Governor Gaidam Sends Sleeping Commissioner Home During Budget Presentation

 

Yobe State Governor, Ibrahim Gaidam, on Thursday directed a sleeping commissioner at the presentation of the 2017 budget to the State House of Assembly to go home for more sleep.

The governor had barely commenced reading the budget speech when the cabinet member started snoring.

As President Buhari Presents 2016 Budget Today

President Muhammadu Buhari will today present the 2016 budget to the National Assembly, the main focus being a major shift from oil as the main source of revenue to mining and new taxes targeting the rich.

The Federal Executive Council yesterday approved the final draft of the N6 trillion budget with an unprecedented capital vote of N2 trillion.

The budget is based on an oil bench mark of $38per barrel and a daily crude oil production of 2.5 million barrels per day.

Experts in Economics and the manufacturing sector yesterday urged the government to increase priority for the capital vote.

The Minister of Information and Culture, Lai Mohammed, said while addressing State House correspondents yesterday after an emergency meeting of the Federal Executive Council (FEC) that the council approved a memo presented by the Minister of Budget and National Planning, Senator Udoma Udo Udoma, seeking the approval of the 2016 budget proposal.