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Nigerian Governors approach World Bank for $3.25b la




The 36 state governors have decided to turn to the World Bank as one of the ways of surviving the current economic downturn in the country, which has made it difficult for many of them to pay workers’ salaries.
They are putting machinery in place to access a $3.25bn portfolio currently lying idle in the bank.
The Chairman, Nigeria Governors’ Forum, Alhaji Abdulaziz Yari; and Kaduna State Governor, Nasir el-Rufai, briefed State House correspondents about the decision to approach the World Bank at the end of a meeting of the forum held inside the Presidential Villa, Abuja on Thursday.
The meeting, which started at about 8.45pm on Wednesday, ended in the early hours of Thursday.
Yari, who is the governor of Zamfara State, said he and his colleagues decided to invite the Country Director of the World Bank, Rachid Benmessaoud, who briefed them on the $3.25bn fund available in the bank, which largely belongs to the state governments but had not been accessed.
He said because of the cumbersome procedure for accessing the fund, most of the governors did not know that such existed in the bank.
Yari explained that it was el-Rufai’s initiative that officials of the bank should come and make the presentation so that the governors could be properly educated.
He added that the states had been defaulting in the payment of their own part of the World Bank fund because of the economic downturn afflicting the country.
He, however, said the bank officials had agreed to revisit the issue.
The governor said, “They came to educate the governors so that they would know that this money is there. This could help us in the kind of difficult situation we are in so that we can move forward in terms of infrastructure development and other matters in our respective states.
“We had a presentation from the World Bank officials and we agreed on the terms. The governors made their own contributions, especially the issue of counterpart funding, which the bank accepted they are going to look into.”
Yari added, “Also, they agreed that they would give us the details of how much each state could access. As of now, they are ready to facilitate a kind of workshop for the state governors, the commissioners of Finance and other officials for us to know how best to move and access these funds for the betterment of our respective states.
“We discussed the issue of counterpart funding. It is more difficult for us to fulfil our own part, because we are struggling to see how we can pay salaries. That is the most difficult aspect of it and they promised that they would look into it; and immediately that is done, the states will move fast to ensure we access it.”
El-Rufai admitted that all the state governments were broke, adding that this was the reason why they must work hard to access the money.
He expressed the belief that the idle money was capable of turning around the fortunes of the states.
El-Rufai explained, “The World Bank portfolio for the states for this year is $4.25bn and out of that, $3.25bn is lying there undisbursed, which means the states are not meeting their conditions or not moving fast enough to draw this $3.25bn.
“You know $3.25bn can do a lot to improve the lives and livelihood of our citizens in the states, and the World Bank has expressed its flexibility to look into the challenges we are facing as well as the procedure to ease accessing this money. The World Bank wants us to withdraw the money as quickly as possible so that our citizens will get the benefits from health to education, agriculture and the revival of livestock and water supply.
“These are the areas for which most of these funds are dedicated and we all need the money, because we are all broke. So, we are going to work very hard to try to get the money in trust.”
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On Chieftaincy Matters in Tiv land-Prof Iorwuese Hargher


