FG Proposes N39.41bn for Vehicles in 2016 Budget

3
2073

By Omololu Ogunmade in Abuja

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 been allocated for the purchase of cars; N1.67 billion allocated for the purchase of buses while another N362.65 million is earmarked for the purchase of vans.

It was also gathered that some agencies such as the Nigerian National Petroleum Corporation (NNPC), Nigeria Ports Authority (NPA), Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS) have the combined budget of N10 billion for the purchase of vehicles.
The N39.41 billion budget is besides the budget for the planned purchase of vehicles by the judiciary which is not clearly stated in judiciary’s budget.

  • Harry

    I remember when this budget was hailed as a budget of the century by APC sympathizers even when they had not seen its contents. They are suddenly mute.# BudgetOfChains

  • Genusa

    At a cost of 15milllion per vehicle, 39.4billion naira will purchase 2,666 vehicles. At a cost of 10million naira per vehicle, 39.4billion naira will purchase 3,940 vehicles. At a cost of 7million naira per vehicle, 39.4billion naira will purchase 5,700 vehicles. This is really outrageous.

  • 406

    Buhari is a renowned thief!!! Everybody knows that.
    40 bn for vehicles ……. WOW!!!