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Nairaland Forum / Nairaland / General / Politics / Capital Release For Budget 2016 Begins Today (24397 Views)
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Capital Release For Budget 2016 Begins Today by Anasko(m): 6:36am On May 13, 2016 |
Economy Seen Picking Up As FG Begins Capital Release Today Senator Udo Udoma, Minister of Budget and National Planning, on Thursday, said that the Federal Government would begin capital releases for the 2016 budget today. Analysts say implementation of the 2016 budget may inject the funds needed to lift Nigerian economy from the current level. http://independentnig.com/economy-to-rebound-as-fg-begins-capital-release-today/ 5 Likes 1 Share
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Re: Capital Release For Budget 2016 Begins Today by jcross19: 6:38am On May 13, 2016 |
Kai baba!!!!!!!!!!!!. It took our president 4months to have his cabinets in place,10months to sign a budget then how long do yo think he will take him to deliver a single project? But only take him some minutes to jet out the country. Buhari is whipping our economy with his archaic approach . Just hope this economy won't die finally. Too much of burukutu is dangerous to your health mr bubu. Even nairaland is feeling the change . 21 Likes 3 Shares |
Re: Capital Release For Budget 2016 Begins Today by hungryboy(m): 6:41am On May 13, 2016 |
Which economy wan pick up?, na the garri were be 3 cup 100naira now, abi the fuel were be 145naira, Abi na the dollars were dey near 400naira? 41 Likes 3 Shares |
Re: Capital Release For Budget 2016 Begins Today by cckris: 6:43am On May 13, 2016 |
Buhari has AMBUSHED the entire economy by removing subsidy at a time Demand for Forex will hit 400 naira for 1 dollar. 8 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Kx: 6:45am On May 13, 2016 |
Glad to know that Lagos Calabar rail counterpart funding of N60b made it after all d budget fuss. 18 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Sall(m): 6:46am On May 13, 2016 |
Budget of hope .. still hopeful things turn around for good with the subsidy removal. 8 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Nobody: 6:49am On May 13, 2016 |
Which capital project is sited in the S east?our senators are bunch of f**ls 7 Likes |
Re: Capital Release For Budget 2016 Begins Today by fiizznation: 6:56am On May 13, 2016 |
I hope and pray every Nigerian irrespective of his/her tribe, religion, social status and political affiliation will feel the positive impact of this budget in his/her life. Ameen May God strengthen us and help us through every difficult situation that we may find ourselves 57 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Flexherbal(m): 6:58am On May 13, 2016 |
We hope so! |
Re: Capital Release For Budget 2016 Begins Today by wristbangle: 7:11am On May 13, 2016 |
Keeping my fingers crossed |
Re: Capital Release For Budget 2016 Begins Today by luvinhubby(m): 7:14am On May 13, 2016 |
Sincerely pray so but will not accept any economic improvement story if garri, tomato, bread, pure wate, indomie prices still remains high. 2 Likes |
Re: Capital Release For Budget 2016 Begins Today by cckris: 7:17am On May 13, 2016 |
fiizznation:Market PRICE is more powerful than propaganda. The cost of shipping Tomatoes from Katsina to Lagos will determine retail price, when other prices are escalating because of Buhari's personal desire to CONTROL & COMMAND every Nigerian like a battalion commander. The masses on the street will chase Buhari out of Nigeria if he doesn't CHANGE his medieval mindset. 19 Likes |
Re: Capital Release For Budget 2016 Begins Today by BushidoBlue(m): 7:19am On May 13, 2016 |
[size=18pt]How can something yet to be implemented be "seen to pick up"? [/size] 32 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Stalwert: 7:23am On May 13, 2016 |
[s] cckris:[/s] I don't. think beerfraud can chase a Nigerian president from power. 19 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by Almajiri1: 7:26am On May 13, 2016 |
It is a welcome development if it will force down the bag of rice that's peaking at 25,000 naira per bag. 2 Likes |
Re: Capital Release For Budget 2016 Begins Today by cckris: 7:30am On May 13, 2016 |
kevinscore:The proudly 5% is CONSISTENTLY DEMANDING a well-structured Economic ground for all Nigerians to thrive, at their own pace. Other regions INSIST on Govt-controlled, actually SOCIALIST, development even in arid unEconomic places. Eastern Leaders have never been known to be asking for these unEconomic handouts that usually fizzle when the sponsor Govt is no longer in office. Please don't join the shallow brains to argue irrationally. 7 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by cckris: 7:37am On May 13, 2016 |
Stalwert:You will SEE what the TALAKAWA will do to you & your likes. More of them are already in the South, as farm hands, not traders, or artisans. Are you even in Nigeria? Observation is the first rule of science, if you can see, or Perceive. 8 Likes |
Re: Capital Release For Budget 2016 Begins Today by AtlanticBreeze: 7:39am On May 13, 2016 |
kevinscore:some of you amaze me the way you reason. Are our senators now the bigoted Buhari and Fashola that are punishing igbos for not voting their useless government? Atleast those from the south east that supported this useless government can now see clearly.. Let Buhari do his worst. No regret for not voting the dullard 7 Likes |
