Tag: Federal government

  • FG injects $9b on infrastructure in two years – Buhari

    …Imposes minimum tariff on amusement park equipment, casino etc

     

    President Muhammadu Buhari has revealed that in the last two years, the Federal Government has so far injected $9 billion dollars into infrastructural development in the country.

    He said that the infrastructures include road, railway and power.

    President Buhari said that the country is investing so much on infrastructure to promote tourism in a steady effort to diversify the economy.

    He also said that this government is investing in Social Investment Programme (SIP) to promote human capital development which has benefited over 9 million people.

    Speaking Monday in Abuja at the opening ceremony of the 61st meeting of the United Nations World Tourism Organization Commission for Africa (UNWTO-CAF) theme: “Tourism Statistics – A Catalyst for Development”

    The President who was represented at the occasion by the Secretary to the Government of the Federal, Boss Mustapha added that to attract investment in the tourism sector, the government will be imposing minimal tariffs on amusement park equipment, casino, materials for hotel construction etc.

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    His words, “The theme: “Tourism Statistics – A Catalyst for Development” is apt and could not have come at a better time than now, considering the significance of Tourism Statistics and Tourism Satellite Account (TSA) in measuring the contribution of the tourism sector to the national economy.

    “The importance of tourism and its potentials to national economies cannot be overemphasized. Tourism, as we all know, contributes to the wealth of nations and the well-being of citizens, largely through foreign exchange earnings, generation of revenue, creation of employment, knowledge, cultural integration as well as increase the GDP of the country.

    “We are making steady efforts to diversify the economy through agriculture, solid minerals development and tourism. We are also investing heavily in infrastructure to promote tourism. This administration has injected about US$9 billion to strengthen its investment in power, roads and railway in the past two years alone.

    “Also, this government is investing in Social Investment Programme (SIP) to promote human capital development which has benefitted over 9 million people. These programmes include our Home-Grown School Feeding Programme that is providing one meal a day to 7.4 million pupils in 22 states of the Federation; N-Power programme that has employed 200,000 university graduates and is about to employ 300,000 more; the Conditional Cash Transfer (CCT) under which some 297,973 poor homes are receiving 5,000 Naira monthly; and the Government Enterprise and Empowerment Programme (GEEP) that has provided loans to hundreds of thousands of small business owners.

    “The Government is committed to providing Public safety and security to all Nigerians, investors and tourists. Government is also investing a lot of resources into building the inventory of equipment and capacity of security agencies to keep the country safe.

    “Your Excellencies, distinguished guests, ladies and gentlemen, it may interest you to note that Nigeria is a country with a population of over 180 million people and over 250 ethnic groups, each with a unique story, and these stories are finding expression in our movies, music and many other creative ideas. Our music and movies, in particular, have taken the world by storm and, for the creative young talents in our dear country, Nigeria; the best is yet to come.

    “It is on this basis that I call on tourists and investors in the tourism sector to consider Nigeria as their second home. This government has attractive investment incentives for investors in the tourism sector including but not limited to:

    “Pioneer status to all major tourism projects;

    “Minimum tariff on imported tourism equipment, amusement park equipment and materials for hotel construction and furnishing, dedicated transportation for tour operators and equipment for restaurants not manufactured in Nigeria;

    “Minimum duty on Casino equipment; Work permit for foreign workers with specialized skills within the industry; and

    “Land at concessionary rate by state governments to tourism investors.

    “Government is also deepening the legislative and institutional capacities for the protection of intellectual property rights in Nigeria. This will give all investors the assurance of security of their rights especially in the creative industry.

    “Let me use this opportunity to earnestly commend the leadership of the UNWTO, the Commission for Africa (CAF) and, most importantly, the Tourism Ministers from all over Africa for considering Nigeria worthy of hosting this great event this year. Nigeria will continue to count on your support to host more international events as we will also support you whenever the opportunity knocks at your door.

    “Your Excellencies, distinguished ladies and gentlemen, it is now my pleasure to declare open the 61st meeting of the UNWTO Commission for Africa.”

    Minister of Information and Cultural, Alhaji Lai Mohammed said that the conference has helped the government test its policy on Visa on arrival for investors.

    He also informed participants that President Buhari has handled the security situation in the country which makes it possible for the conference to hold without fear since four years ago; nothing of the nature would have been able to take place in Abuja due to the fear of Boko Haram.

