2018 National Budget: Ogun Residents React

By on November 12, 2017

Reactions have continued to trail the recent presentation of the N8.6 trillion “Budget of Consolidation” to the National Assembly by President Muhammadu Buhari for 2018 fiscal year.

Most of the stakeholders that spoke with OgunToday in Abeokuta commended President Buhari for early presentation of the budget, which they believed would addressed the many challenges of the country.

Hon Akinpelu Aina (Ado Odo Ota 1 constituency) , Member, Ogun House of Assembly Committee on Finance and Appropriation, commended President Muhammadu Buhari for the quick presentation of the 2018 budget.

He lauded the government for increased allocation to key sectors like Transportation, Works and Power as well as Agriculture.

Aina said that the government should ensure that the over N8.6trillion budget was realistic and should also ensure that the people at the grassroots felt the impact of dividend of democracy.

He stated that the government should ensure that it does everything possible not to take the country back to recession, saying that he believed the budget would focused more on people oriented programmes.

The lawmaker stated that the implementation of the 2018 budget must impact positively on the masses.

“I want to also say that the issue of Agriculture should be taken seriously, since the Federal government has shown commitment to diversify from Oil.

“If the Federal government is banning importation of food items, farmers should be able to enjoy a conducive environment in other to succeed and put surplus food in the market, ” he said.

He urged the legislature to take the issue of oversight serious by ensuring that the programmes in the budget were implemented.

Aina, however, expressed concerned in the heavy reliance on revenue from non-oil export for financing of 2018 budget and also the projected N305 exchange rate to the dollar, which he considered might be unrealistic.

Mr Alamutu Azeez, an expert in economics, who is based in Abeokuta, also appreciated the government on the early presentation of the 2018 budget of consolidation.

Azeez noted that the effect of the budget just presented by the president would be in terms of capital expenditures, those projects that would directly affected the lives of every Nigerians.

He expressed worries that the 2018 budget still had more of recurrent expenditure than capital expenditures, saying that such would continue to affect the Infrastructural growth of the country.

” I think the effect of the just presented budget will be in terms of capital expenditures, that’s those project that will directly affect the lives of every Nigerian.

“But sadly, this budget still has more recurrent expenditures than capital expenditures which is not too good,”  he said.

In his view, Johnson Adeleke, a Youth Corper in Abeokuta , said that most of the previous budget presented had always gone unimplemented, saying that the 2018 budget might followed suit.

The youth corper wanted the government to take governance to the nook and cranes of the country through the provision of basic amenities that would be of benefits to the citizens.

Adeleke, however, urged the Federal Government to tackle the issue of unemployment and also ensure that the security of lives and property was taking serious.

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