Re: Capital Release For Budget 2016 Begins Today by Pavarottii(m): 7:41am On May 13, 2016 |
Government of the media, for the media and in d media. There is nothing that u won't see on media. So u want to sign budget, pad budget, even implement it u will run to media. And yet no good news in d media. 5 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by fiizznation: 7:42am On May 13, 2016 |
cckris:Nobody is controlling any price my friend. If you don't know that drop in the price of oil in the international market is the major reason why every commodity's price skyrocketed then you must obviously be living in one saturated planet. Nigeria is a what my friend? Well Nigeria is a mono economy and also an importing nation, we virtually import everything from pencil to cars. We have relied on oil for so long without diversity our economy and that's why everybody is feeling the heat when the price of oil crashed. And this unfortunate event is not only synonymous to Nigeria but also to every oil exporting country like Angola, Saudi Arabia, Qatar, Russia, etc. We should even be more grateful to God that our own recessive situation came with a handkerchief to wipe our tears at the end of the day. Venezuela will be praying vehemently to God to put them in our situation now so as Angola, Qatar etc. 15 Likes 1 Share |
Re: Capital Release For Budget 2016 Begins Today by raker300: 7:43am On May 13, 2016 |
Op, what kind of report is this? The report is based on future tense. It says "funds to be injected into the economy will help pick up the economy" how does that translate to "the naira seen picking up". What sort of junk, misleading journalism is this biko? 10 Likes |
Re: Capital Release For Budget 2016 Begins Today by cckris: 7:43am On May 13, 2016 |
BushidoBlue:PROPAGANDA. But market PRICES will show them that 2016 is a digital generation. They can't sustain their lies. 7 Likes |
Re: Capital Release For Budget 2016 Begins Today by Nobody: 7:45am On May 13, 2016 |
AtlanticBreeze: It seems to me that you an alien as regards to nigerian politics because if you really followed 2015 election u won't come out here to say that south east or anybody from that zone supported PMB and come to think of it,what do u think is suppose to be the duty of senators and rep members representing us?there job is to make sure we get our own share of govt investment in the zone which they have failed.everything is not about buhari 8 Likes |
Re: Capital Release For Budget 2016 Begins Today by raker300: 7:46am On May 13, 2016 |
jcross19:can you swear you read the entire report before saying this? Chai!! This is how easy it is to deceive people FYI: the op just played with your ignorance 3 Likes |
Re: Capital Release For Budget 2016 Begins Today by omenka(m): 7:48am On May 13, 2016 |
luvinhubby:Who cares if you (one person), out of nearly 200million people, don't accept it?? You can remain stuck in the past with garri, tomato, bread and pure water prices while the rest of us leap into the future. You won't be missed. ![]() 5 Likes |
Re: Capital Release For Budget 2016 Begins Today by fiizznation: 7:52am On May 13, 2016 |
cckris:My friend what are you saying? That's my number problem with most of you commentators on this forum,you just drop your comments irrationally. Why don't you tell the eastern governors to stop collecting monthly allocations from the central government if you think they can survive without it. Some of you are just annoying to be honest 7 Likes |
Re: Capital Release For Budget 2016 Begins Today by phlemzy: 7:52am On May 13, 2016 |
It has already picked up.. |
Re: Capital Release For Budget 2016 Begins Today by omowolewa: 7:54am On May 13, 2016 |
Media-padding the news, where are the project? The money has not been released oo o. Local content should be given priority if truely we want to help Nigeria. |
Re: Capital Release For Budget 2016 Begins Today by cckris: 7:54am On May 13, 2016 |
fiizznation:Tell that to APCshit Economic magicians. And also to your Fulani emirs , who, like Buhari himself, send their children to the best schools around the world, & COMPEL others CIRCUMSTANTIALLY into ALMAJIRI, where they can't acquire skills, & then want to make the Arabic they learn relevant in Nigeria. You know even the North Central can't take it anymore. 3 Likes |
Re: Capital Release For Budget 2016 Begins Today by ebiboy2(m): 7:55am On May 13, 2016 |
what do these people take us for? Abeg these APC lies don too much joor. with the junketing president and liar Mohammed beside him, the economy will not pick any up. let's tell ourselves the truth for once biko. 3 Likes |
Re: Capital Release For Budget 2016 Begins Today by AtlanticBreeze: 7:58am On May 13, 2016 |
kevinscore:So people like Oby ezekwesili, Ngige and Rochas who were very loud in their support for Buhari are not from the south east abi? Go and understand how the budget works, the executive prepares the budget not the senators or reps. Their job is just to approve it and last time I checked, the senate president or the speaker are not igbos so how exactly did you expect SE senators to stand against the budget? My brother everything is about the evil bigot they call Buhari. He is responsible for it all. I guess you didnt hear where he brought up 95% and 5% of his voters and projects they should expect... Abegg shine your eyes and stop this lame argument 1 Like |
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