ADVERTISEMENT

‘Nigerians will smile soon,’ Reps member says

Babatunde, who represents the Akoko South East/Akoko South West federal constituency of Ondo State, also urged Nigerians to be patient with President Muhammadu Buhari.

President Muhammadu Buhari delivering the 2016 budget at the National Assembly in Abuja, Nigeria December 22, 2015.

House of Representatives member, Honourable Kolawole Babatunde has said that Nigerians are in for better days if the 2016 budget is well implemented.

Babatunde, who represents the Akoko South East/Akoko South West federal constituency of Ondo State, also urged Nigerians to be patient with President Muhammadu Buhari.

“The 2015 budget could be said not to have impacted on the lives of Nigerians at all. In the first instance, the Capital Component (N557 billion) which was 16 percent of the budget was too low to be effective. Yet, of this amount, less than N200 billion was released,” he said while speaking to journalists in Akure recently.

“While the Recurrent component of the 2015 budget performed in most cases up to over 70 percent, the aspect that would have brought succour to the Nigerian people performed less than 40 percent. Again, there were so many revenue leakages and abuses of budget processes.

ADVERTISEMENT

“For me, the 2016 budget is a budget of optimism. For the first time, the country is having a budget that is not only highest in terms of estimates with N6.08 Trillion, but also it’s the most people oriented in the last few years.

“It is an avenue to provide jobs and make funds available for the small and medium scale businesses which will in turn positively affect the economy. There is also the social welfare package. But there is really no point in estimates that are off mark and dysfunctional.”

Meanwhile, the Peoples Democratic Party has criticized Buhari for the budget saying that the president wants to make Nigerian an indebted nation like Greece.

---------------------------

See Pulse Photo-News gallery below:

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Obama, Clinton support Biden at NYC fundraiser amid protests

Obama, Clinton support Biden at NYC fundraiser amid protests

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Adamawa Police reaffirms ban on motorcycles in Yola

Adamawa Police reaffirms ban on motorcycles in Yola

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

Tinubu appoints Bello as chairman of code of conduct bureau

Tinubu appoints Bello as chairman of code of conduct bureau

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT