Showing posts with label Budget Politics In The Midst Of Hunger. Show all posts
Showing posts with label Budget Politics In The Midst Of Hunger. Show all posts

Friday, April 22, 2016

Budget Politics In The Midst Of Hunger

By Onuoha Ukeh
WHEN the National Assembly passed the N6 trillion budget for 2016 and submitted same to President Muhammadu Buhari, many Nigerians had heaved a sigh of relief, thinking that the end of waiting for the legal instrument on spending money had ended. Those who thought so were wrong, as this turned out to be the beginning of a drama, which has held the country to ransom. First, President Buhari said he would not assent to the budget until he got details therein. And when the details were presented, he said he would study them before signing the budget into law. After studying the details submitted, the president declined to sign on the grounds that what the National Assembly approved was different from what he proposed. Now at the end of the first quarter of the year and close to the end of the first month in the second quarter, there is no budget.
*President Buhari presenting the 2016
Budget to the National Assembly 
Ordinarily, the budget for a coming year ought to be passed and, perhaps, signed into law before the end of the outgoing year or at best the first day or first week of the new year. If the budget, for instance, is submitted in October of the out-going year and the two houses of the National Assembly do their due diligence, by deliberating on the document and passing it into law before the year ends, this target would be on the verge of being met. And if the president receives the details of the budget so passed, examines it and then assents, say before the year ends or the first day/first week of the new year, the budget would be in place in the new year. Had this happened, by now the 2016 budget would be running and the economy would be a beehive of activities.
It is, indeed, sad that both the Presidency and the National Assembly are playing politics with the budget while Nigerians are suffering. Indeed, as the Executive and the Legislature are standing up to each other, flexing muscle and trying to prove who is right, Nigerians are in pain. At present, there is hunger in the land. Industries are comatose. Foreign airlines are relocating their ticketing offices to neighbouring Ghana. Cash is not flowing, as they say in local parlance. These are challenges of a country without budget. If the budget had been passed/signed into law and government begins to release full allocations, there will not be cash crunch, as currently being experienced.
Of course, if, for instance, funds for road construction are released to contractors, they would mobilise staff to sites and get cracking with the jobs at optimal capacity. Materials for construction would be bought and paid for. Workers at sites will receive their daily pay and they will, in turn, finance their personal needs. And the economy will bubble back to life. This may sound simplistic, but it underlines the fact that little things matter. And from little things, greater ones happen or are achieved.
To say the least, the impasse between the Executive and the Legislature regarding the 2016 budget should not have arisen in the first place if the two arms of government understand that they are there to complement each other and not as rivals. It’s the duty of the Executive to project income, propose expenditure and implement the budget. It is the duty of the legislature to approve the proposal so submitted and give it a legal backing. In doing this, there ought not to be an element of ego and selfishness. This should be done with all sense of patriotism and nationalism.