  • We can’t guarantee industrial harmony, resident doctors warn FG

    Following Thursday’s expiration of the 21-day ultimatum it gave the Federal Government  to recall its members sacked at the Jos University Teaching Hospital (JUTH),  the Nigeria Association of Resident Doctors (NARD) has scheduled a meeting for tomorrow.

    Addressing journalists at the Kaduna Council Secretariat of the Nigeria Union of Journalists via a statement read by NARD’s Publicity and Social Secretary, Dr. Ugochukwu Eze, yesterday, the association warned that the outcome of   tomorrow’s meeting may not guarantee industrial harmony.

    “NARD leadership may not be able to guarantee continuous industrial harmony should our legitimate agitations be ignored by government,” NARD warned at the media briefing also attended by the President of ABUTH Zaria chapter of NARD, Dr. Sokomba Aliyu, President Federal Neuropsychiatric Hospital, Kaduna,  Dr. Elonu Chukwudi Charleand and Dr. Ibrahim Zakarya Abubakar of the National Eye Centre, Kaduna,

    The group recalled  that on March 27, 2018, it had an extraordinary National Executive Council meeting where issues pertaining to the unjust sack of Resident Doctors in Jos University Teaching Hospital, Jos (JUTH) were extensively discussed.

    “At the end of the meeting, a 30-day ultimatum was issued, starting from the 2nd of April, 2018 and lapsing on the 2nd of May, 2018.

    “Twelve (12) days after the expiration of the ultimatum, at the ordinary general meeting held in ABUTH Zaria from 5th–11th May, 2018, the ultimatum was extended by 21days to allow Government time to effect the recall of all sacked residents doctors in JUTH and also to meet up with all outstanding agreements contained in our 6th September, 2017 Memorandum of Terms of Settlement.

  • Nigeria needs cleansing, says Anglican Bishop

    The Diocesan, Diocese of Ibadan, Anglican Communion, Most Reverend Joseph Akinfenwa has warned the Federal Government not to take the continued silence of the people over the worsening situation in the country for granted, saying such may be a sign of worse thing to come.

    The cleric who traced the history of a similar situation to Ghana noted that the revolution that it led to is also what is required in Nigeria if the country must come alive again.

    Bishop Akinfenwa spoke during a sermon at The Cathedral of St. James The Great, Oke-Bola, Ibadan during a special service to commemorate the beginning of the church.

    He was outspoken in condemning the various injustices and inequality across the land and the “uncaring way with which the case of security is being handled by the security agencies, which has led to increasing loss of lives across various parts of the country.”

    He said it is time for the government to begin to make amends by going from mere talking to acting so that the people would have good reason to believe in their government again.

    Read Also:Onaiyekan preaches against hate speeches, disunity in Nigeria

    He also lamented the situation where other religions are giving priority at the expense of Christianity that has contributed so much to the development of the country, pointing out the efforts of the early missionaries who facilitated education and healthcare that has led to the present level of development across the country.

    He said, “Look at the joblessness in the society, I pity our youths. Some of them had to go and be doing somethings they will not do ordinarily even with higher qualifications. Ordinary salaries are not forthcoming, what is our offence as citizens in this country?

    “But, they (the government) should take note; it has happened in other countries, it resulted into revolution. Let’s go back into history and see what happened in Ghana. The cleansing that happened in Ghana we need such cleansing in Nigeria and that is the solution. Let there be cleansing so that this Nigeria will come alive better.

    “What we are saying on this day of Pentecost is that it is time for the government to begin to make amends, cheating and marginalization is getting too much in this country. Wickedness is on the increase, people are dying, there is hunger in the land and the youths have no job to do, what is the government doing about it? We keep hearing of huge sum of money but it is not going down nor getting to the people. We need to know what government is doing about it, what is happening in the land is more than what happened in some other places that led to a crisis.

    “Let us remember what happened in Ghana when the people got tired, there was a revolution and they took the bull by the horn but we are praying and still praying so that God will touch the heart of our leaders and for them to do the needful.

    “When a government suddenly begins to show bias, it calls for suspicion. Bias in the sense that what is good for the goose is not good for the gander. It is such that, we expect that you treat all the religions, if not equally but identify with them and that was the reason I discussed the issues of school auditing forms going around that even Christianity is not among the schools.

