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Breakdown Of Buhari’s N8.6 Trillion 2018 Budget

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Buhari

President Muhammadu Buhari on Tuesday formally presented an N8.6 trillion 2018 budget to a joint session of the National Assembly.

The budget is dubbed ‘budget of consolidation,’ the budget was about 16 per cent increase from the N7.44 trillion appropriated in 2017.

the breakdown include:

– oil price of $45 per barrel and

– an estimate of 2.3 million barrels per day.

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– an exchange rate of N305 to $1,

– Real Gross Domestic Growth of 3.5 per cent and

– Inflation rate of 12.4 per cent.

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11 Comments

11 Comments

  1. Iniobong Robert

    November 7, 2017 at 8:24 pm

    dis money will finish in 5 month

  2. Edet Paul

    November 7, 2017 at 7:19 pm

    Where buhari want go with this type of money with him age? 2015 budget nothing has been don 2016 budget nothing has been done 2017 budget nothing has been done now 2018 haba were u De go with all this money with your age

  3. Folarin Aje

    November 7, 2017 at 7:07 pm

    Tell Nigerians the positive impact of 2017 Budget on the average Nigerian To my mind the budget is essentially for those in Government and this constitute a tiny minority

  4. Ik Brown Brown

    November 7, 2017 at 7:00 pm

    zooool

  5. Obysequence Obinna

    November 7, 2017 at 6:07 pm

    it has no meaning d budget is for governors nt poormarses

  6. Humphrey Okeke

    November 7, 2017 at 5:53 pm

    Nonsense budget of chop and chop full of scammers

  7. E J Chris Benson

    November 7, 2017 at 5:48 pm

    they will still share same budget between themselves it is only the fools that believes those idiots called politicians all of them.

  8. Wisdom Ogboi Ojei

    November 7, 2017 at 5:46 pm

    Thank God for using doctor momoh to save me from deadly hepatitis b virus with herbal medicine for more like ulcer, cancer,athsma call him on +2349065092740

  9. Benbiafra Uche

    November 7, 2017 at 5:38 pm

    Late Boko Haram immbecelic buhari, or Kamal jimbrin from Sudan????????? No refferandum no election in all part’s of Biafran land beginning with anambra state election come November 18/2017.insha allah.

  10. Muhammad Umar

    November 7, 2017 at 5:38 pm

    A budget of hope for every good Nigerian

  11. Christopher Ochini

    November 7, 2017 at 5:36 pm

    Ok

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Politics

Imo: My Govt Is Not Made Up Of Looters — Uzodinma

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Following ongoing report that the administration of Governor Hope Uzodinma is made up of looters, the Executive Governor of Imo state has denied the report.

The denial was contained in statement dated 18th February, 2020 released by his Chief Press Secretary, Oguwike Nwachuku.

The newly sworn-in governor said his government is made of God fearing men and that rumors of ongoing looting in the government house is untrue.

Read the statement below;

The government of Imo State under Senator Hope Uzodinma is made up of credible Imo sons and daughters who have zero tolerance for criminality.

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The government is proud of such personnel who have the fear of God and are solely committed to the service of the good people of Imo State.

The rumour, therefore, making the sounds on alleged looting in Imo State Government House is nothing but a lie from the pit of hell.

The rumour is engineered by members of the previous administration and their agents who are experts in assets stripping. They are yet to come to terms with the fact that the era of looting of government property is gone forever with their ouster from government.

Because criminals will always be criminals, they are seeing in the planned review of the case the sacked Emeka Ihedioha’s administration took before the Supreme Court and the adjournment as another window of opportunity to cause disaffection.

Unfortunately, they did not know that they were only reminding Imo people of what they are noted for i.e. looting of public funds and assets stripping of government property.

Under the government of Senator Uzodinma Imo people are happy that the looters they saw yesterday they will not see again today.

Governor Uzodinma does not only have confidence in the staff he has assembled to work with him, he also has implicit confidence in the entire Imo State work force and together they are working to ensure that Imo people are made prosperous.

Those who are alleging looting of government property should therefore have their heads examined or better still have a rethink in their own interest.

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Politics

APC Now A Funny Organization Under Oshiomhole ⁠— Ex-SGF, Babachir Lawal

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Babachir Lawal

Babachir Lawal, the former secretary to the government of the Federation (SGF) has described the All Progressives Congress (APC) as a “funny organisation” under the leadership of Adams Oshiomole as the National Chairman of the party.

While addressing newsmen over the weekend, Babachir Lawal alleged that the north has lost its priviledge in the APC following the suspension of Lawal Shaibu and Inuwa Abdulkadir who are the national Vice-Chairmen of the party in the north and north-west respectively.

He said: “This APC is funny, as we speak, the chairman and his loyalists have suspended the deputy national chairman (north), the whole north, the chairman, national vice-chairman (north-west) which is the largest geographical zone with seven states has been suspended, he is no longer attending national working committee meeting.

“The national secretary of the party who is from the north, from Yobe, has left to become governor of Yobe state as we speak, there is no firm decision to his replacement.

“For more than one year or so. A very substantial part of the country is not represented in the decision making.”

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Babachir further alleged that Oshiomhole does not involve prominent members of the party in decision-making.

He said: “I’m quite close to members of the NWC, they always complain about not being carried along so the chairman of a party is not an executive president where whatever you say is, you need to carry everyone along.

“That is the essence, a national vice-chairman north-east for example, he is for north-east and there are things unique to the area which he is aware of, which his own exco has brought to him for processing at the national secretariat. If he does not get the proper hearing and opportunity to present those things they are disenfranchised.”

Reacting on the reconciliation panel that was composed to resolve differences among warring members, the former SGF wondered what the panel led by Bisi Akande will achieve as he insisted that it is better for politicians to cut their losses and nurse their wounds rather than be reconciled.

Babachir Lawal said, “In politics, sometimes it is better not to reconcile, somebody must lose out.

“First of all there has to be confidence restored in the NWC that they capacity to be impartial and fair in the decisions they take on behalf of party members. As I speak I don’t think there is any APC member that can confidently tell you that he expects the NWC to be fair and just in some of the cases because we lost election on account of this.”

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Politics

Bayelsa: Keyamo Hails Supreme Court Verdict, Blames APC For Lyon’s Loss

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Keyamo

Festus Keyamo, the minister of state for labour and employment, has blamed the All Progressives Congress (APC) for losing to Peoples Democratic Party (PDP) in Bayelsa state.

Recall that the Supreme Court on Thursday sacked David Lyon and Sen. Biobarakuma Degi-Eremienyo, as the governor and deputy elect in the Nov. 16, 2019 governorship election in the state.

Keyamo who made this known on Thursday, February 14, while reacting to the apex court judgment on the election in the state, commended the court for being firm and resolute.

“The S/Court has been firm & resolute so far regarding pre-election cases & Election Petitions. I commend their lordship.

“As a party, we have to look at our own internal mechanisms that make us give our victories needlessly away to the opposition & take appropriate actions,” Keyamo wrote on Twitter.

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