By Prof. Amb. Iyorwuese Hagher Ph.D


As an unquestionable multiple stakeholders in the Benue Project, it will be strange if not irresponsible if I do not speak on critical matters that affect our state. I spoke strong truths during Suswam’s administration and I have no reason to withhold my opinions to the Governor Ortom’s APC Government, which was elected by the citizens in a popular mandate and this victory upheld by the Nigerian judiciary. My understanding of Ortom’s mandate is to provide correction as directed by God himself where previous administrations erred and where the Benue people feel oppressed. I believe that the APC led House of Assembly are Honourable members partnering with the Governor on the agenda driven by an attitude of change.
The Politics Of First Class Chiefs
The hasty passing of the Chieftaincy Bill at the tail end of the last PDP administration made many Benue citizens helpless before the mammoth political machinery that closed its ears to constructive advice. This was why entreaties from me, and Prof. Mvendaga Jibo, (the leading intellectual authority on the Tor Tiv Institution) and others, were biliously brushed aside.  Now that this administration wishes to amend the law, I need must warn that politics and traditional institutions make risky bedmates. We are all witnesses to the contempt with which part of the Benue political class held some heads of traditional institutions in Benue and their malevolent struggle for relevance and survival.The power of traditional institutions in Nigeria was eroded from when they were the Upper Chamber of the Nigerian Legislative houses in the Richards Constitution of 1945 to the Littleton Constitution of 1954, revised in 1957 when thy started their downward spiral; to the 1999 Constitution when they lost all administrative power. This loss of power was justified by the nature of a republic where power devolves to the citizens and not the monarchy (Chiefs, Obas, Sultans, Emirs, Obas, Ator, Ochis and Ters) and the fear of establishing a parallel state status for the traditional rulers. But the most important reason the people of Nigeria progressively sidelined the traditional rulers was their loss of dignity and relevance, as they became corrupt, impunity loaded and merely political party enforcers. This state of affairs was parodied in Benue when the Tor Tiv institution became a victim of poor choices made by the last two civilian administrations.
Every administration must approach public policy with decisional justice and fair play especially where there is strict adherence to the rule of law. The Introduction of first class chiefs on Intermediate areas is without justification in a modern administration. The intermediate areas were a creation of the colonial administration and have been long superceded by the creation of local governments. If Benue State people desire to have first-class chiefs then let all the present second-class chiefs become first-class chiefs. The promotion of some to the exclusion of others without clear metrics is a form of injustice. The Constitution recognises Local Governments and not any intermediate areas. We are stoking political fires when we take this approach by rejecting the time worn traditions, that the chieftaincy position a man is sworn in is the one in which he dies. To promote some and not others will lead to careerism and instability in the traditional system.
Let me also state that I am not against the establishment of strong traditional leaders in Benue and Nigeria. This is because of the thinking that the political class has woefully failed in transforming the country and its constituent states to modernity. The politicians obfuscated community development initiatives by predating on state resources in unbelievable wantonness.
This is why there is a new thinking that perhaps as an act of desperation we should beckon on the traditional rulers who as custodians of indigenous political values and practices might assist the political class so that the state is reconstituted with the integration of traditional rulers. The new thinking should permit the state to ascribe roles for traditional rulers in conflict resolution, consensual decision making and settlement of border disputes alongside mobilisation of the people towards the promotion of education, preventive health, incubation of enterprises, inspiring the rule of law, and urging participation in electoral processes. The Benue Assembly should spell out these specific functions of the traditional institutions without running afoul of the 1999 constitution.
 Appointment Of The Tor Tiv
