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Nairaland Forum / Nairaland / General / Politics / FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) (1287 Views)
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FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by shachris02: 9:58am On Feb 10, 2016 |
Nigeria’s Ministry of Budget and National Planning on Tuesday said the errors in the 2016 Budget were due to lack of technical knowledge of the bureaucracy on the Zero-Based Budgeting System adopted for the first time in the country to put the appropriation plan together. Charles Dafe, Director of Information, Ministry of National Planning said in a statement that civil servants saddled with the task of preparing the budget for their various ministries, departments and agencies were still grappling with some of the technicalities of the new Zero-Based Budgeting approach which was still new to them. Dafe recalled that before now, government used the envelope system of budgeting. This, he said is in contrast to the Zero-Based Budgeting approach, a system of budgeting that reverses the working process of traditional budgeting by ensuring that all expenses must be justified in the new period. The approach, he said, is different from the envelope system which has been in use by the Federal Government since 2003 and works by providing each MDA with a maximum amount for its capital and recurrent needs for the fiscal year. Dafe promised that government will continue to improve the competency of the bureaucrats. “The proposals have received general commendation. However, the details were developed using the Zero-Based Budget and is a new concept to our Budget Officers different from our traditional envelope process. “The members of staff in the Ministry of Budget and National Planning as well as those handling budget issues in all ministries and extra-ministerial agencies are grappling to master the technicalities in the ZBB template. “As such therefore, some errors are not unexpected in the changeover to the new ZBB approach. This was the reason the ministry arranged for the proposals to be placed on the website of the Ministry of Budget and National Planning to expose them to public scrutiny.” He also said the ministry would cooperate with the National Assembly to address issues raised in the budget while the government would thoroughly investigate and sanction any one found to have been involved in any fraudulent activity as regards the budget. According to him, “the ministry has zero tolerance for malfeasance and whenever any wrongdoing is alleged, it will be thoroughly investigated and sanctions will be applied. “The ministry assures the general public that it will continue to liaise with the relevant committees of the National Assembly to address any issues that have arisen, or may arise. “Training and retraining to build capacity of the Budget Officers on the ZBB concept will be intensified in 2016. “As we move forward, lessons are being learnt; the ministry’s experience and competency on ZBB will be improved and perfected upon.” http://www.pmnewsnigeria.com/2016/02/10/fg-admits-errors-in-2016-budget-perpetrators-face-punishment/ |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by Atlantian: 10:04am On Feb 10, 2016 |
He ends up saying nothing. Pray tell us, why does the Budget has a rent charge on Aso Rock state house, what has that to do with budget planning modules? Admit that you are fraudulent and incompetent and tell Buhari to resign. He is just too ignorant to run any place more than a cattle farm. 3 Likes |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by drss(m): 10:16am On Feb 10, 2016 |
d only punishment we will accept is buari's immediate resignation.
#BudgetOfCorruption |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by drss(m): 10:17am On Feb 10, 2016 |
Atlantian:i wonder o. maybe d landlord na tinubu. 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by monlawal(m): 10:24am On Feb 10, 2016 |
Bros you wrote jargon and at the same time included the link. Well, for those interested in the original write up find it below. Nigeria’s Ministry of Budget and National Planning on Tuesday said the errors in the 2016 Budget were due to lack of technical knowledge of the bureaucracy on the Zero-Based Budgeting System adopted for the first time in the country to put the appropriation plan together. Charles Dafe, Director of Information, Ministry of National Planning said in a statement that civil servants saddled with the task of preparing the budget for their various ministries, departments and agencies were still grappling with some of the technicalities of the new Zero-Based Budgeting approach which was still new to them. Dafe recalled that before now, government used the envelope system of budgeting. This, he said is in contrast to the Zero-Based Budgeting approach, a system of budgeting that reverses the working process of traditional budgeting by ensuring that all expenses must be justified in the new period. The approach, he said, is different from the envelope system which has been in use by the Federal Government since 2003 and works by providing each MDA with a maximum amount for its capital and recurrent needs for the fiscal year. Dafe promised that government will continue to improve the competency of the bureaucrats. “The proposals have received general commendation. However, the details were developed using the Zero-Based Budget and is a new concept to our Budget Officers different from our traditional envelope process. “The members of staff in the Ministry of Budget and National Planning as well as those handling budget issues in all ministries and extra-ministerial agencies are grappling to master the technicalities in the ZBB template. “As such therefore, some errors are not unexpected in the changeover to the new ZBB approach. This was the reason the ministry arranged for the proposals to be placed on the website of the Ministry of Budget and National Planning to expose them to