BNW

 

B N W: Biafra Nigeria World News

 

BNW Headline News

 

BNW: The Authority on Biafra Nigeria

BNW Writer's Block 

BNW Magazine

 BNW News Archive

Home: Biafra Nigeria World

 

BNW Message Board

 WaZoBia

Biafra Net

 Igbo Net

Africa World 

Submit Article to BNW

BNWlette

BNWlette

BNWlette

BNWlette

BNWlette

 

Domain Pavilion: Best Domain Names

Independentng.com homepage - Home of Independent Newspapers Nigeria LimitedIbori asks court to dismiss case

Last Updated: Tuesday, October 26th, 2004 HOME | Previous Page

Implementation of capital budget: The game is on again

When members of the National Assembly emphatically distanced themselves from the people they presumably represent by permitting President Obasanjo to present his regime’s so-called Budget proposal for Fiscal Year 2005, while the nationwide strike was on, some of us thought that they would confront the ruler with a balance sheet of lapses, showing clearly how his performance has fallen short of what could bring succour to the citizenry. To our surprise - did we really have to be surprised, given the antecedents  of the Abuja Legislature?  - it all turned out to be business as usual in the typical legislative fashion we have had since 1999. Lawmakers did not have the courage to drill Mr President on the implementation of Budget 2004.

What we learnt a few days later from some newspaper reports was that National Assembly members belonging to the ruling Peoples Democratic Party (PDP) had actually openly disagreed with President Obasanjo when he claimed at a meeting with the party caucus that the Government had recorded 65 per cent implementation of Budget 2004. A couple of them had told the President to the face that implementation so far was below 40 per cent and that they expected him to buck up. But I doubt very much if he cared a hoot about their observations. It was vintage Obasanjo, the one to whom facts have no sacredness, the one who cares so very little for accuracy of information, the one for whom truth has no significance.

 On Thursday, October 21, it emerged in the course of deliberation  on the 2005 Budget proposal in the Senate that only N71 billion of the N351 billion for capital expenditure in last year’s Budget has been released by The Presidency. That represents 20 per cent implementation of the capital budget for this year. Yet we are already in the last quarter of the year! The excuse is that the Due Process mechanism is being meticulously observed to eliminate fraud. But Nigerians cannot be fooled. People can now understand why Obasanjo and Dr Okwesileze Oby have been loquacious all the time about tens of billions saved through due process.

  What is so glaring is that Obasanjo and his Ministers are in the course of diverting budgetary allocations as they have been doing since 1999 - a fact that caused the former Defence Minister, General Theophilus Danjuma, to resign from the cabinet. They are using Due Process as a ploy to cover up their sinister agenda.This time around, the National Assembly must rise up to the defence of the national good and tell Obasanjo and the looters surrounding him that enough is enough. They should never underestimate what could result from the recklessness with which Obasanjo has mismanaged the resources of this country. Mass poverty in the land today has reached unbearable limits - over 80 million Nigerians are living on less than $1 a day - and Government must be very very careful.

 

Oyela ta Fubara

Otakeme-Ogbia 

 


Copyright� 2004. All Rights Reserved.
Independent Newspapers Limited
Block5, Plot 7D, Wempco Road, Ogba, P.M.B. 21777, Ikeja, Lagos State, Nigeria.
www.independentng.com

e-mail: [email protected]

Designed By

Powered By DNet.




 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BNWlette

BNWlette

BNW News

BNWlette

BNWlette

Voice of Biafra | Biafra World | Biafra Online | Biafra Web | MASSOB | Biafra Forum | BLM | Biafra Consortium

 

 

 

 

 

 

 Axiom PSI Yam Festival Series, Iri Ji Nd'Igbo the Kola-Nut Series,Nigeria Masterweb

Norimatsu | Nigeria Forum | Biafra | Biafra Nigeria | BLM | Hausa Forum | Biafra Web | Voice of Biafra | Okonko Research and Igbology |
| Igbo World | BNW | MASSOB | Igbo Net | bentech | IGBO FORUM | HAUSA NET (AWUSANET) | AREWA FORUM | YORUBA NET | YORUBA FORUM | New Nigeriaworld | WIC: World Igbo Congress