I wish to contribute on the draught law, which sets the criteria for the appointment of the Tor Tiv. To do this effectively I wish to announce that even though I am suitably qualified to be the next Tor Tiv, I have prayerfully ceded my right to contest for that stool so that I can continue to be the independent voice of the people. This is why I again feel entitled to make these unbiased contributions. There is urgency as the next Tor Tiv appointment is merely awaiting the passing of this amended law. I am aware that aspirants to the Tor Tiv position and contending communities have tried to stake their claims of eligibility. Claims and counter claims have erupted and you will need to thread carefully so that the Tor Tiv institution does not suffer a fatality.
The worst nightmare to avoid is where one or more candidates and communities feel aggrieved that the criteria and laws passed and selection process is not based on historical precedent, or just and fair and is biassed against them. Such discontents could drag the process to litigation or feel alienated and refuse to recognise the new Tor Tiv.  I am aware that it is possible to get away with political impunity by doing things, which can be done through the aegis of political power.  We can do all things when we have political power. But we should do the right things that are just and sustainable. Shakespeare says “ to be thus is nothing but to be safely thus”. The graveyards of history are littered with past politicians who engaged in political impunity and demagoguery.
Succession to the Tor Tiv stool has evolved without acrimony since 1946. There is total agreement that the philosophy of power sharing by rotation between the Ichongo and the Ipusu lineage is the guiding criteria. When the Tor Tiv dies, the stool passes to the next lineage. The wisdom of this rotation disqualifies anybody in the late Tor Tiv’s family and lineage. In Tiv canons, it is safe to say that since we do not practice primogeniture the last person to aspire for the next Tor Tiv in Tivland is the son of a late Tor Tiv.
This means in present circumstance that, even if the Tor Tiv should evolve over the generations to Minda, it ought not to go to the Iharev super clan, and when all have taken their turns and it is the turn of Iharev in decades to come, it should not go to the clan of Alfred Torkula and least of all to any of his children.  The Tiv have over the decades evolved a traditional democracy based on genealogy and lineage which has been set in stone through precedence and through scholarship, government archives, political records,traditions and palace chronicles. Any innovation that is contrived merely by political expediency and denies the veracity of history is an injustice.
My appreciation goes to the Governor of Benue State, Samuel Ortom for his government revisiting the Benue State Council of Chiefs and Traditional Council’s law 2015. The amendment bill, which is being  considered  points to several errors and misrepresentations. Sadly the House has omitted the most egregious of all errors the consequences of which would result in fatally flawed selection process and kill tradition, truth and justice.
In Section 16 (1) and Schedule 3, the last Assembly erred and the former governor also erred in signing into law that the major components of IPUSU were SHITILE, UKUM, MBAIKOR, JEMGBAGH JECHIRA AND TONGOV. THIS IS INCORRECT FROM ALL AVAILABLE ORAL AND WRITTEN RECORDS. I wish to refer the Assembly to the respected recordsin the contributions of (a). Mvendaga Jibo, The Tor Tiv Institution, and Mvendaga Jibo Chieftaincy and politics: The Tor Tiv in Politics and administration in Tivland.(b). J.D. Ndera, Wombo Makar: historical reflections on Chieftaincy and Colonial Experience in Tivland. (c). Alfred Akawe Torkula, The Concept, Practice and Colonial Influence on Kinship System among the Tiv people of Central Nigeria. (d.) Tesemchi Makar, A History of the Tiv people in the 19th and 20th. Century circa 1800-1960. (e) John Ngusha Orkar, A Pre-Colonial History of the Tiv of Central Nigeria C.1500-1850. (f). Benjamin Akiga Sai The history of the Tiv and Akiga Sai, The Descent of the Tiv from Ibenda Hill. And Paul and Laura Bohannan, Tiv farm and Settlements. There are other written and oral sources of enlightenment not cited here should you desire further illumination.
All the authorities above are unanimous, and I likewise support the fact that genealogy is the key to Tiv social organisation, and that the man Tiv had ten grandsons from his two sons, ICHONGO and IPUSU since his third son Poor died without an issue. These ten have become the super-clans between whom the chieftaincy stool rotates. ICHONGO super-clans are, IHAREV, IKURAV, MASEV, NONGOV, TURAN AND UGONDO.  Among the IPUSUthe super-clans are SHITILE, UKUM, KPAREV, andTONGOV. It is incorrect to make the sons of Kpar sit at the table in individual capacities when sharing takes place among the Tiv super clans. The Tor Tiv sharing formula should not be between Mbaikor, Jechira and Jemgbagh. These should be subsumed under the Kparev (a collective for sons of Kpar)super-clan. Governor Ortom has corrected a similar aberration in the case of Ukum Local Government where the children of Ngen and Cha   Mbaterem and Torov were excluded in the law being amended. See page 5. Schedule 6 column 3 of no. 2.