public scrutiny.” He also said the ministry would cooperate with the National Assembly to address issues raised in the budget while the government would thoroughly investigate and sanction any one found to have been involved in any fraudulent activity as regards the budget. According to him, “the ministry has zero tolerance for malfeasance and whenever any wrongdoing is alleged, it will be thoroughly investigated and sanctions will be applied. “The ministry assures the general public that it will continue to liaise with the relevant committees of the National Assembly to address any issues that have arisen, or may arise. “Training and retraining to build capacity of the Budget Officers on the ZBB concept will be intensified in 2016. “As we move forward, lessons are being learnt; the ministry’s experience and competency on ZBB will be improved and perfected upon.” |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by shachris02: 10:30am On Feb 10, 2016 |
monlawal: lol. I was actually trying out an experiment. Most people do not even read the topic proper before commenting. I switched the text to understand how bad it really is. Corrected now. lalasticlala. 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by obasiken: 10:34am On Feb 10, 2016 |
shachris02: ![]() 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by monlawal(m): 10:36am On Feb 10, 2016 |
When I was reading it I was doubting the source because the language was so out of point and irregular. I just read only the first paragraph and I decided to check the source. shachris02: |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by olafum1(m): 10:40am On Feb 10, 2016 |
Dafe or Daf*ck? What are you saying? |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by obailala(m): 11:14am On Feb 10, 2016 |
Atlantian:Resign?... Have you ever seen an African leader resign?... If he resigns what next?... Your hatred for Buhari shaa |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by ChelseaDr(m): 12:02pm On Feb 10, 2016 |
Civil servants getting their own share of the blame |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by dunkem21(m): 12:06pm On Feb 10, 2016 |
obailala: Oh, you know .. .. But Lai Mohammed was screaming for GEJ to resign .. You also .. Una hatred for GEJ sha .. 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by obailala(m): 12:09pm On Feb 10, 2016 |
dunkem21:I my name Lai? |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by dunkem21(m): 12:11pm On Feb 10, 2016 |
1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by 9jatriot(m): 12:14pm On Feb 10, 2016 |
We are all okay with that. At least in this acclaimed era of change, things must be done correctly. I know that the ministries thought it was business as usual and put in spurious elements into the budget. This is an opportunity to clean up elements that have no business been there. No ministry can keep coming every year to claim they are buying computers, software and furniture every year at exorbitant rates and annually. These items are not perishable, if they got away with it in previous years does not mean they can get away with it now. I understand that the budget has embarrassed the government of the day, but they should take it in their strides and move on. I am even glad they accepted the feedback from Nigerians and even turned the criticism of the opposition into an opportunity to clean up the budget. I was actually glad that the minister for health rejected the outrageous budget presented earlier, it took courage not to try and defend the errors there in. If we get it right in 2016, it will now serve as template for upcoming budgets. This will lead to better efficiency in budgeting and inorder to prevent more errors, they will be better in-house scrutiny by the government. I salute the courage of APC to allow public scrutiny of their budget presentation. They did what other governments are scared of doing. But the criticism actually provided a free way for the government to see the errors and loop holes in the budget. PDP really did APC a favour with their criticism without knowing it. 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by fistonati(m): 1:26pm On Feb 10, 2016 |
Story story story |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by masseratti: 2:06pm On Feb 10, 2016 |
Crap,oyinbo zero based budget ko billion backed budget ni,oga you just confirm you dont deservr your pay,when they brought forward such budget proposals,you guys couldnt read it?the President and his team are equally guilty abouy this,the right thing should be done please. |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by Nobody: 2:15pm On Feb 10, 2016 |
[size=18pt]now this is what real corruption looks like While this government was busy dragging people's name in the mud, they were busy trying to sign 6 trillion naira worth of fraud into law!!!!![/size] 1 Like |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by OlujobaSamuel: 2:39pm On Feb 10, 2016 |
I talk am, lazy people that knows nothing, abeg sack them. so dey no understand zero budgeting, the next thing na to increase everything by %, going back to incremental approach. abeg put one military personnel to head dem civil servant too. |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by drss(m): 3:01pm On Feb 10, 2016 |
obailala:if buari want to be respected as a civilized man, he should resign ova dis budget of corruption. |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by drss(m): 3:04pm On Feb 10, 2016 |
krendo:they were even planning to borrow N2 trillion to ad to their budget of corruption. |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by greatiyk4u(m): 3:05pm On Feb 10, 2016 |
Commendable..........change is wen u accept ur mistakes and go ahead to correct it..... |
Re: FG Admits Errors In 2016 Finances, Perpetrators Face Punishment :) by obailala(m): 3:07pm On Feb 10, 2016 |
drss:Lol... bro don't you think you were born in the wrong continent?... |
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