Saturday, 12 March 2016

Nigeria- The President redeploys 22 Senior Officials

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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