It is important to stress that the error in the law enacted by the last administration for the composition of the Ipusu lineage is partly responsible for the upsurge of aspirants for the Tor Tiv stool especially among the sons of Kpar. The Tor Tiv Dr Akperan Orshi was crowned on behalf of all sons of Kpar. Subsequently, when he died the stool went to the sons of Ichongo and Alfred Torkula was crowned on behalf of all Iharev super-clan members.  The same children of Kpar are now contending for the Tor Tiv stool when other super-clans like Shitire, Ukum, and Tongov have not yet been crowned the Tor Tiv.  Your inability to effect this change will throw the Tor Tiv stool into a stormy and needless rancour.
 Ter-Katsina Ala Succession.
 On page 5 of your amended bill, (the assent page) Column 3 no.9 schedule 6, the House seeks to amend the bill where the it made provisions for the principal units from where the Ter Katsina-Ala is appointed.
The bill erred in combining Tongov and Ikurav into a single entity on the one hand and Shitile on the other. In the political realm where demographics are the sole criteria, wards have necessitated the power-sharing formulae between Shitile and Loko constituency. In the appointment of traditional TER chieftaincy, it should be considered that in the Loko constituency the Tongov and Ikurav are both super clans of Ipusu and Ichongo, and Shitile also a distinct Ipusu super clan.  It is this unique composition of Ipusu and Ichongo super clans in Katsina-Ala, Kwande, and Makurdi that requires a distinct rotation on the component super clans. Therefore, it is more expedient that TONGOV, IKURAV and SHITILE remain the distinctive components. Similarly, at the Local Government level, it would be most unwise to devolve the components of traditional Ter chieftaincy to Ichongo and Ipusu at the micro level without throwing Tivland in confusion. They should be handled with justice and care in an evenhanded manner among all the Local Governments.
 Women In The Traditional Rulership
I wish to appreciate the wisdom of the House for upholding that a woman can at least be considered for Third Class Chieftaincy position in the Amendment Bill. The world is changing and we must change with it. Tiv society was never disdainful of women especially the elderly who had gerontocratic clout as much as the men. Even during Tiv migration they held the home secure while our ancestors fought in wars. They guaranteed the security of Tiv existence. They are half of Tiv humanity and I look at the next Tor Tiv as the person to advocate for more open spaces in politics, careers and homes for the embattled Tiv woman. After all, Tiv daughters who performed as ministers, commissioners, police officers, vice-chancellors, and legislators performed with no less competence as the best of our men. It is on record that a Tiv woman was the first to become a speaker of a House of Assembly in Nigeria.  We can still lead the nation in founding modern traditional Tiv stools based on our republican nature and our sense of justice and balance in our social relations. Our mother’s wives and daughters who are absent now need to become involved.
In conclusion, I wish to remind the  Speaker and Members of the State House of Assembly  they are all in a unique position to contribute to nation building in a significant way. Their approach to duties will be a testimony of their individual contributions to the well-being of our people whose destiny is in their hands. The time for change is here when democracy must focus on treating citizens fairly, with respect and their rights and dignity upheld. We are all living witnesses of how bad governance has corrupted our society. Epic battles will confront you as you stand on behalf of justice against vested interests of those that are political predators and are armed with anti-people policies even among your members. I urge the lawmakers to identify with the challenge of the Christian in government where governance ought to be our vocation as sons of God to do justice, love mercy and humbly serve God. Indeed, we are the ones the Bible said that the world has been waiting for: Romans 8:19 (NKJV) “The earnest expectation of the creation eagerly waits for the revealing of the sons of God.”
–Prof. Amb. Iyorwuese Hagher Ph.D., FSONTA, FIMC, CMC, OON sent this peace from Dayton Ohio, USA.
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Trump has a history of questionable behavior with women- New York Times









