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Showing posts from March 6, 2016

FG Proposes N39.41bn for Vehicles in 2016 Budget

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The controversies trailing the 2016 budget resurfaced yesterday as it was discovered that the federal government budgeted a whopping N39.41 billion only for the purchase of cars in this fiscal year. The huge sum seems to portray the government as being insincere with its earlier claim that the previous Peoples Democratic Party (PDP) government was wasteful and the All Progressive Congress (APC) government was determined to prune high cost of governance to the barest minimum level. The 2016 budget contains mind- blowing figures which many had said implied that the government had no clear-cut roadmap to re-direct the economy of the country while others dismiss the claim of change as nothing but a ruse. THISDAY checks revealed last night that of the N39.41 billion budgeted for vehicles in 2016 budget, N29.41 billion of them is meant for the purchase of vehicles by ministries, departments and agencies (MDAs). It was also learnt that N24.38 billion of the N29.41 billion has bee...