    “Christian schools are not included and what has the Christian schools done wrong. If you go through history well, you will see that most of the things that we are enjoying today are by the grace of God and through Christian organisations and missionaries who came with hospitals, schools and this is what we are relishing in today and so why must you relegate that institution as if it is not there.

    “We are not asking that we are placed highest but at least we are asking that we be given our due recognition and to show that we appreciate all that this great institution has done in the development of our nation, it boils down into politics.

    “Look at the nation today, there is no balance there and when we come to look at the way the citizenry are being treated, people are suffering, people are dying daily. Within the last three years, calculate the number of souls that have been lost in this country whether through kidnapping, insurgency, persecution or whatever, it is saddening, we are moving down faster than we think and this is why we must hold the ears of our leaders to warn them to arrest the situation today.

    “That the citizenry are not talking but keeping quiet is dangerous, because things like this have happened before in other countries and it only resulted in revolution. So, we must arise. Look at the issue of Leah Sheribu that is still in captive, nobody is saying anything about it again. It is a shame. The situation is getting worse and worsening every day.”

  • FG declares Tuesday public holiday 

    The Federal Government on Friday declared Tuesday, May 29 as public holiday to celebrate the 2018 Democracy Day.

    The Minister of Interior, Lt Gen.  Abdulrahman  Dambazau (rtd) declared this on behalf of the Federal Government, congratulated Nigerians on the occasion, and pledged government’s continued dedication to entrenching democracy in the polity.

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    According to a statement issued by the Permanent Secretary, Ministry of Interior, Dr. Umar,  Dambazau urged all Nigerians to trust and support the government in its commitment to building an indivisible, peaceful and greater nation based on the tenets of democracy.

    The Minister wished all Nigerians a Happy Democracy Day celebration.

  • FG hands over N3.85bn Esan Water Project to Edo Govt

    President Muhammadu Buhari-led Federal Government has handed over to the Edo State Government, the completed Northern Esan Water Project, in Ugboha, Esan South East Local government area of the state.

    The project estimated to have cost N3.85 billion, can generate two million gallons or nine million liters of water per day.

    Minister of Water Resources, Engr. Suleiman Adamu, who led a Federal Government delegation, which included Minister for Information and Culture, Alhaji Lai Mohammed, to the state, said the delegation was in the state to hand over completed projects to the Edo State government.

    Engr. Suleiman said he participated in the conception of the project in 1997, when he worked as a consultant to the Petroleum Trust Fund (PTF), which was then led by current President, Muhammadu Buhari. He noted that lack of fund stalled the project, until it was revived by the present administration.

    “We have finished our intervention programme and we are here today to hand over the project to the Edo State Government led by Governor Godwin Obaseki”.

    He expressed satisfaction and confidence in the quality of job done and hoped that the agencies in charge of the scheme would do a good job to ensure its sustainability.

    Edo State Governor, Godwin Obaseki expressed gratitude to the President Buhari-led administration for the uncommon gesture to the people of the state and Esan land, in particular.

    Read Also:Second Niger Bridge main project to gulp N210 billion

    He explained that access to potable water was a major challenge in Esan land and thanked the President for coming to the aid of the people, promising that his administration will do all it can to ensure the project benefits the people.

    “I want to assure you that as a progressive government, we align with the water policies of the Federal Government. We have been following your policy guideline to strengthen water reforms in Edo State,” the governor said.

    Obaseki disclosed that a bill to set up small town and rural water projects in the state has been passed by the Edo State House of Assembly (EDHA), noting that the state government has trained communities to set up their own water associations.

    He added that his administration is restructuring its urban water board. “I want to assure you that this scheme will be sustained. This is part of our plan to ensure water in all parts of Esan land.”

    The governor said his administration is working with the Niger Delta support programme, supported by the European Union (EU) to provide water, adding “We have paid 700 million naira as our counterpart fund and the EU is providing about two to three billion. We expect that all these investments will provide water in Esan land and other parts of the state.”

  • Ajimobi seeks refund of N33bn spent on federal roads

    The Oyo State Governor, Sen. Abiola Ajimobi Wednesday appealed to the Federal Government to consider payment of outstanding N33 billion spent on federal roads in the state.

    Ajimobi made the call during official visit of the Minister of State for Power Works and Housing II, Surv Hassan Zarma to the Government Office.

    The visit was part of inspection tour of federal infrastructure projects being executed in the South-West.

    The Governor said considering pivotal importance of good roads to developing the economy, he spent his first four years in office executing massive road projects across the state.

