Monday, April 14, 2014

Nigeria and budget cutting


Mohammed Abubakar, the Inspector General of Nigeria's Police announced the promotion of 24,118 police staff. This was a joyous occurrence for those promoted, as well as for the thousands of families and friends. However there was one slight issue: as these officers were given promotions, budget was also cut. In 2013, it was at N293.5bn, and was reduce this year by N13bn! According to Inspector General Abubakar, pretty soon they will not even be able to pay salaries.   Now the question is where is all the money being cut out going? The Chief Justice of Nigeria (CJN) Aloma Muhktar argued that “a situation where budgetary allocation to the judiciary continues to drop while the general government budget is on steady increase every year is clearly an impediment to the quick and effective dispensation of justice in Nigeria and on the whole a set back to the current effort at transforming the judiciary.”The Ekiti State House of Assembly members have since noticed that N480million was being dedcuted monthly from the state accruable revenue. Also, it seems that there may be illegal deductions of oil revenues from the federation account by state governors. In the last three years, according to Kayode Fayermi, Ekiti State governor, over N4.62 trillion had been deducted from the Federation Account in only the last three years. Now what exactly is the deal here?



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