FINANCE

Non Existent Offices On Budgetary Allocations {1}

<p><em>Non existent offices in the presidency on budgetary allocation causes ripples<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that there are non existent offices in the presidency that are on budgetary allocation&period;<br &sol;>&NewLine;This online medium gathered that the development is causing tension in the public with analysts calling for a review of government’s direction&period;<br &sol;>&NewLine;The Nigeria 2021 budget of N13&period;6 trillion&comma; about &dollar;35&period;66 billion&comma;  that contains some of these financial infractions through non <strong>existent<&sol;strong> offices&comma; was approved on December 22&comma; 2020 by the National Assembly&period; The budget has assumptions of 3&percnt; annual economic growth&comma; oil prices of &dollar;40 a barrel and 1&period;86 million barrels a day of crude production&period;<br &sol;>&NewLine;In a face book post titled &OpenCurlyDoubleQuote;Corruption Everywhere&comma;” a concerned Nigeria &lbrace;Name withheld&rcub; wrote&colon;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;How do you even explain this that newly laid rail tracks are stolen&quest; <&sol;em><br &sol;>&NewLine;<em>Can anyone understand this&quest; <&sol;em><br &sol;>&NewLine;<em>But are the thieves worst than those who steal our funds before they get to their budgeted locations for more rail tracks or for good roads&comma; hospitals and education&quest; <&sol;em><br &sol;>&NewLine;<em>Consider those who die on our roads and under our corruption ridden health systems&period; <&sol;em><br &sol;>&NewLine;<em>Thieves from top to down&period; <&sol;em><br &sol;>&NewLine;<em>Even inside the villa&comma; the non-existent office of the Chief Economic Adviser to the president has been receiving budgetary allocations in the last five years&period; <&sol;em><br &sol;>&NewLine;<em>I don’t think even PMB knows or cares who has been chopping the money&comma; over N116m so far&period; <&sol;em><br &sol;>&NewLine;<em>There is another N46m in this year’s budget&period; Check NNPC&period; <&sol;em><br &sol;>&NewLine;<em>The local thieves take the rail tracks&comma; the politicians&comma; the civil servants and everyone&comma; including your mechanics and tailors just want to take a bite at anyone in sight&period; <&sol;em><br &sol;>&NewLine;<em>The police&comma; military&comma; contractors just name it&comma; including those privileged in the media and within the anti-corruption agencies are just taking bites in their corners&period; <&sol;em><br &sol;>&NewLine;<em>Different colors of the same problem exist in religious houses&period; <&sol;em><br &sol;>&NewLine;<em>How did we get here really&quest;<&sol;em><br &sol;>&NewLine;<em>If you add up insecurity and incompetence in leadership&comma; the high cost of governance &lpar;bogus National Assembly&comma; nearly one thousand federal MDAs and some 30 or more unviable states&rpar; and the dwindling revenue sources&comma; you know we need very urgent measures before we see Afghanistan here&period;”<&sol;em><&sol;p>&NewLine;<p><strong><em>The non existent offices with budgetary allocation series continues<&sol;em><&sol;strong><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Openlife Reporter

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