    Represented by the Secretary to the State Government, Alh. Olalekan Ali, the governor said all access roads in the three Senatorial District were dualised during the period.

    Read Also:Ajimobi swears in three customary court of Appeal judges

    He added that the road projects would attract both foreign and local investments which is expected to create jobs and better lots of the people.

    “We plead to use your good office to credit us N33 billion we spent on federal road projects in the first four years of this administration.”

    The Governor identified other federal roads such as Lagos-Ibadan expressway, Oyo-Ogbomosho road, Oke-Ogun road all seeking urgent interventions.

    Speaking on request for land title and additional land allocation for phase two of the National Housing Programme, Ajimobi said the requests were already approved.

    “The documentation in terms of land title is ready. The additional land for second phase of the project has been approved by the state government,” he added.

    Earlier, the Minister commended Oyo State government for its strong partnership in delivering dividends of democracy to the people.

    Zarma noted that infrastructure projects across the state were at different stages of completion.

    He restated commitment of the current administration to fulfilling its promises adding that request for land title on the already allocated land became important to legally take its ownership.

  • Pro-Chancellor hails FG over release of Unilorin lecturers’ allowance

    Dr Abdullah Oyekan, the Chairman of the Governing Council, University of Ilorin, has commended the Federal Government on the release of the long-awaited earned allowance for academic staff of the university.

    Oyekan, in a statement on Monday, also applauded the University’s branch of the Academic Staff Union of Universities (ASUU) for its display of civilised trade unionism.

    “I thank the Federal Government for honouring its pledge to pay the Earned Allowance of Unilorin staff along with others.

    “I must also express, on behalf of the Unilorin Council, my deep appreciation of the highly commendable display of civilized trade unionism by the rank and file of the Unilorin ASUU.’’

    He noted that staff members were expected to be role models for the generality of the masses on all issues.

    He, however, noted that the recent protest on the exclusion of the university from the first earned allowance list, was handled with remarkable decorum.

    “Unilorin ASUU has done Unilorin proud; first, in protesting the devilish exclusion of Unilorin ASUU from the first list and thereafter, the patience displayed when there was the delay in disbursing the money.

    “We were all witnesses to the dignified deaf ear that Unilorin ASUU leadership and members turned to taunts and fabrications of some miscreants calculated to undermine the reputation of their Union.

    “This strongly contributed to making Unilorin the most sought-after University in the country.

    “We salute their patience, tenacity, reasonableness and realism,’’ Oyekan said.

  • FG plans 100, 000 units mass housing scheme

    The Federal Government has said plans have reached advanced stage to deliver 100, 000 annual affordable homes as social housing scheme in the country.

    Minister of State for Power Works and Housing II, Surv Hassan Zarma disclosed this during inspection of Lafia, National Housing Programme (NHP).

    He said low income earners such as artisans, commercial vehicle operators among others would have access to the proposed affordable houses at sum of N2 million and N5 million for One-bedroom and Three-bedroom flats respectively.

    He explained that the housing project initiated by Office of the Vice President will be supported by the Federal Ministry of Finance but entirely different from the current NHP being executed in the 34 states across the Federation.

    According to the Minister, who is the Chairman, Presidential Initiative on Family Home Fund, government is committed to end housing deficits in the country.

    His words: “The 100, 000 houses is family home fund that is purely social housing programme. The cost will not be as high as this; it will be much more lower.

    “We are thinking of a One-bedroom that will cost N2 million and a Three-bedroom that will cost maximum amount of N5 million.”

    The Minister added that, “It will be as simple as possible, as simple as it can be affordable and as simple as it can adapt to our cultural backgrounds.

    He applauded progress of work at the Lafia NHP stressing that it will be beneficial to the people.

    Earlier, at his visit to the Nasarawa State Governor, Tanko Al-Makura, the 22.5MVA Capacitor Bank in Keffi will improve power in the state while the Loko road and Loko bridge of N51 billion are expected to boost social economic well-being of the people and state.

    He noted that the usual movement of people and goods through Jos to the South East will cease and it will be from Nasarawa into Taraba State.

    He pleaded for more lands for second phase for the NHP, stressing that the state will largely benefit from the scheme.

    “As chairman of the Family Homes Fund, directly under the Ministry of Finance, we are appealing for more lands for the project which will benefit your people and Nigerians at large,” he stated.

