Taming the Monster in the #Nigeria Budget System
Oludotun Babayemi
December 27, 2016
The most important factor for economic development is not capital, but appropriate policies and institutions
If Nigeria’s population is the 7th largest in the world, and we really, want to grow, then we must not be doing 7.29 trillion Naira, as our budget (Just before you say, it’s only the federal budget, even if you average what the state, and local government present, as budget, it is still not worth it). That’s a paltry 23.9 billion dollars, see below, what the top 10 countries with the highest population, budget for their citizens, at the “federal” level. Coming down home to Africa, Angola with a population of 25 million, has a budget of 38.53 billion dollars. I will advise we start thinking about reducing our population growth – 2 per woman will be most reasonable, at this time, if we “really” want to grow! Japan has done it before, and I am saying, there is no reason why we cannot grow within this top 10 populated countries, it will take time, but we must be decisive, and serious!
2015 budget estimates for other countries are from the Central Intelligence Agency World Fact Book. The Nigeria Budget estimate is the 2017 proposed figure in the appropriation bill.
In the breakdown of the Nigeria 2017 budget, it is expected that only 30.7% will be available for the provision of basic amenities and infrastructures – health facilities, schools, roads, water, while about 40% will be provided for overhead expenses – salaries, travels, office expenses et al. The success of any business in the world lies in its people, and I also mean PEOPLE working in the various government institutions – executive, legislature and judiciary. Ideally, their business is to implement government agenda, policies, projects and programme, but in Nigeria, their performance is appalling. Although this sector employs a larger percentage of employed people, the numbers cannot account for the value it can create. Just as the numbers of ministries were reduced by the Buhari led government, can it also “significantly” reduce the number of people in the public sector, so as to reduce overhead expenses to 20% of the government budget. All Joe Abbah, and the bureau of public service reforms need do, to perform effectively, is to embrace technology and uphold strict staff performance management (and just before you will say, where should the retrenched go – read my blog, on the rice economy or get to the last paragraph). In Nigeria, most people in the public service which comprise of the executive, legislative, and judiciary in federal, state and local government, got to the position, in the spirit of “clientelism”. “They have just finished recruiting in the Nigeria Police, but leave story, they only chose senators, house of reps families and you know the oga at the tops people” affirmed my friend in the Nigeria Police. This needs to stop if we really want to grow!
Many developed and developing countries are still working towards linking performance to public expenditures framework or strategy. If these linkages are not made, there will be no way to determine if the budgetary allocations that the support programs are ultimately supporting are successful. On a lighter mood, I must thank the Budget Office for publishing actual money received by government agencies for capital expenditures (actually there is an open data version of it here), but we should not be thankful for seeing that except, we want to stay like Angola, if we want to grow like Malaysia, we should be publishing tangible outcomes the expenditures in the agencies are achieving. In essence, we should stop the line – item kind of budgeting, and adopt the result-based budgeting system. For instance, if Nigeria needs to produce the 4,700,000 million tonnes of rice, that china imports every year, the Ministry of Budget and National Planning can have an overhead budget from the Ministry of Agriculture for only the number of people that will implement that through a policy paper, coordination and regulation, as they will not be the one to work on the farm. Simple as ABC right? yes! but do you have the political will – (To be continued) in my other story on Nigeria and its National Planning.
The question is; but do they have the political will? I love where the article ends at as it made me yearn to learn more about the subject matter.
I do not think the government is interested in moving the country forward as all of their actions speaks louder than the voice. They need to tell us what goes to where and how plus who all the funds are meant for, if that is not done then we should not be expecting any wonder anywhere in the country.
Until then, nothing will happen!
Thanks for your marvelous posting! I quite enjoyed reading it, you can be a great author. I will make certain to bookmark your blog and will eventually come back in the foreseeable future. I want to encourage you to definitely continue your great writing, have a nice evening!|
May I simply say what a comfort to uncover an individual who genuinely knows what they’re talking about on the internet. You certainly realize how to bring an issue to light and make it important. More and more people really need to look at this and understand this side of your story. It’s surprising you’re not more popular since you surely have the gift.|
Hey there! Do you know if they make any plugins to safeguard against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any tips?|
I visited various websites except the audio feature for audio songs existing at this site is truly marvelous.|
I know for sure that all the guys work as a team at ScamFighter, and they analyze every writing service in detail. Their reviews have helped me avoid many mistakes.
https://scamfighter.net/
IK Multimedia iRig Mic Cast Ultra-Kompakt Mikrofon (iOS & Super 55 Deluxe Vocal Microphone, yüksek kaliteli bir saten krom kaplama döküm kasa.
Am sex fotoğraf galerileri araması için 296⭐ porno filmi listeniyor.
En iyi am sex fotoğraf galerileri sikiş videoları 7DAK ile, kaliteli sikiş videoları,
türkçe izlenme rekoru kıran seks izle. 7 338.141 Video.
KATEGORİLER ARA CANLI CANLI. Am Sex Fotoğraf Galerileri.
Ama anlatırsam bana kızmayacaksın. Ananın amına koyim fahişenin dölü.
Sür bakalım gizli türk kiz amına koduğumun orpspusu seni dedim, yazımı
yollar yollamaz oturacağım yine.
Hemen katılın ve ev yapımı anal porno tüp videolarını ve
ev yapımı anal Porn tüp filmlerini herhangi bir kısıtlamadan ücretsiz olarak izleyin. EV Yapımı olgun kadın Porno tüp videoları ve.