Republican U.S. presidential candidate Donald Trump speaks at a campaign rally in Eugene, Oregon, U.S. on May 6, 2016.   REUTERS/Jim Urquhart/File Photo
Republican U.S. presidential candidate Donald Trump speaks at a campaign rally in Eugene, Oregon, U.S. on May 6, 2016.
REUTERS/JIM URQUHART/FILE PHOTO

Interviews with dozens of women who have worked for Donald Trump or interacted with him socially reveal a pattern of often unsettling personal behavior by the Republican presidential candidate, The New York Times reported on Saturday. 

The Times, which said it based the article on more than 50 interviews, quoted women who recounted episodes in which he treated women as sexual objects and made comments about their bodies. But some women said Trump had encouraged them in their careers and promoted them within his businesses, often in positions in which women tended to be excluded.
When asked about the unflattering incidents described in the article, Trump either denied that they took place or disputed the details, the newspaper said.
“A lot of things get made up over the years,” Trump told the Times. “I have always treated women with great respect.”
A Trump representative did not immediately respond to a request by Reuters for comment.
Barbara Res, who oversaw construction of Trump's Manhattan business headquarters, said he would sometimes interrupt meetings with comments about women's figures. 
During a job interview for a Los Angeles project, for example, Trump made a random aside about Southern California women. "They take care of their asses," Res recalled Trump saying.
Years later, when Res says she had gained weight, she said Trump told her: "You like your candy."
Even so, Res, who worked for Trump for 12 years before quitting and then came back as a consultant for six more, said she was grateful to Trump for her professional opportunities, though she said he frequently called her "Honey Bunch," the Times reported. 
Trump also earned a reputation for being seen with beautiful women dating back to his days at a New York military-style boarding school where he was named "ladies' man" in the yearbook, the Times reported. 
Barbara Fife, a deputy New York mayor in the 1990s, recalls Trump telling her at her City Hall office that he was in a hurry because he had "a great date tonight with a model for Victoria’s Secret," she told the Times.
“I saw it as immature, quite honestly,” Fife was quoted as saying.
As a candidate, Trump has made frequent references to his record in business as evidence of how American women would benefit if he is elected. He has often said that no one “cherishes” or “respects” women more than him.   
    Some of those interviewed praised Trump for giving women positions of power.
“I think there are mischaracterizations about him,” Jill Martin, assistant counsel at the Trump Organization, told the Times. “For me, he’s made it a situation where I can really excel at my job and still devote the time necessary for my family.”
The story comes less than two weeks after the last of Trump's Republican rivals dropped out, all but assuring him the party's presidential nomination this summer. 
Throughout his improbable campaign, Trump has managed to deflect criticism about his attitude to women, fueled by verbal insults he lobbed at Fox News anchor Megyn Kelly and former Republican candidate Carly Fiorina. 

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US to return $350m stolen by retired Generals


The United States government has reassured the President Muhammadu Buhari-led Federal Government that it would return at least $350m of stolen money from Nigeria.
US Secretary of State, John Kerry, made this pledge during the Anti-corruption Summit Plenary at Lancaster House London, United Kingdom.
He said, “This money goes somewhere, folks. When I read that tens of billions of dollars were stolen from President (Muhammadu) Buhari’s country by generals and put into other nations, some of it in our country – and we are now working to restore $350 million back, and there’s more to be restored to the people.
“And every one of those million dollars that comes back to a country is the opportunity to provide a desk and a chair and school and shelter and health care and meet the needs of nations. That is why we organise ourselves in the world around rule of law and in an effort to try to provide for our citizens,”
According to him, criminal activity is a destroyer of nation-states because it contributes to drug trafficking and arms smuggling.

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London elects Sadiq Khan,first Muslim mayor



uk labour party anti Semitism Black PKG_00023424
uk labour party anti Semitism Black PKG_00023424

