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Nairaland Forum / Nairaland / General / Politics / Buhari Copied Jonathan’s Budget – Soludo (37933 Views)
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Re: Buhari Copied Jonathan’s Budget – Soludo by Bevista: 8:52am On Jan 15, 2016 |
“The present budget is more of the same to the previous ones. Mr. Vice President [Prof. Yemi Osinbajo], If you scale your budget on the scale of GDP, it is almost the same with the previous government.Can someone please explain to me what Soludo means here. From my little understanding of the budget, the 2016 budget deficit is ~2% of GDP, while the total deficit is ~14% of GDP. --- Also, can Soludo please explain how a CAPEX budget of ~N1.5tn in the 2016 budget is similar to the ~N500bn in the 2015 budget? While at it, can the former CBN Governor pls tell me how else he expects the government to fund its budget with such declining revenues? Is he suggesting that we should cut government spending to around N4tn, bearing in mind that a recession is looming? In the 2015 budget, oil revenue was projected at over N2.5tn while in the 2016 budget, it is only project at over N800bn. This clearly shows a break from the past where the 70% of budget was funded from oil revenue. --- The world Bank projects Nigeria's GDP to grow ~4.5% in 2016. That projection is based on the fact that the government will be spending N6tn this year. Any reduction in spending will effectively shrink the GDP with all its attendant consequences. 6 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by tunjion: 8:52am On Jan 15, 2016 |
Clear to all now that Buhari is the President that has no economic blue print or manifesto. He just want to answer President. 27 Likes 3 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by Pidggin(f): 8:52am On Jan 15, 2016 |
PMB has been copying GEJ's ideas and policies since he came into power. Why have they refused to give him credit for it? GEJ all the way! 32 Likes 3 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by tyrone07(m): 8:53am On Jan 15, 2016 |
copy copy dullard!!!!!! 20 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by tblaq: 8:53am On Jan 15, 2016 |
Wailers oya food don done make una come eat and celebrate,as PMB no give am appointment while him no go talk. |
Re: Buhari Copied Jonathan’s Budget – Soludo by Kx: 8:53am On Jan 15, 2016 |
It is time for all intellectuals to come together and help this nation. Enough of the criticizing without coming up with workable solutions. 2 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by lielbree: 8:53am On Jan 15, 2016 |
MisterGrace:Why continue from the one u called clueless? Shame on you 26 Likes 3 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 8:53am On Jan 15, 2016 |
DonCortino:...cluelessness of the clueless 14 Likes 2 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by eedrees(m): 8:53am On Jan 15, 2016 |
Now who is the clueless? 19 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 8:54am On Jan 15, 2016 |
How can you compare NEPA BILL with DOCTORATE DEGREE ? 22 Likes 3 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by Bkdson2121: 8:54am On Jan 15, 2016 |
He or she becomes clueless clueless DonCortino: 4 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by Phrankin(m): 8:54am On Jan 15, 2016 |
Ff |
Re: Buhari Copied Jonathan’s Budget – Soludo by Justiyke4u: 8:55am On Jan 15, 2016 |
And yet everybody will want to crucify him even though he is being emulated secretly... Am being neutral though 22 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by triplewisdom: 8:55am On Jan 15, 2016 |
ShowYourCertificate:That's why he's a presidiot. 11 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 8:55am On Jan 15, 2016 |
ShowYourCertificate:...buharians will see something bad in this comment 7 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by PHIPEX(m): 8:55am On Jan 15, 2016 |
Electing a certificateless General as president because a PhD holder " failed" is like refusing to send your child to school because your educated neighbour is jobless. At the end, the masses will be the loser. Buhari will leave Aso Rock a rich man but the poor masses will get poorer going by current economic indices. 29 Likes 3 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by columbus007(m): 8:56am On Jan 15, 2016 |
Expo 7 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by MisterGrace: 8:57am On Jan 15, 2016 |
lielbree: Look, I don't have time for tantrums this morning... I've got important things to attend to. The most important thing is its implementation. Besides, have you taken out time to think and come up with the reasons why it had to be that way? How much is the exchange of dollars to naira then and now? |
Re: Buhari Copied Jonathan’s Budget – Soludo by tomholly: 8:58am On Jan 15, 2016 |
When someone copies a clueless person, what will he be called then? 4 Likes 1 Share
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Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 8:58am On Jan 15, 2016 |
.........Hmmmmmm! Are you still Vexing because I didn't give you any appointment? ....NO VEX MR. PROFESSOR, PLENTY EXECUTIVE OFFICE WEY NO GET OGAs Still dey! I go soon find you One! But no tale Madam Ngozi fa!!! 1 Like
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Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 8:59am On Jan 15, 2016 |
Ugonnax: The answer is simple. He cannot be a puppet to Mr. Integrity.. 6 Likes 2 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by IamPatriotic(m): 8:59am On Jan 15, 2016 |
eagleeye2: the budget office is a parastatal in the presidency vested with responsibility of budget preparation and they were expected to do the job for which they're paid thoroughly. I'm sure you ain't expecting the president to revet an already vetted job. |
Re: Buhari Copied Jonathan’s Budget – Soludo by anonimi: 8:59am On Jan 15, 2016 |
LWKMD 5 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by anytexy: 9:00am On Jan 15, 2016 |
Not only he copied his budget. He even copied him on Chibok girls. "that he doesn't know their way about". and he is honest man according to Zombies, But when GEJ said so the Apc Zombies called him Clueless. The question now is who is the most clueless? Apc Zombies answer. Ndi araa 19 Likes 2 Shares |
Re: Buhari Copied Jonathan’s Budget – Soludo by mekanaky: 9:00am On Jan 15, 2016 |
drss:No he should be called dullard 10 plus 2 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by Happiness87(f): 9:01am On Jan 15, 2016 |
IamPatriotic:the issue is not copying the template, the issue is what is the economic policy of the present administration, we have been shouting the government is not investing for years, we just keep borrowing to run the country, how do we pay back without investing. 6 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by Nobody: 9:01am On Jan 15, 2016 |
I thought as much,buhari wouldn't have come up with that budget on his own,he must have copied it somewhere 3 Likes |
Re: Buhari Copied Jonathan’s Budget – Soludo by adioolayi(m): 9:01am On Jan 15, 2016 |
“The present budget is more of the same to the previous ones. Mr. Vice President [Prof. Yemi Osinbajo], If you scale your budget on the scale of GDP, it is almost the same with the previous government. “It has a historic 37% deficit as we never had it before. The truth is that you are borrowing 37% with only 30 per cent on capital project,” Prof. Soludo stressed. Nairalanders sef, if you no read well..you will think PMB did copy and paste..or photocopy Soludo did some technical comparisons here before making his assertions..... and basically, what is more important to us as a citizen is full implementation of the said budget..only then we will enjoy the present administration. God bless Nigeria 3 Likes 1 Share |
Re: Buhari Copied Jonathan’s Budget – Soludo by Mufasa27(m): 9:04am On Jan 15, 2016 |
What do u expect from a certificateless mallam 4 Likes |
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