How Buhari Government Spent N1.2Billion On Vehicles For Niger Republic Officials Amid Rising Poverty In Nigeria, Budget Deficit Hitting N30.58Trillion | Sahara Reporters

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Reports have revealed that Nigeria’s budget deficit has risen to not less than N30.58 trillion within the last seven years of President Muhammadu Buhari’s leadership, which some Nigerians have described as the result of an unprecedented level of incompetence. This was based on the analysis of data from budget implementation reports for the third and fourth quarters of 2015; the four quarters of 2016, 2017, 2018, 2019, 2020; the first three quarters of 2021; and the first four months of this year.

How Buhari Government Spent N1.2Billion On Vehicles For Niger Republic Officials Amid Rising Poverty In Nigeria, Budget Deficit Hitting N30.58TrillionMonetary Policy Committee of the CBN recently complained that Nigeria’s debt profile has become something to be worried about

However, it has only financed the spending with N24.39 trillion. This leaves a deficit of N30.58 trillion. According to the budget implementation report for the fourth quarter of 2015, in President Buhari’s first year in office, the Federal Government of Nigeria arranged to raise short-term credit from the Central Bank of Nigeria through the mechanism of Ways and Means subject to a ceiling of 12.5% of the government’s total revenue.

Minister of Finance, Budget & National Planning, Mrs Zainab Ahmed, in a presentation of a document, tagged ‘Public Consultation on the Draft 2023 – 2025 MTFF/FSP’ pointed out that “Revenue generation remains the major fiscal constraint of the federation. The systemic resource mobilization problem has been compounded by recent economic recessions.”

Ahmed, while making the confirmation justified the approval of the funds, saying that providing intervention to the neighbouring Niger Republic is not new and it is the prerogative of President Buhari who made the approval. The contract was awarded to one Messrs Kaura Motors Nigeria Limited and approved by President Buhari on February 25, 2022.

 

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Even if u want to buy cars for it cousins,u have for Innosons motors Abba

Do you guys think MBuhari is a Nigerian or this is real MBuhari voted in few years ago MBuhari is a disgrace to Nigerians

Thought it was 1.4billion ?

Greatest mistake Nigerians made by voted APC into presidency from 2015,even the 9th Assembly in Nigeria political history so weak to extend that they don't even no their constitutional duty,so shameful assembly that are after the their pockets.

So sad! How on earth can someone be running two countries simultaneously with the economy and resources of one? How

Unbelievable

He is going to be probed. Surely.

Thanks to DavidHundeyin 🙄

Why is the amount reducing

Lapo China borrow you money, you carry money do big boy, Shey this na president

Omo oju o ro la ri

What allegeance does Mr president have with them?

Niger Rep. ironically may be his true country. Who knows

The general that believes SUVs can be used to fight insecurity

The same Niger supplying Nigeria's muslim terrorist with weapons..lol Its just a scheme to give them more funding for more supply.

Is this man alright?

Please, I doubt if the person in aso rock is really a Nigerian or the rtd buhari. I charge SR to do a formal investigation to that effect

Who even knows if this is the first time he is spending such money on Niger rep. A president Dat constructed a railway line and said he was doing it for his relatives. Its only God dat will judge you and every member of Apc who is in support of Agbado drug lord & bokoharam

Everyone is flabbergasted with the level of insecurity in the country, this is a step towards curving crossborder banditry and terrorism between Niger Republic and Nigeria. The vehicles are not luxury, but for security purposes.

Sick minds. This administration is the most corrupt, divisive, and clueless administration we have ever had.

Instead of buying 1 or 2 Helicopters to help fight his terrorists that he never thought would turn against him. Well, Mazi Nnamdi Kanu said the president is not a Nigerian and Buhari is living up to that

YeleSowore and were not in this world when these happened? Donkey

Old news

May Buhari never again happen to Nigeria.

It was meant to fight terrorist in Niger republic to reduces their influx into Nigeria .

He is an islamist and he has to give his due to his terrorists brothers in the sahel. How else can anyone explain this? N1 billion for a foreign country that does little for us but nothing for Nigerian lecturers?!

This man get brain

Chai😳

Buharia just compensated them for job well done. They where the one that supplied him bandit in 2015.

But they cannot borrow to end ASUU strike...guess these billions for Nigerien security vehicles were just lying around somewhere with no owner.

In other news it's 1.41billion

In a normal democracy just as it is in the rest of the world.. no body from Fulani tribe will win or be allow to contest elections in the next 20years because of all these that are happening. Well we are in Niggeria! BiafraNow

Festus keyamo still doesn't see what's happening in Nigeria. how dis guy take become SAN?

Tinubu is our problem

1.4 b goter media

Sahara reporters with mushroom journalism.

No me we understand satirical story about Jubri. Indeed, almost every Fulani serving with Buhari are from Niger Republic including Buhari. Others are quiet because of their personal interest, none of them are interested in growing Nigeria.

Minister of finance said 1.14Billion not 1.2billion..

I weep for Nigeria

Only in Nigeria and no place else. A country filled with weird occurrences anything goes from snakes/monkeys swallowing money to fainting in court when being accused of corruption, the list is just endless.

Nigeria media is the main problem, from 1.5 billion to 1.4 billion now is 1.2 billion

His children and his likes are not amongst those he has mortgage their future!

ASUU is still on strike..misplaced priority.

I am sure God will intervene

You thought Obidient's journalist are amateurs that you stayed for so long to report the news

We suppose match in Mass and protest reach dat aso rock give all off Dem Wotowoto.. I Sha no say no be Buhari wey me Sabi dey do those nonsense,We all dey do cover up base on fear😁

1.4 Mbuhari Killing Nigeria

Is now obvious dat dis man is not Buhari, he’s jubril frm sudan

Them talk say nah 1.4 una talk say nah 1.2 This SaharaReporters seff

This is very disheartening, very very uncall for.

Buhari, APC and his cabals love Nigeria and Nigerians very much.

1.4 werey

how is that 1.2, it actually 1.4

May God forgive u sir

Thanks to DavidHundeyin make sure you give him his well deserved flowers 💐

I don't think that we are normal in country, ASUU are on strike for six months now, recently Owo was attacked twice, northern states are running from pillar to post for safety,Our govt are busy giving money toanother country, what is connection Nigeria have with Niger Republic.

MrKini3 see your man na

Why did you not report since, give credit to DavidHundeyin

No light, no road, no hospital, students are out of school, no food , nothing is working in Nigeria and our president abandon us and using our money to build another country hhhhh . This life no balance

Thank you mr president ,from top to bottom,ASUU are on strike ,carry our money they develop your country …..

And ASUU is still on strike..Nawa oh😏😏

Nigeria my country! I'm yet to understand all the defenses of this act I've been seeing. Schools are still on strike.

ayemojubar The result of NEPA bill na!

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