Buhari Is Angry; Goes After Those who "Padded" the Budget - Leystradamus.Com.Ng

Breaking

Sunday, February 28, 2016

Buhari Is Angry; Goes After Those who "Padded" the Budget

Fear has gripped top men in Budget Department of the National Planning Ministry as President Muhammadu Buhari returns to the country this week after spitting fire abroad over padding of the Budget.

Why Buhari Is Angry
Presidency sources confirmed to Vanguard that Buhari was very angry over the doctoring of the budget by some bad eggs in the ministry, thereby trying to stifle his administration’s efforts to reflate the economy.

In the meantime, it was learnt that the President has ordered detectives to fish out those who orchestrated the padding of the budget for immediate punishment on his return to Abuja.

Based on the directive, according to sources, plain clothes detectives had since swooped on the Department of Budget and ministries, departments and agencies to fish out those implicated in the budget imbroglio.

The sources claimed that more heads may roll over the addition of figures to the original budget proposals, presented by Buhari to the National Assembly, by officials believed to be opposed to the zero-based budget system adopted by the President to cut costs and boost capital expenditure to 30 percent.

Those who altered the budget were said to have opted for the “envelope system”, which arbitrarily allocates a fixed but unrealistic sum to each unit, sometimes higher or lower than what is actually required.

The detectives were said to have been scanning the initial documents used for the 2016 Budget and comparing them with the “padded budget documents”, which caused a lot of embarrassment.

A source in one of the ministries, where the detectives were sighted, said:
“For two days, the detectives have been working in the Budget Department but we do not really know what exactly they picked out... They went straight to look at the records and began to input data into their own computers.”

Already, Buhari has fired the Director of Budget and appointed a new man to take charge, while moving the Budget Department from the Finance Ministry to National Planning.

No comments:

Post a Comment

Post your comment in the box below...