    Al-Makura, who was represented by his Deputy, Silas Agara, in his remarks, commended the Federal Government for infrastructure projects in the state.

    He described them as an attestation to President Muhammadu Buhari commitment to delivering on his campaign promises.

    He said about 13.8 hectares was donated to the Federal Housing Project and restated his commitment to provide additional land for second phase of the project.

    Read Also:Fashola raises hope on housing scheme

    He noted that over N65 million was paid to communities as compensation for the lands donated to the federal government.

    Speaking on need to consider local contractors, Governor urged the Minister to kindly review the process.

    He emphasised the road projects will change face of the state stressing that the power project will boost business activities as well.

    However, the Governor noted that the Toto – Nasarawa – Abaji road already became “den of kidnappers”, thus need for the federal government to consider the road rehabilitation.

    While explaining that the bulk of Rice consumed by the state comes from farmers at the River Benue shore, he said it would improve livelihood of the people and traders plying the road.

    The governor emphasised that the state deserves more in terms of infrastructure development, adding that the Lafia – Keffi 65 kilometres road had attained more than 40 per cent completion.

    “The road will improve food security in the state and FCT by the time it’s completed. Most of our people in Nasarawa State are farmers and this will help create market for the farm produce and reduce food prices,” he stated.

     

  • Jibiti nbe ni Lagos

    About a month ago, one of my readers called to register his displeasure with the topics I have been writing on in recent times. Apparently, he is not happy with certain developments in the country, particularly with the Federal Government, and would have wanted me to devote more time and energy in that direction. I quite understood his point. But I also made him to realise that there are so many things happening outside of the government that are worthy of mention; and perhaps with wider ramifications than even what is happening in government. At that time, I had written about the power sector generally twice before narrowing it to my personal experience in the sector in the third article, within a month. I asked him if the power sector was undeserving of such focus. He agreed with me. I also explained the rationale in one or two other articles I had written and he agreed with me. Since then, I have had to write on what I called “Killer excise duties”, in response to the over 500 per cent rise in the excise duties payable on locally made spirits and wines and its likely implications on the economy, among others.

    One point must be made though; and it is that in Nigeria, writers can hardly be bereft of issues to comment on, at the rate at which things are happening by the minute. But there is life after government. As a matter of fact, if one narrows one’s write-ups to the government, there is the tendency of just repeating oneself because there is hardly anything new to say on any given issue. Notwithstanding, I agree there are times one cannot but get angry enough to pillory the government when one reviews the goings-on in the country, especially when it is realised that our lives depend so much on what government does or fails to do.

    You can therefore imagine the quagmire I was in on Thursday when searching for what to write on this week. Somehow, I eventually settled for what would pass for a minor issue to many, but which would be quite appreciated by those who had fallen victims to such scammers. This is part of what used to make Lagos tick in reverse some years back. I remember King Sunny Ade at least once sang about it. Jibiti nbe ni Lagos, to’nta ‘le kan feni mejo (there is fraud in Lagos where a house is sold to eight buyers). It is all about those who sell the same piece of land to several buyers.

    However, this present case is not about land selling, but about renting out eight apartments to about 133 persons. The figure could be more; it could just be that only the 133 of them came forward to ask for justice in the matter.  The man in the centre of it all; one Alhaji Ayobami Oseni, a property developer, was only last week sentenced to 2,670 years for duping the 133 prospective tenants. As a matter of fact, it was the headline that grabbed my attention: “Developer bags 2,670 years for duping 133 tenants of N25m”.  That was sensational and catchy enough.

    What happened was that the developer was arraigned by the Force Criminal Investigation and Intelligence Department (FCIID) on December 7, 2012. Prosecuting counsel, Assistant Superintendent of Police (ASP) Abraham Fadipe, told the court that the one-storey building that Oseni was developing at 3, Church Street, Ajao Estate, Lagos, contained four mini-flats and two self-contained apartments. But Oseni posed as a landlord, erected vacancy signs around Ajao Estate when the building was under construction. As is usual in such circumstances in Lagos, it was only a matter of time for prospective tenants to start trooping in to make enquiries. Oseni began collecting rents, agency and agreement fees ranging from N160,000 to N300,000 from at least 133 of them, making a total of N25million and assured each of them that they would get an apartment in the building. The victims then petitioned the Lagos State Real Estate Transaction Department (LASRETRAD), an arm of the ministry of housing, which invited the police and held a watching brief during the nearly six-year trial.

