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Jonathan's Four Years And Buhari Four Years Budget Comparesim - Politics - Nairaland

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Jonathan's Four Years And Buhari Four Years Budget Comparesim by tc1od: 5:06pm On Oct 10, 2018
Jonathan's Budget. 4 Years.
2011 - N3.9 Trillion
2012 - N3.5 Trillion
2013 -N4.9 Trillion
2014 - N4.6 Trillion
TOTAL - N16.9 Trillion.
Result:
Progress in all Sectors and money in pockets of ordinary people.
Africa's biggest economy. 3rd fastest growing economy in the world.
Buhari's Budget. 3 Years.
2016 - 6.6 Trillion
2017 - 7.8 Trillion.
2018- 9.12
Trillion
Total - N23.52 Trillion.
Result:
1) Recession.
2) Acute Hunger in the Land.
3) Massive looting for Buhari’s re-election.
4) Huge Borrowing and no project to show for it.
5) Economy in comma.
6)Transferring capital projects to next year as they can’t find them.
I'm not an economist, but I understand the meaning of Budget Estimate and Planning. What we have above is akin to two women, house wives living in the same estate under the same extenuating circumstance, whose husbands are colleagues of the same company on the same salaries.
These men give their wives twenty thousand naira and forty thousand naira monthly respectively. Yet the lady who receives 20,000 naira as family upkeep has better groomed home, better fed children, well dressed children, happier husband and a homestead with sounds of joy and happiness unlike the other family.
What you have under this present government is that lots of money is being diverted into private pockets via companies fronting for government officials and officially endorsed by the government.
This is the reason we see lots of movement but no progress. In reality, the movement we see is a routine effort to maintain status quo for official looting to continue. That's why no single high profile government official will be officially reprimanded talk less prosecuted by the EFCC.
Look again at the 2017 Budget figure, then convert the more than $25 Billion cornered (we are not little children) through companies fronting for Buhari's cronies.

9 Likes 3 Shares

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by Throwback: 5:07pm On Oct 10, 2018
You should also remind us of many more.

Yet with such budget we were already borrowing N470b (over $2.5b) just to pay civil servant salaries in Feb/Mar/April 2015, even when crude oil was still selling above $50/barrel?

We refused to pay over $5b that was the FG share of counterpart funding for JV oil projects from 2010 to 2015.

Foreign Reserves that stood at $47b in 2010, reduced to $30b in 2015.

3 Likes

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by profeazy: 5:08pm On Oct 10, 2018
tc1od:
Jonathan's Budget. 4 Years.
2011 - N3.9 Trillion
2012 - N3.5 Trillion
2013 -N4.9 Trillion
2014 - N4.6 Trillion
TOTAL - N16.9 Trillion.
Result:
Progress in all Sectors and money in pockets of ordinary people.
Africa's biggest economy. 3rd fastest growing economy in the world.
Buhari's Budget. 2 Years.
2016 - 6.6 Trillion
2017 - 7.8 Trillion.
Total - N14.4 Trillion.
Result:
1) Recession.
2) Acute Hunger in the Land.
3) Massive looting for Buhari’s re-election.
4) Huge Borrowing and no project to show for it.
5) Economy in comma.
6)Transferring capital projects to next year as they can’t find them.
I'm not an economist, but I understand the meaning of Budget Estimate and Planning. What we have above is akin to two women, house wives living in the same estate under the same extenuating circumstance, whose husbands are colleagues of the same company on the same salaries.
These men give their wives twenty thousand naira and forty thousand naira monthly respectively. Yet the lady who receives 20,000 naira as family upkeep has better groomed home, better fed children, well dressed children, happier husband and a homestead with sounds of joy and happiness unlike the other family.
What you have under this present government is that lots of money is being diverted into private pockets via companies fronting for government officials and officially endorsed by the government.
This is the reason we see lots of movement but no progress. In reality, the movement we see is a routine effort to maintain status quo for official looting to continue. That's why no single high profile government official will be officially reprimanded talk less prosecuted by the EFCC.
Look again at the 2017 Budget figure, then convert the more than $25 Billion cornered (we are not little children) through companies fronting for Buhari's cronies.

I tell you! This government makes clueless look like a phd degree!

6 Likes

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by seanfer(m): 5:09pm On Oct 10, 2018
OP Where is the 2015 Budget? Oh sorry I forgot it was used for election campaign...