UK's Labour Party rocked by anti-Semitism allegations 02:38
London (CNN)Sadiq Khan, a practicing Muslim and Labour Party politician, has been elected mayor of London, marking a political milestone in the Western world.
Londoners voted in Khan, 45, as the first Muslim mayor of a major Western capital city. He will take office in a metropolis where his fellow Muslims comprise about 12% of the population.
His victory followed an unusually bitter campaign against Conservative candidate Zac Goldsmith, the son of a billionaire, in which race and religion have proven ugly flashpoints.
Congratulations @SadiqKhan. Can't wait to work with you to create a London that is fair for all! #YesWeKhan pic.twitter.com/FqRjfY1xNT
— Jeremy Corbyn MP (@jeremycorbyn) May 6, 2016
The London-born son of Pakistani immigrants, Khan grew up with his six brothers and sister in a three-bedroom, public housing apartment. He studied law, became a university lecturer and the chairman of a civil liberties group, and was elected to Parliament in 2005.
Affordable housing in a city increasingly drawing the super-rich, aging infrastructure and transportation are top issues facing the new mayor.
Sending congratulations to London's new Mayor and fellow affordable housing advocate, @SadiqKhan. Look forward to working together!
— Bill de Blasio (@BilldeBlasio) May 6, 2016
Khan is replacing incumbent Boris Johnson, a colorful and popular figure who took office in 2008 and was a rare Conservative mayor in the Labour-leaning British capital.
    Congratulations to @sadiqkhan-1st Muslim Mayor of London- a city for all cultures, backgrounds & religions. A great example to young Muslims
    — Jemima Goldsmith (@Jemima_Khan) May 6, 2016
    Johnson is leading the campaign for Britain to leave the European Union at a referendum on June 23. He is clashing with Prime Minister David Cameron, who is in favor of the United Kingdom remaining.
    Boris Johnson: The maverick mayor who could lead the UK out of Europe

    Labour plunges in Scotland, UKIP gets first seats in Wales

    The London race was one of several in the United Kingdom on Thursday. Voters also elected candidates for mayoral positions, local council seats, and parliamentary and assembly seats in Scotland and Wales.
    The Scottish National Party -- which campaigned for Scotland to leave the UK in 2014 -- won more Scottish Parliament seats than any other party, but failed to secure an outright majority.
    The SNP has tonight won an historic third term as Scotland's government. I pledge to be First Minister for all of Scotland. #SP16
    — Nicola Sturgeon (@NicolaSturgeon) May 6, 2016
    Labour plunged to third, behind the Conservatives -- a result that would have seemed unimaginable several years ago in the former Labour stronghold.
    In Wales -- like Scotland, a traditionally left-leaning part of the country -- Labour retained its place as the largest party. But the pro-Brexit, anti-immigration UK Independence Party (UKIP) picked up its first seats there.
    What is... Brexit?
    What is... Brexit?

    What is... Brexit? 01:12
    UKIP leader Nigel Farage tweeted that "UKIP now stands up for many traditional Labour voters abandoned by Mr. Corbyn's party" -- a reference to Jeremy Corbyn, who became Labour leader last year.
    UKIP now stands up for many traditional Labour voters who have been abandoned by Mr. Corbyn's party.https://t.co/HitGK2kYA3
    — Nigel Farage (@Nigel_Farage) May 6, 2016

    Outrage over terrorist 'friends' article

    In London, the mayoral campaign took a particularly vicious turn when Goldsmith, trailing his rival in polls, penned a controversial column May 1 in Britain's Mail on Sunday newspaper.
    Zac Goldsmith
    Zac Goldsmith
    Headlined "On Thursday, are we really going to hand the world's greatest city to a Labour Party that thinks terrorists are its friends?" the piece ran with an image of one of London's signature red double-decker buses that had been blown apart in the 2005 terror attacks in the British capital.
    The attacks, carried out by Islamist extremists, left 52 people dead.
    In the article, Goldsmith accused Khan and the leaders of the Labour Party of having, "whether intentionally or not, repeatedly legitimized those with extremist views."
    The piece provoked outrage, and was seen as Islamophobic and unnecessarily divisive in a diverse city whose residents, Muslim and non-Muslim, live under the specter of the ISIS terror attacks that have struck Paris and Brussels in recent months.
    The United Kingdom says the current threat level for international terrorism is at severe, meaning an attack is highly likely.
    Students convicted of plotting London terror attack
    "Tomorrow we must defeat Goldsmith's vile race politics," wrote Maya Goodfellow, a writer for Labour-affiliated blog LabourList, in a comment that was retweeted by Labour MPs.
    UK police arrest 5 in terror probe
    Even members of Goldsmith's own party were critical.
    Baroness Sayeeda Warsi, a Conservative parliamentarian and Muslim, tweeted: "This is not the Zac Goldsmith I know. Are we Conservatives fighting (to) destroy Zac or fighting to win this election?"
    Goldsmith, a former journalist, attended the elite Eton College and the Cambridge Centre for Sixth-form Studies, and was editor of The Ecologist magazine for nine years. He was elected to Parliament in 2010.
    This is not the @ZacGoldsmith I know.
    Are we @Conservatives fighting 2 destroy Zac or fighting to win this election? pic.twitter.com/fzYBUDSjMG
    — Sayeeda Warsi (@SayeedaWarsi) May 1, 2016

