It is obvious that there is total disconnection between the President and his cabinet members as many of the ministers don’t even have access to him probably because the President spend most of his time resting as a result of his old age.
The reality is that the President is challenged by age, exposure and ability. He did not read the budget proposal that he presented to the National Assembly and this should be a lesson for those who clamoured for a Buhari’s presidency that no man can give what he does not have. The question is; can a minister present supplementary budget to the National Assembly and can the National Assembly act on budget proposal submitted by a minister?
It is shameful that after blaming former President Goodluck Jonathan and the Peoples Democratic Party (PDP) for close to one year, the presidency is now blaming the National Assembly for its inability to prepare a common budget. I have said it before, by the time they borrow N1.84 trillion to fund their N6.06 billion budget; I wonder how Nigeria will survive in 2017 when the Federal Government will be servicing debt with about 50 percent of its budget.
In elementary economics, you don’t propose to spend more when your income reduces and I still can’t understand this Buharinomics in which Nigeria is going to spend N6.06 billion with crude oil bench mark of $38 per barrel when the country budget was N4.5 trillion in 2015 when crude oil bench mark was $53 per barrel. Only President Buhari can explain to Nigerians what manner of Economic theory encourages borrowing of N1.84 trillion to fund a N6 trillion budget.
As for me, it is nothing but a voodoo economic theory and Nigerians must take note that the income that should accrue to them in five years’ time is about to be spent in one year by the Buhari’s APC government.
Nigerians must have now come to terms that I warned them that Buhari is too old to govern a country like Nigeria.
Must you talk? We voted for them for 4years term, so shut up
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