Wednesday 17 May 2017

2016/2017 BUDGET WAS OPENLY PADDED WITH THE SUM 10BILLION NAIRA

 2016/2017 BUDGET WAS OPENLY PADDED WITH THE SUM OF 10 BILLION

The 2015/2016 budget suffer a serious set back from the hand of the speaker of house of representatives and his subordinate due to a critical and vague  additional jaw-dropping amount that can't be explained running into billions of Naira accrued to constituency project without the concept of president Muhammad Buhari.

With so much investigation, at the end of it, every document and evidence were dump in a paper waste basket and that is the end of the allegation, the whistle blower now is suffering from blowing a trumpet instead of a whistle. 2015/2016 budget feasibility was still in drab no one could explained the trillion was expended.

The 2016/2017 budget as logically suffer the same fate, as the 2015/2016 suffered unnoticeable, after 145 billion Naira was approved, then the senator now inflated it by right, since there is nobody to question the inflation. well we the masses were not bothered about the increase but how can they get back to poor masses that voted in the office.

There budget lacks much credibility and it fails to capture many item like minimum wages and some stringed benefits, looking at blue print and framework of the budget, it looks like Nigeria wants to run deficit budget. which is not good for the economy of Nigeria as whole.

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