BUHARI PRESENTS 2016 BUDGET TO NATIONAL ASSEMBLY.




A few minutes ago, the President of Nigeria, Muhammadu Buhari presented the 2016 budget to a joint session of the National Assembly.
This budget presentation is by all standards a rare fit as far as the history of Budget presentation in the country is concerned considering that for the very first time in so many years, the President made the presentation in record time.
According to the President, there is a 223% increase in capital expenditure.
Also, there is a greater focus on Education, Agriculture, Interior and Unemployment.
It is expected that as soon as the Legislature returns from recess, the Budget will be considered. 

Comments

  1. Unknown22 December 2015 at 12:35

    Exactly what we discussed on "Oil" class . Diversification of the nations source of income mainly with Agriculture and other natural resources.
    We are moving to the promise land gradually.

    ReplyDelete
  2. Unknown23 December 2015 at 21:59

    It might take time, but it will certainly happen.

    ReplyDelete

Post a Comment

Popular posts from this blog

The Article About Nothing.

Image
So, after so much dilly dallying on my part, I finally decided to travel on Sunday but then, I had to put up one last show of my genius; I had to confuse "Village People" by announcing that I'd travel on Saturday... My journey was largely uneventful majorly because I was travelling in a bus that had a more than fair share of nursing mothers strutting their respective breasts in a bid to feed their always hungry babies: this of course lacked the capability of interesting me. Well, things took a twist in my rather boring journey as men of the Nigerian Police Force stopped our bus to carry out a thorough check probably because we looked suspicious (I'm guessing this suspicion was stroked by the fact that my eyes were as red as whatever you can imagine as a result of my "highness" and because I wore a black face cap, a black top and a black trousers). I was searched and fortunately for me, I decided to leave my kitchen knife in school, and I had run out of su
Read more

Nigeria at 56: are we cursed or are we the cause?

Image
Apologies to Mr Peter Obi for using this catchy but thought provoking phrase that he used the very first time he contested for the Governorship of Anambra State. Apparently, that question he asked over ten years ago still hangs over not just his Anambra State but Nigeria as a whole. On a Night like this, 56 years ago, there was probably a sickening nostalgia all over the then British Colony which would later become the Country, Nigeria about the endless possibilities that accompany Independence, especially in a Country that is as endowed as ours. Well, Tomorrow will be exactly 56 years since Nigeria attained independent status from Great Britain. At Independence, our founding fathers such as Nnamdi Azikiwe, Ahmadu Bello and Obafemi Awolowo had such lofty goals and dreams for our progress, prosperity: they conceived a Nigeria that would maximize her enormous human capital resources: A Nigeria that would truly cater for the hopes and aspirations of her diverse peoples: A Nigeria that
Read more

The Other Room: The Other Side To It

Image
Yesterday, the President was at his witless and tactless worst. This time, not in Daura but in faraway Germany where in the company of perhaps, the most powerful woman in the world, he stated that his wife, Aisha belongs to "the kitchen and the other room" in response to a question from a journalist on his views about his wife's exclusive interview to The BBC Hausa Service where she implied that the Buhari administration had been hijacked by some anti progressive forces and that she might not campaign for her husband in the event that he decides to seek reelection in 2019. Overtime, most of the President's comments have been unPresidential which might be a good thing considering that his comments affirm his sincerity but on the other hand, his sincere and often unguided comments expose him to incessant attacks by mischief makers(not necessarily well meaning members of the opposition). Needless to say, the President's remarks yesterday have thrown up emergency f
Read more