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Buhari Presents Budget To National Assembly December 6 - Politics - Nairaland

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Buhari Presents Budget To National Assembly December 6 by zakim(m): 5:25am On Nov 29, 2016
President Muhammadu Buhari will present the 2017 budget proposal to a joint session of the National Assembly on December 6, Daily Trust learnt last night.

Sources told Daily Trust that Buhari’s budget presentation will follow the approval of the Medium Term Expenditure Framework (MTEF) for 2016 to 2018 by the two chambers of the federal legislature this week.

Buhari and his team, it was gathered, have concluded arrangements for the budget to be presented on that day.

Ahead of the presentation, a team from the executive arm will on Thursday meet the leadership of the legislature to conclude arrangement and agree on the matter, it was further gathered.

Our correspondent reports that Buhari presented the 2016 budget estimates to the National Assembly on December 22 last year, the day the federal legislators proceeded on their Christmas and New Year break.

http://www.dailytrust.com.ng/news/general/buhari-presents-budget-to-n-assembly-dec-6/173716.html#qOV3EBXrT4hBLzXU.99

Re: Buhari Presents Budget To National Assembly December 6 by mKc9ET(m): 5:38am On Nov 29, 2016
2017 budget?
What of 2016 budget ist being completed or have they shared the money?


Abeg they should first give account of 2016 budget we are no more gullible
Guy are not smiling.

9 Likes

Re: Buhari Presents Budget To National Assembly December 6 by ibkgab001: 5:46am On Nov 29, 2016
Should we forget about the padding or not ?

1 Like

Re: Buhari Presents Budget To National Assembly December 6 by Atiku2019: 6:04am On Nov 29, 2016
cry cry cry cry cry
Re: Buhari Presents Budget To National Assembly December 6 by signature2012(m): 6:07am On Nov 29, 2016
When we are still yet to see the effect of 2016 budget.

8 Likes

Re: Buhari Presents Budget To National Assembly December 6 by Boleyndynasty2(f): 6:16am On Nov 29, 2016
Both 2015 budget that was handed over to him by GEJ and his 2016 Budget none was implemented and his talking about 2017 cheesy... I hope this 2017 budget is something realistic not waiting for those recovered loot

10 Likes

Re: Buhari Presents Budget To National Assembly December 6 by FakoMaybach1: 6:20am On Nov 29, 2016
Well if i am going to pray for Nigeria; i think the budget is what i will pray for.

Slow passage and low implementation harms the country a lot...i am no buhari fan but i really need this 2017 budget to succeed .

God Bless Nigeria

3 Likes

Re: Buhari Presents Budget To National Assembly December 6 by kingphilip(m): 8:11am On Nov 29, 2016
And they'll still expect it to be passed on time?? What happens if the budget is presented earlier say early or mid November so that the legislature can pass it into law before year end and implementation kicks off immediately as the year commences..

Now we'll be anticipating passage to be around April to May next year

BTW how about giving us the breakdown of the implementation of the 2016 budget so we know how you guys went about it

1 Like

Re: Buhari Presents Budget To National Assembly December 6 by helinues: 8:12am On Nov 29, 2016
okay oo..

Hope we wont hear new English term this time around .

Dapping, padding, madding e,t,c

3 Likes

Re: Buhari Presents Budget To National Assembly December 6 by Okundaye4(m): 8:12am On Nov 29, 2016
Buhari abeg open door make I tell u something.

13 Likes

Re: Buhari Presents Budget To National Assembly December 6 by LordAdam: 8:12am On Nov 29, 2016
Buhari is MORE CORRUPT than OBJ, Yar'Adua and GEJ combined.

I'll tell you why:

On May 20, 2015, GEJ approved the 2015 Budget. The budget was 4.5 trillion naira.

On May 29, 2015 (9 days later) Buhari was sworn in.

In December 2015, Senate approved 0.57 trillion naira supplementary budget.

In total, Buhari received N5 trillion naira in 2015.

---------------------------------------------------------------------------

On May 6, 2016, Buhari approved the 2016 Budget. The budhet was 6 trillion naira.

On October 25, 2016, Buhari requested for an additional 1 trillion naira supplementary budget. [Considering that the Senate only reduced the main budget from 6.08 to 6.06 despite the public outcry, it's almost certain that Buhari will get this extra 1 trillion in December].

---------------------------------------------------------------------------

In total, between May 29 and today November 29 (18 months--1 yr and 6 months), Buhari has received N11 trillion naira.

My fellow country men and women, aside the

1. N150b monthly wage bill for FG employees (N2.7 Trillion)
2. The N2.5 trillion for debt servicing (in 2015 and 2016)
3. Budget for National Assembly (N150b in 2015 and N115b in 2016 - N265b in total)
4. Budget for Judiciary (N73b in 2015 and N70b in 2016 - N143b in total)
5. Release of N200b for road construction (whether all that money actually went to the contractors, nobody knows).

Which is a total of 5.75 trillion;

What did BUHARI and his merry band of "touch-not-my-anointed" looters use 5.25 trillion naira for?

You cannot have INTEGRITY without ACCOUNTABILITY.

Yet, this VERY CORRUPT man that used 16 SANs to quash a court case requesting for his certificate (when he simply could just dust a copy and provide it in court or release it in the public domain like Obama) is attempting to borrow $30b (N9.5 trillion as at today with official exchange rate) WITHOUT AN ECONOMIC PLAN.

