* Osinbajo |
Vice-President, Yemi Osinbajo said Monday that the Federal Government would, in a few days time, begin the implementation of the 2016 budget, which he described as the most ambitious in the history of the nation.
According to him, the budget is not only ambitious in size but also more in its broad range of fiscal policies. Our strategic implementation plan proposes 33 action points.
"The action points cut across six political ties of security, governance, economic diversification, power, road and rail, oil and gas, ease of investments and social investment," he said.
Osinbajo said that for the first time in three years, the nation would have 30 per cent of the budget going for capital expenditure, a percentage that was three times higher than the last budget.
He said that the capital expenditure would take care of several aspects of infrastructure, particularly rail, road and power.
According to him, the rail link between Lagos and Kano as well as the one between Lagos and Calabar will be captured.
He said that government had budgeted that by July, 65,000 youths would be trained in software and hardware, adding that government’s aim was to build a reservoir of technologists.
Osinbajo also listed the training of 370,000 Nigerians in various vocations, conditional cash transfer to the poor and loan facilities for market women as part of the programmes to be expected.
He said that the administration would ensure that corruption has consequences, adding that no public officer who steals would go scot-free.
The Vice-President described the moment as that which Nigerians must come together to ensure that things work in the building of the nation of everyone's dream.
0 Comments