Bevista:
So, the SE had the most projects (45), even more than double the projects in the much larger NW (20). Little wonder where the highest wailing pitch is coming from. The SE had the highest appointments and projects in the last administration, yet no benefit to the region

I dont give a hoot if they all abandon site. I am 100% certain Nigeria's money is safe, and in the fullness of time it will be deployed to the right projects.

Guseh:
Past administration did nothing to address d issue, because there was no provision for those projects in 2015 budget.
I could remember' the construction workers incharge of Kabba-Ilorin road(road linking kogi and kwara state) had abandoned the site since november last year and same thing happened in other sites.

DONMAYOR19:
Continuity of project, the problem of Nigeria politician. Obj the thief awarded the project then, but nothing happen, the thief just award contract for paper, and all this yoruba newspaper never one day reported bad thing about this thief obj. GEJ came and re awarded the contract together with Benin-Ore road, today u can leave from Lagos to Benin without tress of that Benin-Ore traffic that obj use to kill Nigerians then. Lagos-Ibadan road was ongoing well before dullapo came with his body movement and everything has been stopped.


Funny enough, some blind people will say GEJ is the problem of Nigeria, obj them no see, babagida them no see, dullard buhari them no see. Shabi nigeria started in 2009 abi? Bias will kill some people no be small.

Aufbauh:
The Buhari i know is called Mr. Infrastructure with specialty in road construction.
We just need to be patient, when he hits the ground on road construction our children children will testify. Meanwhile i hope those wailers will not come here by then shouting that the projects was GEJ initiatives and whatever. The figure of the debt alone is like the contract was a hog wash for patronage and buy gullible minds to sing their praise.

Bevista:
So, the SE had the most projects (45), even more than double the projects in the much larger NW (20). Little wonder where the highest wailing pitch is coming from. The SE had the highest appointments and projects in the last administration, yet no benefit to the region.

I dont give a hoot if they all abandon site. I am 100% certain Nigeria's money is safe, and in the fullness of time it will be deployed to the right projects.

Yinkalite:


May your stream of taught never run dry. I watch in awe how some educated illiterates defend the president. What economic gain has Nigeria had since he took the oat of office. We only hear of body language and integrity. Is that what will repair our roads or created employment. It pains me when some people come here and praise the president for news they read on the pages of newspaper with no action from the government. Pls let's try and put sentiment apart, this government has been receiving and sharing on the profit of last administration budget, but has never signed any contract to the development of the nation. Pls if you wanna quote me, do so with facts. Thank you.

oduastates:
Ill - concieved and badly funded projects. 184 roads at the same time.
I am sure they have paid 200% mobilisation on paper and pocketed most of it.

obailala:
[b]I felt very depressed reading through all the misleading front page comments including yours. Why are people so ignorant and quick to pass blame politically?....

The budget you talk about, did you see the so called budget prepared (by GEJ) for 2015?

Do you know how much was budgetted for the ministry of works for 2015?

Were any of those projects mentioned in the report funded in the 2015 budget?

I knew it would certainly get to this, I knew everyone would quickly forget the 2015 budget structure so easily and then pass the blame accross.

Bro, in the run up to 2015, Nigeria was run to the ground financially and the 2015 budget was a joke; over 90% recurrent and less than 10% for capital.

1. There was no plan in place to fund any of those mentioned projects in the 2015 budget.
2. Those projects were not paid for by the last administration,
3. There is even no money left in the reserves to pay for those projects
4. It is only an ignorant mind that would accuse the present administration of not paying the contractors because even GEJ did not have any plans to pay for those projects this year.[/b]

Whynotthetruth:


So which projects had the over 700billion in 2015 budget

elampiro:


Capital Expenditure was given only 10% of the total budget. Just about half a trillion naira from 1.4trillion the previous years. There is huge areas of unpaid debt owed contractors from previous years. 90% of our budget goes to payment of salaries, debt servicing, recurrent expenditure.

peter4d2:


Let me ask u dis his obj an achiever cos d present development u would find in Ogun state whr done 4rm Bankole as speaker completing overhead bridge @ otta during yaradua's tenure

D over bridges in d heart of abk was virtually done by Ibikunle Amosun n u forget 2 state d cosmic effect of hw clans n village folks commonise their own take dis word wit u "a prince is not respected in his home"

Even d most reverred Awolowo did not do so much 4 Ikenne pple whr some persons don't even want anything associated wit awo take 4 instance d clean portable water ditributed by coca cola did not get 2 their houses.

Abt d apapa road it got terminated @ cele so if u want 2 tlk criticise it 4rm coconut till cele n wat did obj do abt d said road instead chasing after tinubu all his days,
Damn dat man his smart Tinubu I mean.

oluwafemi113:
The contract have to follow due process


The immediate past administration was a fuc.k

DONMAYOR19:
Continuity of project, the problem of Nigeria politician. Obj the thief awarded the project then, but nothing happen, the thief just award contract for paper, and all this yoruba newspaper never one day reported bad thing about this thief obj. GEJ came and re awarded the contract together with Benin-Ore road, today u can leave from Lagos to Benin without tress of that Benin-Ore traffic that obj use to kill Nigerians then. Lagos-Ibadan road was ongoing well before dullapo came with his body movement and everything has been stopped.


Funny enough, some blind people will say GEJ is the problem of Nigeria, obj them no see, babagida them no see, dullard buhari them no see. Shabi nigeria started in 2009 abi? Bias will kill some people no be small.

Whynotthetruth:


1)Capital expenditure is over 700b of 4.4tri budget...

2)Lots of ongoing capital projects were already funded through loans from other areas and captured in previous years budget...eg 2nd Niger bridge, Airport remodeling etc


http://thenationonlineng.net/fed-govt-borrows-n473b-to-pay-salaries-overheads-in-four-months/

Whynotthetruth:


1
2)Lots of ongoing capital projects were already funded through loans from other areas and captured in previous years budget...eg 2nd Niger bridge, Airport remodeling etc

elampiro:


2014 Capital Expenditure budget was 1.4 trillion.
2015 Capex is about 400 billion.

In December 2014 Ngozi Okonjo Iweala announced that Capex had been cut from 1.4 trillion in 2014 budget to 627 billion . By February 2015 NOI again reduced the Capex budget to 387billion naira.

And we were told only 33 of 210 ongoing projects were provisioned for in 2015 budget.
.........




(1) More on the issue :
Senate: Nigeria to Run 2015 Budget in Deficit

15 Jan 2015

... Leading debate on the bill, Senate Leader, Victor Ndoma-Egba, said the budget of N4.357 trillion comprised N2.6 trillion as recurrent expenditure, N627 billion capital expenditure, N943 billion for debt service and N411 billion for statutory transfers.

He also said the document was predicated on $65 oil benchmark, projected oil production of 2.2782 million barrels per day and an exchange rate of N165 to $1.
Ndoma-Egba said the budget would focus on job creation through increasing economic diversification and leakages, roads, power, gas and aviation.

... While recalling that the capital expenditure contained in the 2014 budget was N1.4 trillion when compared with N627 billion in the current estimates, Makarfi described the estimates as "austerity budget" [/b]and insisted that the current economic downturn is a wake-up call on Nigeria to stop relying on oil "which is highly volatile and look for other areas of getting money."

....The benchmark for 2014 budget was $77.50 per barrel but oil sold for over $118 per barrel. Where is the excess crude share of the federal government? We are guilty because I raised an alarm that money from the excess crude account should not be expended without the consent of the National Assembly.

http://www.thisdaylive.com/articles/senate-nigeria-to-run-2015-budget-in-deficit/199264/
..............




(2) Related :
Again, FG Cuts 2015 Capital Spending as Oil Price Slump Bites
[b]
05 Feb 2015

.. The document, seen by Reuters, puts capital expenditure at N387 billion or 8.9 per cent of total spending of N4.357 trillion.

This is a significant drop from the 2014 spending plans, when capital expenditure (capex) accounted for 23.7 per cent of projected government outlays.
One industry source said Ministry of Works disbursements for a major highway were less than 3 per cent of the project’s value.

“At this rate it will take 33 years to complete,” the source said.

... The same source put layoffs nationwide at 20,000, while another said at least 5,000 had been let go in the Abuja area alone, a worry for President Jonathan ahead of the election, when he faces an opponent accusing him of squandering revenues from high oil prices over the previous three years.
http://www.thisdaylive.com/articles/again-fg-cuts-2015-capital-spending-as-oil-price-slump-bites/201045/
..............





(3) More :
FG slashes Works Ministry’s budget from N100bn to N11bn

MARCH 10, 2015 : The Minister of Works, Mike Onolememen, said the ministry’s N100bn proposed budget for 2015 was slashed by the Ministry of Finance to N11bn, representing an 89 per cent reduction.http://www.punchng.com/news/fg-slashes-works-ministrys-budget-from-n100bn-to-n11bn/
..........






(4) 2015 Budget: No provision for road maintenance – FG

Onolememen lamented that in view of the lean allocation for the Ministry in the 2015 Budget, that out of the Ministry’s portfolio of about 210 ongoing road and bridge projects, only 33 have been provided for and the provisions are insufficient to encourage the contractors to sustain appreciable progress of works on site

Senators were shocked on Monday when the Minister of Works, Mike Onolememen, revealed that there is no provision for bad roads in the 2015 Budget proposal.
The Minister made this known while defending the Federal Road Maintenance Agency budget before the Senate Committee on Works.
Onolememen said FERMA will get zero allocation for its capital votes in the 2015 budget proposal.
According to the Minister: “Aside the ministry’s capital budget proposal slashed from the projected N100 billion to just N11 billion by the Ministry of Finance in view of economic realities on ground, zero allocations were made for capital projects of FERMA and office of Surveyor-General of the Federation.”
Onolememen lamented that in view of the lean allocation for the Ministry in the 2015 Budget, that out of the Ministry’s portfolio of about 210 ongoing road and bridge projects, only 33 have been provided for and the provisions are insufficient to encourage the contractors to sustain appreciable progress of works on site.
“No provisions have been made for other departments of the Ministry such as Road and Bridge Design Departments, Mechanical and Electrical Department as well as Service Department,” he added.http://theeagleonline.com.ng/2015-budget-no-provision-for-road-maintenance-fg/


DokyOloye's
DONMAYOR19
ZKOSOSO
warrior01
godoluwa
WombRaiders
Yinkalite
bushdoc9919
chesterlee
DrLee
bashydemy
ocelot2006
anigbajumo
aufbauh
adekzy

Just a reminder how we got here.

Rexyl:
The project can't just be abandoned with the progress already made before new government took over. It's too late for any government to abandon it.

Lagos - Ibadan road project among others can not be abandoned.

elampiro:


This is a wrong info.

The approved budged. CAPEX IS 500 BILLLON. The budget was based on oil benchmark of $53.

The ongoing budgets were not funded. Did not not read the contractors reports early this year? .
.......








Jonathan signs N4.425tn 2015 budget


MAY 19, 2015
Investigation by our correspondent on Monday revealed that Jonathan decided to sign the budget into law a couple of days back without fanfare.

As of the time of filing this report, it could not be confirmed why the President had kept the development away from public knowledge.

The Senate had passed the 2015 budget on April 28, following the passage of the same bill by the House of Representatives on April 23, with an expenditure outlay of N4.493tn, up from the N4.425tn proposed by the Executive.

There have been concerns among Nigerians on whether Jonathan will sign the budget before May 29 when he will formally hand over to Muhammadu Buhari or he will leave it behind for the incoming administration which is believed may still prepare a supplementary budget.

But a Presidency source told our correspondent that the President signed the budget about two weeks ago immediately after the document passed by the National Assembly was transmitted to him.

The source, however, said he did not know why the President chose to sign the document without making it public.

When contacted, the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, also confirmed that Jonathan had signed the budget.

Although he also did not give any reason why the signing was not made public, Abati said the President signed the document “some weeks back.”

The Senate, in passing the budget, slightly reduced the N2.607,601, 000,300 proposed by the Executive to N2.607,132,491,708 as recurrent expenditure and simultaneously scaled down the capital expenditure from N642,848,999,699 estimated in the proposal to N556,995,465,449.

The Chairman, Joint Senate Committee on Appropriation and Finance, Mohammed Maccido, explained that the details of the figure approved by the Senate in the document were not different from the version passed by the House of Representatives.

He added that the budget would be driven by $53 oil benchmark, an exchange rate of N190 to one US dollar; 2.2782m per barrel crude oil production per day; and a deficit gross domestic product of -1.12 per cent. http://www.punchng.com/news/jonathan-signs-n4-425tn-2015-budget/

elampiro:


How?

When in about 5 months ago Onolememen told us only 33 out of 210 ongoing projects would be continued in 2015? When contractors and Jonathan govt both agreed hundreds of billions were owed contractors?

When tens of thousands of construction workers were sacked since January?

Whynotthetruth:


I gave you a link that quoted NOI directly and you abandoned it without reading to give me Punch speculation based on what they heard from Senate... smh...Capital expenditure is 722.2billion for 2015...

I gave examples of projects like 2nd Nigeria bridge, airport remodeling etc which are ongoing and already funded...thankz

http://thenationonlineng.net/fed-govt-borrows-n473b-to-pay-salaries-overheads-in-four-months/

Whynotthetruth:


Nawa for una...I gave examples such as 2nd Niger bridge, Airport remodeling etc as already funded and ongoing presently... but weren't captured in 2015budget...Such projects as East/West road are funded from Sure-P support fund...etc and we have room for supplementary budget still ....So what are you saying again bro?

elampiro:


Your link is undated. So how do we know when NOI said all that?

My link has a date of May 19th and said Jonathan had approved the budget.

elampiro:


Supplentary budget when Jonathan borrowed to fund part of this budget, and NOI said they had been borrowing trillions of naira. to pay salary since January?

Onolememen said their were no fund to continue projects. I don't get you.