Friday, January 15, 2016

Buhari Seriously Angry Over 2016 Budget, To Replace Figures (See Shocking Details)

The case of the so called missing 2016 budget is a very embarrassing episode. We spoke to few persons who should know what is going on and they said Mr President is really angry at the situation and in fact queries have been issued to some persons who have roles to play in the saga.

They knew that President Muhammadu Buhari will not have time to read every single page of the budget and had used that as an excuse to tamper with figures both in the actual budget and the new one.

I have got the shocking figures. See the full details below...

The 2016 budget controversy continued with a fresh N3.9 billion injected into the second version that was said to have been sneaked into the Senate by Ita Enang, Buhari's legislative aide.

On December 22, 2015, the president presented the appropriation bill before a joint session of the NASS and was well received as an expansionary budget aimed at stimulating the economy.

But all that has since changed. Here are alterations to the Old Version of the Budget:



DESCRIPTION
Old Budget (N)
New Budget (N)
Difference (N)

STATE HOUSE – HQTRS (TOTAL OVERHEAD)
2,063,951,770
1,963,951,772
- Reduced by 99,999,998

STATE HOUSE – HQTRS (TOTAL RECURRENT)
3,640,645,629
3,540,645,631
- Reduced by 99,999,998

OFFICE OF THE CHIEF OF STAFF TO THE PRESIDENT (TOTAL ALLOCATION)
2,258,000
27,258,000
- Increased by 25,000,000

OFFICE OF CHIEF SECURITY OFFICER TO THE PRESIDENT (TOTAL ALLOCATION)
3,177,380
28,177,380
- Increased by 25,000,000

STATE HOUSE MEDICAL CENTRE
3,865,629,221
3,890,629,221
- Increased by 25,000,000

STATE HOUSE LAGOS LIAISON OFFICE
126,727,005
151,727,005
- Increased by 25,000,000

OVERHEAD COST (STATE HOUSE)
1,964,893,444
1,864,893,446
- Reduced by 99,999,998

OTHER RECURRENT COSTS (STATE HOUSE)
2,063,951,770
1,963,951,772
- Reduced by 99,999,998

MISCELLANEOUS (STATE HOUSE)
454,145,445
354,145,445
- Reduced by 100,000,000

PURCHASE OF BMW SALOON CARS AND JEEPS (5NOS. EACH)
3,630,000,000
340,000,000
- Reduced by 3,290,000,000

RENOVATION WORK ON 8 NO.BLOCKS OF 16 NO. 2 BEDROOM FLATS
(AT STATE HOUSE SECURITY QUARTERS, ASOKORO “NEW QUARTERS”)
Absent in old budget
254,587,922
- Fresh 254,587,922

WILDLIFE CONSERVATION
326,084,876
115,829,076
- Reduced by 210,255,800

ANNUAL ROUTINE MAINTENANCE OF VILLA FACILITIES BY JBN
Absent in old budget
3,914,197,062
- Fresh 3,914,197,062

CONSTRUCTION AND PROVISION OF RECREATIONAL FACILITIES
764,671,015
- Absent
764,671,015
- Removed

ELECTRICAL INSTALLATION OF DISTRIBUTION BOARDS AND OTHER CABLES
191,592,132
371,733,964
- Increased by 180,141,832

PURCHASE OF 33 SEATER COASTER BUSES
158,000,000
120,000,000
- Reduced by 38,000,000

PURCHASE OF 16 SEATER TOYOTA HIACE COASTER BUSES.
204,000,000
120,000,000
- Reduced by 84,000,000

OFFICE OF THE CHIEF OF STAFF TO THE PRESIDENT (TOTAL OVERHEAD)
0
- Fresh 25,000,000

OFFICE OF THE CHIEF OF STAFF TO THE PRESIDENT (TOTAL RECURRENT)
0
- Fresh 25,000,000

FEDERAL MINISTRY OF SOLID MINERALS (WEBSITE UPDATE)
0
- Fresh 795,234,275

MAINTENANCE OF FME WEBSITE AND PROVISION OF ANTIVIRUS AND PORTAL DESIGN AND DEVELOPMENT FOR NIGERIA EDUCATION MANAGEMENT INFORMATION SYSTEM
15,000,000
273,657,322
- Increased by 258,657,322
Meanwhile, President Buhari's aide to the House of Reps, Sumaila Kawu, has revealed that the president is sure going to make adjustments to the 2016 Budget proposal.

“We made a proposal of $38 per barrel, now it’s $27; so there must be adjustment,” he stressed.

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