Yesterday, the Nigerian National Assembly announced the suspension of the deadline date initially set for the passing of the 2016 budget appropriation bill. The budget, which has been deliberated upon by the National Assembly for the past week, contains different anomalies and inconsistent figures. The integrity of the budget, and the people who prepared it, has been questioned as an indictment on the “change” mantra promulgated by Nigeria’s present administration. The deadline for passing the budget was the 25th of February, but now that it has been suspended, it seems the original fear that its implementation would be delayed is looking quite likely. It would appear that every sector represented in the budget will now have to review its allocations.
This latest furore surrounding Nigeria’s budget is the latest in a long list of related issues. The “lost but found” budget episode in January this year was quickly followed by its withdrawal and re-presentation to the National Assembly by President Muhammadu Buhari. Then hot on the latter’s heels was the issue of the National Assembly’s decision to keep its allocation in the 2016 budget a mystery, an act which made Nigerians cry out in protest, lending more strength to the hashtag #OpenNASS on twitter. It seems that, finally, Nigerians have woken up to one of their rights in a democracy i.e. the close monitoring given to the openness of the budget.
However, this latest problem seems to trump the others because it questions the competence and credibility of President Buhari and his appointments (that took him months to make in the first place because, ironically, he wanted to choose credible and competent people). There were inflated budget allocations for some ministries, while some figures were repeated so many times some Nigerians began to wonder if there was an actual Ministry of Budget and National Planning in the country. Buhari’s acclaimed 2016 ‘budget of change’ has now been termed a ‘budget of corruption.’
President Buhari, through his spokesperson, called the budget manipulation the work of the “Budget Mafia”, whatever that means. However, the state clinic for President Buhari’s presidential villa, Aso rock, will receive more allocation than the Federal Hospitals in the rest of the country, which means the president’s inner caucus is not excused from blame. There’s also the case of the “house rent” for the Aso Rock in the budget.
If Buhari claims non-complicity in the inconsistencies in the budget, perhaps he should sack everyone working with him in the State house. Similarly, ministers of sectors like Health and Education, when asked to defend their federal allocations in the budget at the National Assembly, disowned the content of their ministries allocation claiming that was not what was written down originally. This has left many wondering if it was done by a ghost bent on indirectly revealing the deep, deep rot in Nigeria’s public system.
Since there has never been any confusion with budget implementation in Nigeria’s democratic history, is this present misunderstanding fueled by the peculiarity of the present time? To many, President Buhari has become a some sort of anti-corruption ‘punisher’ since his inauguration. Are these present budget revelations a result of the transparency promised by the reformed democrat, exposing the still corrupt officials scattered in Nigeria’s public system, the ones he didn’t know about? Or have Nigerians just been pawned? It is yet to be seen how President Buhari will redeem his image in the eyes of Nigerians, because, despite his stance on corruption, it appears that Nigerians have been sold dreams.
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Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts
Wednesday, February 10, 2016
Thursday, April 12, 2012
Jonathan to sign 2012 budget today
PRESIDENT Goodluck Jonathan will assent to the 2012 Appropriation Bill today, having apparently resolved his differences with the National Assembly on the matter which has delayed its signing since being passed by the legislature.
The signing of the N4.7 trillion budget will take place in the State House, at a ceremony expected to be witnessed by leaders of the National Assembly, ministers and other top officials of government.
The president had been reluctant to append his signature to the document, because of the changes made by the National Assembly to the original estimates he submitted to the lawmakers for their consideration and approval.
Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, had given reasons President Jonathan was yet to sign the budget, telling State House correspondents after a meeting of the National Economic Management Team that government was studying the details because of the changes made by the legislature.
She had revealed that the executive would meet with the leadership of the National Assembly to find a common ground on the areas where there might be differences.
Pressed to point out the specific areas of differences, the minister said an example was the crude oil benchmark eventually adopted by the lawmakers.
According to her, “obviously, the first one is the benchmark price that went from $70 to $72, which we have looked into. We are still ending up with fiscal deficit that is reasonable and under three per cent and reduced debt, that is okay.”
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