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Late or not, Nigerians demand full implementation of 2016 budget

Prior to the signing of the contentious 2016 budget that was finally signed last week by President Muhammadu Buhari, many Nigerians had been lamenting, in their views on the development. While many are doubting whether the budget will still yield the required results in view of its being delayed, many believed that if the budget followed due process and with proper monitoring, it will yield expected results. OLUWAGBEMIRO JOEL went on the streets of Lagos to seek people’s opinion. His report:

“The issue is actually not the time of signing; during the time of Jonathan, budget was signed in the month of May, and if we as well traced it at least four years before then, some were signed around the month of May. So, I think what really matters is the implementation of the budget. I strongly believe that the government is slow, I think that is only fear we have. The government is very slow and based on their slow pace, very soon, they will have another budget and then, I’m not sure if they will be able to implement this one up to 50 per cent. That is my concern, it is not whether they will perform or not. Yes they will perform, they try to do one or two things, but obviously you can’t buy back all the lost times. So, that is our concern as Nigerians”. – Emmanuel Agbontine, a consultant.

“As far as I’m concerned, we have a fiscal year; May to May. So, we still have time within which they can still implement the budget that is if they don’t diversify the funds”. Mrs. Okoduwa Andy.

“Yes, definitely it will yield expected results. Before, our National Assembly approved even without seeing the money. Ministers go and work out their own allocation with the government and will want them to give them some certain amount. At the end of the day, they will as well receive their Ghana must go bags. Under Buhari’s administration, there is nothing like that. As we can see, we know what is going to happen, it is no longer business as usual in the National Assembly where they will be sharing Ghana must go, or jumbo pay. In fact, Baba had said concerning the budget that everything he is going to do is listed, the money that will be spent and project-, all have been listed and itemized. So, it requires proper monitoring, that is all we needed”. – Alex, self-employed.

“I don’t see anything that will come out of it. If the budget is not for the masses, if it is business as usual, I don’t think anything will come out of it”.- Kole, Real Estate Manager.

“If you ask me, I think the budget should still be able to do what it meant to do. It should be able because there is a programme though, we are behind a schedule but it should be able. So, I don’t think it is too late despite having some challenges”.- Mr. Osakue Ndudi, a business consultant.

“That is subject to the people who will execute the budget. If they have the political will, they will. What is the duty of government? Is it not to make and implement policies. We have seen the Lagos State doing that during the time of Fashola. Budget was signed around May and it was implemented. They should if they have the will. Besides, the budget is run from month of May 2016 to May 2017 according to Mr. President. So, there is no problem about that”.- Kola Akinlaja, a communication consultant.

“It depends, if you look at it, a projected budget for the year 2016 supposed to have been signed at the beginning of the year. So, when such budget is now signed at almost half of the year, then you don’t expect 100 per cent implementation. It is normal thing that when such budget is signed, you don’t get it implemented 100 per cent.
“As far as I am concerned, I think it is still viable. As an accountant expert, the law says if the budget is signed within six months, it is viable, only after six months that it may not still viable. I believe it will still perform. – Aromalaran Femi, an accountant.

“Yes! It will yield expected result. It has been passed into law. If you look at this present government properly, you will know that the government will perform. He is fighting corruption and investigating some cases and so on, definitely the government will perform what he has promised”. – Akeem Afolagbade, self-employed.


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