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by StillX10(m): 5:09pm On Oct 10, 2018
And some people are still eager to vote this 75years old failure

4 Likes

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by Rapoo(m): 5:15pm On Oct 10, 2018
a man way no sabi, no sabi. no matter the amount of resources at his disposal, he'll still not deliver and Feb 2019 is the appointed time to change man way no sabi and bring man way sabi create jobs.

be atikulate.

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by haconjy(m): 5:15pm On Oct 10, 2018
Comparing a living being with lifeless animal...

4 Likes

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by gurunlocker: 5:16pm On Oct 10, 2018
seanfer:
OP Where is the 2015 Budget? Oh sorry I forgot it was used for election campaign...

Who govern more in 2015? I believe you know we do pass budget late in Nigeria? So your comment is baseless.

3 Likes

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by speedyGonzales: 5:21pm On Oct 10, 2018
it is just atrocious

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by seanfer(m): 5:23pm On Oct 10, 2018
gurunlocker:


Who govern more in 2015? I believe you know we do pass budget late in Nigeria? So your comment is baseless.

The 2015 Budget was prepared by the last Administration... Why not include the figure and let us compare instead of misleading the public with half truth... The 2015 was passed by which Administration?
Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by tc1od: 5:41pm On Oct 10, 2018
seanfer:


The 2015 Budget was prepared by the last Administration... Why not include the figure and let us compare instead of misleading the public with half truth... The 2015 was passed by which Administration?
and was spend by which administration ?

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by seanfer(m): 6:16pm On Oct 10, 2018
tc1od:

and was spend by which administration ?

Why are you people just like misleading the public?... I’m sure if by next year PMB is voted out and you’re comparing the budget you will surely add 2019 for PMB... It shows you people are just haters
Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by Maghan37: 6:36pm On Oct 10, 2018
tc1od:
Jonathan's Budget. 4 Years.
2011 - N3.9 Trillion
2012 - N3.5 Trillion
2013 -N4.9 Trillion
2014 - N4.6 Trillion
TOTAL - N16.9 Trillion.
Result:
Progress in all Sectors and money in pockets of ordinary people.
Africa's biggest economy. 3rd fastest growing economy in the world.
Buhari's Budget. 3 Years.
2016 - 6.6 Trillion
2017 - 7.8 Trillion.
2018- 9.12
Trillion
Total - N23.52 Trillion.
Result:
1) Recession.
2) Acute Hunger in the Land.
3) Massive looting for Buhari’s re-election.
4) Huge Borrowing and no project to show for it.
5) Economy in comma.
6)Transferring capital projects to next year as they can’t find them.
I'm not an economist, but I understand the meaning of Budget Estimate and Planning. What we have above is akin to two women, house wives living in the same estate under the same extenuating circumstance, whose husbands are colleagues of the same company on the same salaries.
These men give their wives twenty thousand naira and forty thousand naira monthly respectively. Yet the lady who receives 20,000 naira as family upkeep has better groomed home, better fed children, well dressed children, happier husband and a homestead with sounds of joy and happiness unlike the other family.
What you have under this present government is that lots of money is being diverted into private pockets via companies fronting for government officials and officially endorsed by the government.
This is the reason we see lots of movement but no progress. In reality, the movement we see is a routine effort to maintain status quo for official looting to continue. That's why no single high profile government official will be officially reprimanded talk less prosecuted by the EFCC.
Look again at the 2017 Budget figure, then convert the more than $25 Billion cornered (we are not little children) through companies fronting for Buhari's cronies.
U would have been right if only u have accounted for the fall in the naira
Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by nnachukz(m): 7:26pm On Oct 10, 2018
seanfer:


Why are you people just like misleading the public?... I’m sure if by next year PMB is voted out and you’re comparing the budget you will surely add 2019 for PMB... It shows you people are just haters
The present administration implemented the budget and even got an extra N2tr.

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by seanfer(m): 7:28pm On Oct 10, 2018
nnachukz:

The present administration implemented the budget and even got an extra N2tr.

And past Administration didn’t spend out of it still?
Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by temptnow: 7:30pm On Oct 10, 2018
Thank God atiku is here, Oya make una DAB

1 Like

Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by Yankee101: 7:33pm On Oct 10, 2018
Na person wey go school and school go through am be this. Good job my guy. All any right thinking person has to do is compare budgets, FX exchange, price of crude oil, barrels sold, projects initiated, un/employment, GDP growth rate etc
Re: Jonathan's Four Years And Buhari Four Years Budget Comparesim by Aquilazng(m): 11:13pm On Oct 10, 2018
Remove olodo pickin from Lasu to covenant, he will still fail

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