    Chief Magistrate O.O. Olatunji who tried the case convicted Oseni after he pleaded guilty to 267 counts of conspiracy, obtaining  under false pretences, and stealing. Oseni bagged 10 years imprisonment on each of the 267 counts; there was no option of fine. However, since the sentences are to run concurrently, the developer would now spend about nine years in prison, having spent one year in prison custody.

    Someone who has not fallen victim to the antics of people like Oseni in Lagos or elsewhere might be wondering how that merits being commented on. But those who had been duped in the past would appreciate it even as the judgment would serve as deterrence to other prospective dupes who might want to toe Oseni’s path. Indeed, the case should also be of help to many people out there who might be looking for apartments, especially in Lagos, to look carefully before they leap.

    Cases like this simply remind us that Ejigbadero, the land-grabber-in chief in Lagos in the 1970s, is still very much around, even though he has since paid dearly for his crimes. His ‘descendants’ are still all over the place, prowling like some hungry lions, looking for the person to devour. But the good news is that much as the criminals have learnt to shoot without missing, the state government too has learnt to fly without perching, apologies to Chinua Achebe. Some people in the social circles would tell you that gonorrhea is a disease of the famous; land-grabbing or selling one plot of land to several buyers used to be a thing of pride in Lagos. Mercifully, all that is changing. There is hardly any crime that is committed that the Lagos State government does not have an answer to. If you are a man who cannot control your libido, you have the Lagos State Domestic and Sexual Violence Response Team (DSVRT) to contend with. The only regret here is that while this law protects only women against wife-beating, there is no such agency to take care of the men who are battered by their wives. Yet, the state government itself recently admitted that there is a growing incidence of wives beating their husbands to pulp. Then, just about two years ago, the state government came up with the anti-omo onile law or Properties Protection Law which is being enforced by the Special Task Force on Land Grabbers.

    In the Oseni matter, the victims took advantage of LASRETRAD. Although the case lasted six long years, the criminal got his comeuppance in the end. Like many other poor thieves, Oseni is not wasting anybody’s time by threatening to appeal the judgment.  The man simply accepted his fate. As a matter of fact, when Chief Magistrate Olatunji asked him for his allocution, Oseni merely asked for mercy. “Well, I plead for mercy from the court concerning the statement (sic) against me. I plead that the court should temper justice with mercy. I have learnt my lesson. I have been in detention for two years, 19 days. It will never happen again. I end my statement.” That was the end of the story. But our ‘ogbologbo’ (very important?) pen robbers would never accept even if they were caught with their hands right in the cookie jar. You will see all manner of legal luminaries propounding all manner of legal theories to prove that the judge was not learned in law or that his court was not even competent in the first place to try the matter. They will then threaten to appeal the judgment, knowing full well that their clients were guilty as charged. They will still be shopping for a corrupt judge through whom they could subvert the law to free their high influential clients.

    This is why the answer given by the acting chair of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu when Nobel laureate Wole Soyinka asked him (Magu) to show him the place reserved for our VIP suspects in the new ultra-modern EFCC headquarters in Abuja, excited me. Magu had told Soyinka (who apparently asked a leading question) that in the facility, all animals are equal. That is the way it should be. That is one sure way to put an end to corruption in the country.

     

  • Don urges FG to fast-track 2018 budget implementation

    Dr Tunde Adeoye, a Senior Economics Lecturer at the University of Lagos has advised the Federal Government to fast-track the implementation of 2018 budget so as to impact positively on average Nigerians.

    Adeoye, who gave the advice in an interview with the News Agency of Nigeria (NAN) on Thursday in Ota, Ogun, said that it was important to fast track the implementation so as to actualise the goals and purposes of the budget.

    According to him “The budget is lagging behind already and in the few months to come, the government will be preparing for the 2019 budget.

    “Before appropriation can be done, it will take some months,’’ he said.

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     Adeoye also advised the federal government to inject fresh funds into the system so as to keeps the economy going.

    “There is the need for the economy to be injected with funds because the nation is just getting out of recession.’’

    He said that apart from issues of timeliness, the 2018 budget was okay if only the government could work within the inspiration of the budget.

    The don noted that the nation was operating a budget within its revenue profile.

    He lauded the benchmark for crude oil that was increased from $45 to $50 for the 2018 budget, saying “it is also okay because the price cannot fall below this’’.