other people as well. Obama's budget is 4 trillion dollars which is very much in line with his budgets from previous years. Buhari's budget is 6 trillion NAIRA (that's about 20 billion dollars). It's about 2 trillion naira higher than Jonathan's last budget which did not capture all of the federal govt's spending. There was a very high rate of extra budgetary spending under Jonathan. Through the TSA programme Buhari is trying to ensure that every single naira spent by his govt is captured in the budget. The principle is good but unfortunately this budget is extremely padded because they failed to implement their zero budget plan effectively. |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by maupe: 3:03pm On Feb 09, 2016 |
[quote author=babadee1 post=42764390]OP if you're confused please don't come and Thanks for the correction. Typo error |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by Emmatdayo(m): 3:04pm On Feb 09, 2016 |
lanwrex:yea i know,but u cant compare the US with nigeria na |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by maupe: 3:04pm On Feb 09, 2016 |
feelamong:Thanks for the correction |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by Brymo: 3:36pm On Feb 09, 2016 |
feelamong:calm down, they know. stop acting as if you know shit. |
Re: Obama's Budget :$4trillion, Buhari's Budget:6trillion naira by Sall(m): 4:36pm On Feb 09, 2016 |
And so, there is no way we can be compared with american in any ramifications there is bound to be a greater superiority in everything. So why compare both. |
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