TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Economy: Why Fed Govt can’t implement Budget 2016 in full – SGF

The Citizen by The Citizen
July 14 2016
in Governance, Headlines, Uncategorized
A A
0

The Federal Government has said it cannot fund National Assembly constituency projects listed in the budget, while it cannot, as well, guarantee the full implementation of the budget as signed by the president.

The Secretary to the Government of the Federation (SGF), David Babachir Lawal, who stated this while appearing  before a Joint Senate Committee on Wednesday, said the government was, after all, not in a position to fully implement the N6.06 trillion budget.

The SGF, who was summoned by the Senate on Tuesday to clarify his statement to the effect that the government may not implement constituency projects, said revenues of the Federal Government had dropped by 50 to 60 per cent.

Babachir, drilled by the joint committees, including the committee on Ethics, Privileges and Public Petitions; Appropriations and Finance, blamed the drop in government’s revenue on activities of militants who had been vandalizsing pipelines in the Niger Delta.

According to him, the oil benchmark of the Federal Government for the budget had been dislocated, adding that at a stage, the country’s oil production came down to about 800,000 barrels per day.

“The statement is correct. That is my statement; we cannot guarantee the implementation of constituency projects in the 2016 budget. As a government, constituency projects are championed by members of the National Assembly. Like the legislature, members of the executive are politicians who canvassed for votes.

“Lawmakers are aware that oil barrels had dwindled to about 800,000 per day. You predicated the revenue base of the government at 2.2 million barrel per day. This has led to the inability of government to finance the budget. It is the duty of government to prepare the minds of Nigerians ahead that there will be challenges in implementing the budget,” he said.

He further added that “government based its principle on zero budgeting this year. Funds will be released to finance key projects in line with the implementation plans of the government.

“I spoke with the Minister of Budget this morning (Wednesday) and I asked him the revenue base of the government. We are now receiving about 50 to 60 per cent earnings from what we projected.

“Some ministries, department and agencies (MDAs) might find it impossible to implement projects appropriated in their budgets. We have to re-prioritise. I like us to understand that this is the background upon which I made that statement.”

The Senators and the SGF had earlier engaged in an altercation immediately he arrived the committee sitting.

While making his introductory remarks, the SGF objected to the tone of the letter sent to him by the committee and the threat he said was contained in the letter, saying he was being threatened.

But the senators rejected his objection and asked him to withdraw the statement.

“I only saw this letter this morning. I thought it was going to be Wednesday next week. I wanted my permanent secretary to write to request for another date, knowing that Wednesdays are for Federal Executive Council (FEC) meetings. You gave me very short time to prepare,” he said.

Previous Post

Alleged forgery: We’re justified to drag Saraki, Ekweremadu to court – AGF tells senators

Next Post

Court voids hike in electricity tariff

Related Posts

State Police Bill passes second reading at Senate
Headlines

State Police Bill passes second reading at Senate

June 11 2026
Pres. Tinubu swears in two new ministers
Headlines

Pres. Tinubu to address Nigerians on Democracy Day

June 11 2026
Senate orders arrest of terrorists flaunting cash on social media
Financial Crimes

Senate orders arrest of terrorists flaunting cash on social media

June 11 2026
FG declares public holidays for Eid-El-Fitr
Headlines

FG declares June 12 public holiday to mark Democracy Day

June 11 2026
UK Defence Minister resigns with stinging rebuke of PM Starmer
Headlines

BREAKING: Reps pass state police bill

June 11 2026
BREAKING: FG bans ‘Dr’ prefix for honorary degree holders, flags fraud
Governance

FG approves guidelines to regulate honorary doctorate awards

June 11 2026
Next Post

Court voids hike in electricity tariff

Reps move to criminalise late, non-payment of salaries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

Ondo LG shuts schools over security concerns

Ondo LG shuts schools over security concerns

by The Editor
June 2 2026
0

...

APPOINTMENTS

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

Tinubu appoints Zainab Marwa into NDDC Board

Tinubu appoints Zainab Marwa into NDDC Board

by The Editor
June 4 2026
0

...

ODDITIES

Bus driver stabs transport officer to death in Calabar

Lady lures friend for boyfriend to kill, harvests body parts

by The Editor
June 9 2026
0

Oyo residents chant ‘Jagaban 2027’ slogan after receiving semovita

Oyo residents chant ‘Jagaban 2027’ slogan after receiving semovita

by The Editor
June 9 2026
0

Ibadan visitation: Nobody can stop me from going anywhere in Nigeria – Sheikh Gumi

Ibadan visitation: Nobody can stop me from going anywhere in Nigeria – Sheikh Gumi

by The Editor
June 9 2026
0

GLOBAL NEWS

Iran vows devastating response to Trump’s threat of seizing Kharg Island

Iran vows devastating response to Trump’s threat of seizing Kharg Island

by The Editor
June 11 2026
0

...

UK Defence Minister resigns with stinging rebuke of PM Starmer

UK Defence Minister resigns with stinging rebuke of PM Starmer

by The Editor
June 11 2026
0

...

Iran strikes 18 US military targets in two missile waves, Fifth Fleet in Bahrain hit by drones

Iran strikes 18 US military targets in two missile waves, Fifth Fleet in Bahrain hit by drones

by The Editor
June 11 2026
0

...

Greece to ban social media for under-15-year-olds

Canada moves to ban under-16s from social media

by The Editor
June 11 2026
0

...

UK Police hunt Nigerian man after prison escape

UK Police hunt Nigerian man after prison escape

by The Editor
June 10 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Rivers State to shut down unapproved private schools

by The Editor
June 11 2026
0

...

Akwa Ibom Assembly passes motion to regulate dispatch services

Akwa Ibom Assembly passes motion to regulate dispatch services

by The Editor
June 10 2026
0

...

Kano screens 720 out of 3,000 couples for mass wedding

Kano screens 720 out of 3,000 couples for mass wedding

by The Editor
June 10 2026
0

...

Gov. Uzodimma declares Imo as haven for local, foreign investors

Gov. Uzodimma declares Imo as haven for local, foreign investors

by The Editor
June 9 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
State Police Bill passes second reading at Senate

State Police Bill passes second reading at Senate

June 11 2026
UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

June 11 2026
Pres. Tinubu swears in two new ministers

Pres. Tinubu to address Nigerians on Democracy Day

June 11 2026
Iran vows devastating response to Trump’s threat of seizing Kharg Island

Iran vows devastating response to Trump’s threat of seizing Kharg Island

June 11 2026

EDITORIAL REVIEW

The reign of kidnappers – Thisday

The reign of kidnappers – Thisday

by The Editor
June 11 2026
0

Foreigners looting national assets intolerable – Punch

Foreigners looting national assets intolerable – Punch

by The Editor
June 10 2026
0

Violence deepens, Tinubu must act – Punch

by The Editor
June 9 2026
0

Nigerian workers deserve a living wage – Punch

Nigerian workers deserve a living wage – Punch

by The Editor
June 8 2026
0

Gospel Kinanee’s 18-year ordeal: Fix this broken justice system – Punch

Gospel Kinanee’s 18-year ordeal: Fix this broken justice system – Punch

by The Editor
June 7 2026
0

Opinion

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 2026
0

...

Nigeria at critical juncture – Vanguard

Nigerian economy: The street is not smiling!

by The Editor
June 1 2026
0

...

Tinubu sticking to anti-masses policy, says Afenifere

As criminals seize Nigerian babies

by The Editor
May 31 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.