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Showing posts with label 2016 Nigeria Budget. Show all posts
Showing posts with label 2016 Nigeria Budget. Show all posts

Tuesday, February 16, 2016

On the 2016 Nigeria Budget


By The Guardian's Editorial Board

Nigeria's 2016 Budget which has been submitted by President Muhammadu Buhari to the National Assembly, like any budget, should not be a mere expression of figures and facts. A national budget is an embodiment of a country’s strategic and policy priorities, and the politics and processes that throw them up. In these key areas, the 2016 spending plan before the National Assembly certainly can be substantially improved upon.

Budgeting is indeed intensely a political matter as both expenditures and revenues are about allocation of resources among competing constituencies within a political environment. What is of importance to the citizenry, constituencies and society at large is expressed through the political and democratic process.