- Have any questions?
- [email protected]
#Budget2018 shows a lack of agenda by this administration and here’s why
I am not Lazy, so why don’t I vote?
9 July 2018
The problem with the Nigerian Police is institutional and state police isn’t the solution yet
12 July 2018by Usman Alabi
Analysis
It is important that citizens know the details of the National budget, especially in simple easy to read info graphics. This not only informs the citizens but also stimulates them towards taking action based on the information they have.
The 2018 budget is the highest in the history of Nigeria at N9.12trn. Yet the capital expenditure is just about 30 percent of the the entire budget, which still points to the fact that the cost of governance still remains excessively high.
Source: Budget Office Of the Federation
A look through the above info-graphics also show that the country is spending more on security, Ministry of Power, Works and Housing; these two ministries are perennial culprits, both Ministries in the previous years also had one of the highest budgetary allocations. Yet this annual increased budget spending has little or no impact on the lives of the people. Power has not fared better, with the power grid collapsing at various times in the course of the year, same applies to road infrastructure. In terms of security, the ministry of defence has not in anyway justified her humongous allocation as the security of lives and properties is completely non existent.
The education sector is key to every country that is deliberate and serious about development, but the budgetary allocation to the sector cannot leapfrog it to the desired state.
Overall, the annual budget does not in anyway show that the present administration has a comprehensive agenda of development than the usual tradition that has been before now. The budget does not show that the government has a priority that is evidence based.
One would have expected that at the inception of this administration, an economic plan contingent upon a well debated agenda would be initiated, which then becomes visible in the pattern of budgetary allocations. This economic plan itself would be expected to redefine budget making and implementation, but in the absence of this, what we have is the usual continuum.
It was an avoidable recession at the beginning of this administration and now we are ending this tenure as the country with the highest number of poor people, with about 87 million people living in extreme poverty according to Brookings.
Source: Budget office of the Federation
There is an urgent need to fashion out a structure of government that is less expensive as well as rework our budgeting system. For this to happen, there need to be more thinking in government than we currently have.
16 Comments
I got this web site from my pal who told me about this web site and at
the moment this time I am visiting this website and reading very informative articles at this
time.
Good day! I know this is kinda off topic but I was wondering which blog platform are you using
for this website? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at alternatives for another platform.
I would be awesome if you could point me in the direction of a good
platform.
I have been surfing online more than three hours as of late, but I by no means found any
interesting article like yours. It’s lovely
price enough for me. In my opinion, if all webmasters and
bloggers made just right content material as you probably did, the internet will
be much more helpful than ever before.
Having read this I believed it was rather
informative. I appreciate you finding the time and energy to put
this short article together. I once again find myself
personally spending a significant amount of
time both reading and posting comments. But so what, it was still worth it!
Pretty nice post. I just stumbled upon your blog and wished to say that I’ve truly enjoyed surfing around your blog posts.
In any case I’ll be subscribing to your rss feed and I
hope you write again very soon!
Heya i am for the first time here. I found this board and I find It truly useful & it helped me out
much. I hope to give something back and aid others like you helped me.
As the admin of this website is working, no question very rapidly
it will be famous, due to its feature contents.
certainly like your web-site but you need to
check the spelling on several of your posts. Many of them are rife
with spelling issues and I find it very troublesome to inform the reality on the other hand I’ll surely come
back again.
Wow that was strange. I just wrote an extremely long comment but after I
clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Regardless,
just wanted to say great blog!
Great weblog here! Additionally your web site loads up fast!
What host are you using? Can I am getting your affiliate link for your host?
I wish my site loaded up as quickly as yours lol
An impressive share! I have just forwarded this
onto a co-worker who had been conducting a little research on this.
And he actually bought me dinner due to the fact that I found it for him…
lol. So allow me to reword this…. Thank YOU for the meal!!
But yeah, thanks for spending time to discuss this subject here on your
website.
Peculiar article, totally what I wanted to find.
If some one needs to be updated with most up-to-date technologies therefore he must be go
to see this website and be up to date daily.
Excellent site. Lots of useful info here.
I’m sending it to several buddies ans additionally sharing in delicious.
And naturally, thanks to your effort!
Hmm is anyone else encountering problems with the images on this blog
loading? I’m trying to figure out if its a problem on my end or if it’s the blog.
Any responses would be greatly appreciated.
Highly energetic article, I liked that a lot. Will there be a part 2?