Tag: 2016 Budget

FG Says Proceeds From Sale of Nigeria’s National Assets To Fund 2016 Budget

The Federal Government, on Saturday, said the proceeds from the sale of some of the country’s national assets would be used to fund the expenditure of government as contained in the 2016 budget. It said while the government had mapped out key infrastructural projects that would support its economic diversification[Read More…]

Complete Text of President Buhari’s Speech At Signing of 2016 Budget

1. It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assembly, in particular, the Senate President and the Speaker of the House of Representatives, and indeed all members of the National Assembly for their cooperation[Read More…]

Breaking: Buhari Finally Signs 2016 Budget

The President has assented to the 2016 budget. He did it in the presence of the Vice President, Professor Yemi Osinbajo, and the chairmen of the National Assembly appropriation committees who had arrived the Presidency for the signing ceremony. Today’s event comes after the National Assembly submitted a clean copy[Read More…]

Buhari Vows To Severely Punish All Those Involved In The ‘Padding’ of The 2016 Budget

President Buhari has vowed to severely punish all those involved in the ‘padding’ of the 2016 National Budget. According to a statement by presidential media aide, Femi Adesina, Buhari said this while addressing the Nigerian Community in Saudi Arabia yesterday February 23rd. “The culprits will not go unpunished. I have[Read More…]

The Road to 2017 Budget By Pius Adesanmi

What the creatives prepared by Budgit – the social conscience outfit that has become the nemesis of even the most ingenious yam eater in Nigeria – on President Buhari’s 2016 Federal budget is to ensure that even members of NURTW can discuss the said budget at Agodi motor park in[Read More…]

Olusegun Adeniyi: Nigeria’s 2016 Zero Budget!

It was just about three weeks after I assumed office as Spokesman to the late President Umaru Musa Yar’Adua in 2007 when I received a memo from the office of the Permanent Secretary, State House, seeking the input of my department for the 2008 budget that was under preparation. Because[Read More…]

Saatah Nubari: 2016 Budget & The Appropriation For Federal Ministry of Transportation #SaatahBudgetSeries

This is the fourteenth piece in the #SaatahBudgetSeries. If you are yet to go through the proposed 2016 budget because of how voluminous it is, fear not. I have taken it upon myself to go through every page in the 1810 page document, and bring to your attention some provisions[Read More…]

Budget 2016: Buharinomic Boom or Doom? By Taju Tijani

The universal euphoria and political triumphalism of President Mohammadu Buhari is entering its most severe storm as he tries to gain more altitude with the Nigerian public. Nowhere will his messianic vision and economic wizardry be tested than in the sepulchre of the 2016 budget. Insinuations from cynics are calling[Read More…]

Why I Made Changes To 2016 Nigeria’s Budget – Buhari Explains

President Muhammadu Buhari on Tuesday explained why corrections had been made to the details of the 2016 budget as presented on December 22, 2015 before the National Assembly. His reasons were contained in a letter to the House of Representatives as read by the Speaker, Yakubu Dogara in Abuja. The[Read More…]

Saatah Nubari: Budget Analysis, Focus On The Federal Ministry Of Defence #SaatahBudgetSeries

This is the second piece in the #SaatahBudgetSeries. In the first piece, I analysed the budget for the Presidency and brought to your attention areas I felt would be of interest to you. Today, I’ll be analysing the budget for the Federal Ministry of Defence. Bearing in mind that Nigeria[Read More…]