Skip to main content

Buhari orders reduction of recurrent expenditure in 2016 budget


President Muhammadu Buhari
President Muhammadu Buhari on Monday ordered the National Planning Commission to go back to the drawing board and produce the framework for the 2016 national budget that will reduce recurrent expenditure and prioritise developmental projects.
Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement made available to journalists.

Shehu said the President gave the order after receiving a briefing from the Executive Secretary of the commission, Dr. Bassey Akpanyung, at the Presidential Villa, Abuja.
He said the President told Akpanyung and the directors of the NPC that capital projects must now be given priority because Nigeria cannot achieve real development without adequate investment in capital and infrastructural projects.
“In carrying out its role in surveillance of the economy, review and appraisal of policies, the commission should devise a plan for a realignment of the budget so that capital projects can be really prioritised,” the President directed.
The executive secretary of the NPC had informed the President that Nigeria’s planning system was beset by many challenges.
These challenges, he said, included the non-alignment of national plans with the annual budget and inadequate capacity in the departments of planning, research and statistics in the various government ministries.
He later told State House correspondents that he used the opportunity of the meeting with the President to inform him that the commission had on the ground a perspective plan, the national Vision 20:20
He said the commission was in the process of developing a medium term plan to cover Vision 2016 to 2019 which would address the core elements of the present administration’s priorities.
“Of course, we sought the President’s support for the articulation and finalisation of that document because his pronouncement on it will assist us in rapidly doing so.
“Planning, like I said, will make it effective from 2016 to 2019.
“So, we should be working very seriously to pick out the elements that will form the document.
“The core areas: security, the areas of diversification, the area of restabilising the polity, the micro economic situations that are going to be addressed.
“Of course, we can’t forget the issues of unemployment and agric in the real sectors. These are the areas that will drive and ensure that the employment situation is improved upon and that will reduce the poverty level,” he added.
Meanwhile, the Senate ad hoc committee on Legislative Agenda has proposed a 40 per cent capital vote and 60 per cent recurrent expenditure for the next national budget that would be brought before the National Assembly by the President Muhammadu Buhari administration.
This proposal formed part of the recommendations contained in the report of the Senate ad hoc committee, headed by the Senate Leader, Senator Ali Ndume, which was inaugurated in June.
The committee was set up by Senate President, Bukola Saraki, to project an holistic approach to legislative proceedings and processes that would engender good governance, reduce cost of governance and tackle corruption, among others.
Investigations by our correspondent on Monday revealed that the committee had concluded its sitting last week and had produced a copy of the report that would be laid on the floor of the Senate any time this week.
Post a Comment

Popular posts from this blog

U.S. Military Helicopter Crashes In Iraq On Thursday, Killing 7 People On Board

One of the U.S. military helicopter in Iraq has crashed after hitting a power line in Iraq's western Anbar province, killing all seven personnel aboard.

According to a statement from Pentagon this morning, the officials said the crash of the HH-60 Pave Hawk helicopter occurred Thursday afternoon near the town of Qaim.

"All personnel aboard were killed in the crash," Brig. Gen. Jonathan P. Braga, director of operations, Combined Joint Task Force - Operation Inherent Resolve, said in a statement.

"This tragedy reminds us of the risks our men and women face every day in service of our nations," he said. "We are thinking of the loved ones of these service members today."

The statement further said;

Wife Of Donald Trump Junior Files For Divorce

(Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.

Vanessa Trump, a former model and actress, and Trump Jr. said in a joint statement on Thursday: "After 12 years of marriage, we have decided to go our separate ways."

The statement was provided by the Trump Organization, the president's business empire, which his son helps manage.


Further details were not immediately available on the uncontested divorce filing by Vanessa Trump in a New York state court. She and Trump Jr. have "enormous respect" for each other, according to the joint statement, which also asked for privacy.

Prison Officers Secretly Move Charles Okah To Borno Prisons After Life Sentence

Charles Okah, the brother of the leader of the Movement for the Emancipation of the Niger Delta (MEND), who was given a life sentence for terrorism, has been secretly moved from Kuje Prisons, Abuja, to one of the prison facilities in Borno State, THISDAY has learnt.

Worried about his seeming familiarity with the prison environment and the officers at the Kuje Prisons, the authorities of the Nigerian Prison Service (NPS) last Tuesday transferred him quietly.