Nigeria: Govt proposes N39.41bn for vehicles in 2016 budget

*Made in Nigeria vehicles.

*Made in Nigeria vehicles.

07 March 2016, 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, led government was wasteful and the All Progressive Congress, APC, led 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.

Investigations 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 beside the budget for the planned purchase of vehicles by the judiciary which is not clearly stated in judiciary’s budget.

*Omololu Ogunmade – Thisday

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