This same UNEDUCATED RIFF-RAFF wants to present a budget in 7 DAYS time, when the 2017 MTEF and FSP that should guide same budget has been lambasted by the National Assembly, high-profile economists, and every right thinking NIGERIAN as been "UNREALISTIC," "NOT TRUTHFUL," and "STUPID."

How can you present a budget when the MTEF and FSP are not being debated on the floor of the Nat'l Assembly (they were sent to a special committee to check through it before it would come to the floor of the House)?

So, this fantastically corrupt Buhari who cannot give account for over N5T, the billions of loots already recovered, cannot provide an economic blueprint for a $29.9b loan, cannot provide a holistic and realistic MTEF and FSP wants to hurriedly bring another N6T budget (most of which will be sourced by borrowing) and Nigerians are just looking at him like hypnotized people.

No president since 1999 has been this FINANCIALLY RECKLESS, ECONOMICALLY INEPT, and SHAMELESSLY CORRUPT!

Shame on the 15 million people that foisted this disaster on 180 million hardworking Nigerians.

-Lord

22 Likes 1 Share

Re: Buhari Presents Budget To National Assembly December 6 by oluxy(m): 8:12am On Nov 29, 2016
Acknowledged!
Re: Buhari Presents Budget To National Assembly December 6 by Amaright(m): 8:12am On Nov 29, 2016
Lolz
Re: Buhari Presents Budget To National Assembly December 6 by eleojo23: 8:13am On Nov 29, 2016
mKc9ET:
2017 budget?
What of 2016 budget ist being completed or have they shared the money?


Abeg they should first give account of 2016 budget we are no more gullible
Guy are not smiling.

Something tells me that massive underground looting is going on in this administration.

Well, we shall know for sure where APC leaves power.

12 Likes

Re: Buhari Presents Budget To National Assembly December 6 by realGURU(m): 8:14am On Nov 29, 2016
what of the 2016 budget , the budget of change,s he finish implementing it?
Re: Buhari Presents Budget To National Assembly December 6 by israelboy1(m): 8:14am On Nov 29, 2016
Funny people

Nigeria is the only country...where the assumed leaders will look for loans.....in the guise to developing the nation....

After which....they will steal this loan again
....


Funny people everywhere

3 Likes

Re: Buhari Presents Budget To National Assembly December 6 by ERODEDEAST(f): 8:15am On Nov 29, 2016
What happened to 2016 Budget?

1 Like

Re: Buhari Presents Budget To National Assembly December 6 by Lanre4uonly(m): 8:17am On Nov 29, 2016
I do hope the 2017 budget would make a positive impact to well-meaning Nigerians.
God bless Nigeria.
Re: Buhari Presents Budget To National Assembly December 6 by Mistermamus(m): 8:18am On Nov 29, 2016
ERODEDEAST:
What happened to 2016 Budget?
looted

1 Like

Re: Buhari Presents Budget To National Assembly December 6 by Oildichotomy(m): 8:18am On Nov 29, 2016
Another Budget is being presented, hope this is the real one and not missing

Idiots in power
Re: Buhari Presents Budget To National Assembly December 6 by chriskosherbal(m): 8:19am On Nov 29, 2016
We are watching...
Re: Buhari Presents Budget To National Assembly December 6 by babamoha(m): 8:21am On Nov 29, 2016
What a country?
We are good at budget presentation but worst at budget implementation.
Re: Buhari Presents Budget To National Assembly December 6 by ERODEDEAST(f): 8:23am On Nov 29, 2016
Mistermamus:
looted
Weldon try again!
Re: Buhari Presents Budget To National Assembly December 6 by seedorfg(m): 8:23am On Nov 29, 2016
we dont want any paddy or padded budget this time around o, to dogara & co ltd...
Re: Buhari Presents Budget To National Assembly December 6 by deolu2000(m): 8:24am On Nov 29, 2016
Mehn food don come again for some ppl,team padding will hv their forks and knieves ready to feast on their favourite meal.
Re: Buhari Presents Budget To National Assembly December 6 by jinneyb(m): 8:25am On Nov 29, 2016
The earlier the presentation, the faster the approval and the earlier the implementation process will kick off.

The 2016 budget is been implemented as majority of the capital projects are ongoing. Recurrent expenditure is also been made too. But they are done steadily and concurrently.

And it'll continue its implementation alongside the 2017 cos it's still within its calendar year of implementation.

Road constructions, agricultural productions, railway constructions, mining sector also in works, power sector uptimization, social interventions etc.

The hardship in the land is just very much, it's very clear, but we will get out of it. It's just a matter of time.

God bless our country.

3 Likes

Re: Buhari Presents Budget To National Assembly December 6 by Wiseandtrue(f): 8:26am On Nov 29, 2016
PMB did not make much headway with 2016 budget. I hope 2017 will record success story. No more excuses please.

Re: Buhari Presents Budget To National Assembly December 6 by oldfoolnigger(m): 8:27am On Nov 29, 2016
Hope them don pad am cheesy
Re: Buhari Presents Budget To National Assembly December 6 by ednut1(m): 8:29am On Nov 29, 2016
after implementing less dan 30% of 2016 budget. No military coup to save us this time around. once chance change grin

1 Like

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