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Amidst President Muhammadu Buhari’s intentions to present the 2017 budget to the National Assembly, by next week Wednesday, December 14, the former Governor of Anambra State, Peter Obi, has unwittingly advised the President, on how his administration could effectively and judiciously manage the budget for optimum delivery.

‎Giving clue on how he effectively managed Anambra State funds for 8 years, he said, ‎”We did not save money, because the Governors did not want that.”
“No need agonizing about yesterday, it saps us of the energy to change tomorrow.
“Today, Budget IT showed only four States are viable – Lagos, Rivers, Awka-Ibom, and Enugu. Even those that are viable, are saddled with huge debts.
“Cost of governance here is unacceptable, we must reverse it now, or it consumes everybody.
“In Nigeria, House Members sit for about two times in a week, yet it is a full time job.
“The most critical thing for the country is education. While Asian countries were busy investing in education, we were busy investing in consumption, picnicking, and dancing.
“In Asia, things are changing, being driven by education.‎ In education, the Federal Government wanted to invest N22.5 billion, but the States said they did not have money to pay as counterpart.
“How can we get N25 billion? A Governor in Nigeria uses 25 vehicle convoy, the wife 15 and Deputy, 10.
“I started with it. Today’s average cost of one vehicle on the convoy is N25 million. It is therefore, approximately N1.25 billion per State, and N45 billion, for the 36 States.
“All they need, is reduce the convoy to 12 vehicles for the Governor, 7 for the wife, and 5 for the Deputy, and there would be enough money for the counterpart.
“In my own time, we discussed it in EXCO, I used 5 vehicles, and my Deputy 3. Using small convoy vehicle does not make you less a Governor.”


“It is criminal, and irresponsibility, that some States receive 3 to 4 billion Naira every month, and take over 1 billion Naira as security vote per month.
“Even if we are in a war situation, we should even declare surrender,” Peter Obi said.‎
Presently, the strong worded statement has sent confusion in the camp of the All Progressive Congress, APC, as they are unable to properly account for the N6.07 trillion 2016 budget expenditure.
The former Governor, speaking further, said, “We should not spend more than 5% of our revenue as security vote. If there is any need to spend more, it should be taken to the EXCO, or Parliament, for approval.
“I was the Governor for eight years, and I say it everyday, if you know any contractor whose certificate was not paid, or any supplier who was not paid, show the person to me.
“I did not borrow any kobo, and did not request anybody to raise bonds for us, and yet I left money for the State.
“I have said it repeatedly, that I left 56 million dollars, and 12 billion Naira in Fidelity Bank. I left 50 million Dollars, and 10 billion Naira in Access bank. I left 50 million Dollars, and over 10 billion Naira in Diamond bank.”
“Why should States own Lodges in Abuja? Do Governors live there? I shut down our own, and allowed UNDP people to use it, thus, attracting all their programmes to the State,” Peter Obi said.
‎Meanwhile, in a letter read by Senate President, Bukola Saraki, at plenary on Tuesday, December 6, President Buhari promised that the 2017 budget proposal would lead Nigeria out of recession. ‎

He said, ‎”I crave the kind indulgence of the National Assembly, to grant me the slot of 1000 hours on Wednesday, the 14th of December, 2016, to formally address a joint session of the National Assembly, on the 2017 budget proposal, and our plans to get the country out of recession”, the President wrote.‎
‎According to a close source, “‎A total spending of N7.28 trillion, is being proposed for ‎2017.
“Most of the government policies are targeted at reducing unemployment, and poverty, while creating wealth.
“These are areas of benefits for ‎Nigerians, and the workers, which are of concern to the government,” the source said.‎

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