Business
2012 Budget: Jonathan Threatens Heads Of MDAs
President Goodluck Jonathan said on Friday that he would sack all Heads of Ministries, Departments and Agencies (MDAs) who lobbied the National Assembly to distort the 2012 budget.
The President stated this in his remarks shortly after signing the 2012 appropriation bill into law at the State House. Jonathan said the attitude of MDAs lobbying for increase of their budget by the National Assembly had been responsible for the difficulties in budget implementation.
He said that he already had security information on some heads of Parastatal Agencies who lobbied the National Assembly to increase the 2012. Budget and he would make scapegoats of them.
“One of the greatest problems I have noticed from the day I resumed office as a vice president in 2007 till date is that Federal Government budgets have not been based on proper planning.
“In most cases, when the budget comes out from the Planning Ministry and Finance along the line, people distort the budget, especially some heads of MDAs go to lobby the National Assembly to put figures that are not based on planning.
“And that is why it has been very difficult for federal government to achieve targets.
“This year, we clearly frowned at it and I am going to use some heads of parastatals, I got security reports – that came to lobby for their budgets to be increased; I will use some people as an example. I will ask them to leave because we cannot run a country without planning.
“We cannot run a budget that is not based on planning because these figures don’t just come from the blues, people sat down and compute figures and see how it fits into fiscal responsibility and other issues.
“So we will not allow a situation where one person, because of personal interest will distort the budget of a nation, the president said.’’
He pleaded with the National Assembly to always resist overtures from heads of MDAs to increase their budgets. A total of N4.749 trillion budget proposal based on a benchmark oil price of 70 dollars per barrel was presented to the National Assembly. However, the National Assembly, on March 15, passed the budget of N4.697 trillion on a benchmark oil price of 72 dollars per barrel.
The increase in the benchmark from 70 to 72 dollars yielded for the Federal Government at least N98.4 billion. The National Assembly had appropriated N50 billion out of a N98.4 billion increase to reduce the budget deficit. The balance of N48.4 billion was allotted to some MDAs for specific projects. Meanwhile, the president has assured the country that the 2013 appropriation bill would be sent to that National Assembly not later than September to ensure its passage before the end of the year.
To achieve this, Jonathan said he had already directed his Chief of Staff, to ensure that MDAs defended their budget proposals before him between May and June. He said the Ministry of Finance and the Budget Office would fine-tune the budget between July and August before submitting it to the National Assembly in September.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford