Sunday 10 January 2016

Presidential Profligacy and Budget 2016



Presidential Profligacy and Budget 2016
Corruption destroys nations and its workforce, reduces productivity, hinders development, worsens poverty, marginalizes the poor, and hence it becomes a human rights issue…  - Carol Ajie Blog post in June 2014

When President Buhari rode to power on the crest of a Spartan lifestyle, anti-corruption activism was and still is a lofty goal, achievable. Surprisingly, after he was sworn-in, Buhari no longer practices what he preached. Seven months after he took the Oath of office and the Oath of allegiance on 29th May, 2015 and against the principles of transparency and accountability President Buhari has declined to disclose sums he said he recovered from Nigeria’s treasury looters and projects he intends to fund with his mentor Dictator Abacha’s loot returned.

Furthermore, President Buhari’s failure to downsize excessive presidential fleet; and his prodigious spending of N1.8Billion monthly on maintenance costs for 11 aircraft viz Falcon 7X Jets, Falcon 900, Gulfstream 550, Boeing 737 BBJ, Gulfstream IVSP, Gulfstream V etc., majority of Nigerians live in squalor in the cruel face of splendor when the lives of IDPs could be transformed with as little as 10% of the monthly air fleet maintenance costs. What does it cost President Buhari to provide modest housing for poor? Personal sacrifice!

Shocking extravagance displayed in 2016 budget presented to a joint session of the National Assembly on 22nd Dec., 2015 exceeds President Jonathan’s profligate regime. Buhari’s frugal inclinations suddenly disappears. Scrutinized by the media including a media outlet controlled by a lead stalwart of the ruling political party, the Nation, Punch newspapers and others, Buhari’s budget proposal 2016 is indicative of a regime not prepared for prudence and inglorious willingness for prodigal spending.

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