President Muhammadu Buhari has ordered the redeployment of 22 senior
officials in Nigeria’s budget office following a months-long fiasco that
has delayed the passing of the country’s fiscal plan.
The Nigerian president announced a record budget
in December 2015, laying out ambitious plans to increase capital
expenditure by 20 percent to 6.1 trillion naira ($30.6 billion). Copies
of the budget were delivered in January to both houses of the Nigerian
National Assembly for discussion, but deliberations were delayed after
copies went missing from the Nigerian Senate. When the budget was eventually assessed, huge irregularities were discovered,
such as 5 million naira ($25,000) allocated for the office of the Vice
President Yemi Osinbajo to spend on books and 795 million naira ($4
million) set aside to update the website of one unnamed ministry.
Buhari was elected in March 2015 partially on an anti-corruption ticket and has vowed to reclaim billions of dollars of public funds lost to corruption and mismanagement. What's your take on this? Comment below.
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