Tuesday, 22 December 2015

SOME POINTS FROM THE 2016 BUDGET PRESENTATION

I have come to the National Assembly not just to address you but also to address the men and women who put us here.

We will recover everything that belongs to Nigeria. No matter where it's hidden. No matter how long it takes.
Newly established Efficiency Unit is working with MDAs to identify areas of waste, duplication of expenses and its bearing fruits.
Oil revenue - 820bn
Non-oil rev (VAT, Customs & Excise ,etc): N1.45 trn
N1.51 trn indepen revenue
N984bn domestic debt
N900 billion foreign debt
$38 oil benchmark
2.2 mn barrels production estimate
Zero-based budgeting approach
New 'Efficiency Unit' for cost-cutting
Tax rate cuts for small biz
Subsidised funding for agriculture and solid minerals
Recruitment of 500,000 graduate teachers
Teacher training colleges back on the forefront.
Buhari apologize to Nigerians for the suffering brought about by the lingering fuel scarcity while partly blaming it on Resistance to change....
Phased Conditional Cash Transfer programme for poorest and most vulnerable citizens, through the Office of the Vice President
School feeding programme to commence
Free education for Science, Tech & education students in tertiary institutions.
I know many people will say, "we have heard this before". Trusting government is at its all time low. Our works will speak for us.
We are here to serve. Nigerians will get the services that they have longed for and truly deserve. We will not fall short.

No comments:

Post a Comment