    Labour's anti-Semitism scandal

    The mayoral campaign has been taking place amid an anti-Semitism scandal gripping Britain's Labour Party, which has seen Labour MPs and councilors suspended after making anti-Jewish remarks.
    Critics have accused the left-wing party of being too accommodating of those with anti-Semitic and Islamist views, prompting Corbyn, the party's leader, to set up an independent inquiry into the allegations.
    Jeremy Corbyn
    Jeremy Corbyn
    One of those accused of having made anti-Semitic remarks was Ken Livingstone, the last Labour figure to serve as London mayor.
    David Cameron joined the fray, accusing Khan in Parliament of having shared a platform with an alleged ISIS supporter from his constituency on multiple occasions.
    Khan tweeted in response to the accusations: "Disappointed PM has joined Zac Goldsmith's divisive, dog-whistling campaign. I've fought extremism all my life."
    The perils of ignoring Holocaust history
    The perils of ignoring Holocaust history
    The candidate admitted in an interview with The Observer newspaper on Saturday that the anti-Semitism fight had probably hurt his prospects, and said his party needed to do more to confront the problem.
    "There are too many examples in our party of people having these views, and action does not appear to have been taken quickly enough," he told the newspaper.
    Some Labour figures had argued the scandal was the result of a political smear campaign against the party ahead of local elections.
    CNN's Don Melvin, Phil Black, Nick Thompson and Joe Sterling contributed to this report.
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    Buhari signs 2016 Appropriation Bill into law

    1. It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assembly, in particular, the Senate President and the Speaker of the House of Representatives, and indeed all members of the National Assembly for their cooperation in making this a reality.
    2. The budget is intended to signpost a renewal of our commitment to restoring the budget as a serious article of faith with the Nigerian people. This Administration is committed to ensuring that henceforth the annual appropriation bill is presented to the National Assembly in time for the passage of the Act before the beginning of the fiscal year.
    3. Through the 2016 budget, aptly titled "Budget of Change’’, the government seeks to fulfill its own side of the social contract. The Budget I have signed into law provides for aggregate expenditures of N6.06trn. Further details of the approved budget, as well as our Strategic Implementation Plan for the 2016 budget, will be provided by the Honourable Minister of Budget and National Planning.
    4. I shall be speaking in more details about the Budget, its implementation and the over-all national economic and social policies of the Government in my address on May 29th, God willing.
    5. In designing the 2016 budget, we made a deliberate choice to pursue an expansionary fiscal policy despite the huge decline in government revenues from crude oil exports. This is why we decided to enlarge the budget deficit at this time, to be financed principally through foreign and domestic borrowings. All borrowings will however be applied towards growth-enhancing capital expenditures.
    6. The signing of the budget today will trigger concerted efforts to reflate the Nigerian economy, a key element of which is an immediate injection of N350bn into the economy by way of capital projects. To illustrate our renewed commitment to infrastructural development, the 2016 budget allocates over N200bn to road construction as against a paltry N18bn allocated for same purpose in the 2015 budget.
    7. Despite the current difficulties we will work extra-hard to achieve our revenue projections. Our revenue generating agencies are coming under better management and are being re-oriented. The implementation of the Treasury Single Account (TSA) is expected to contribute significantly to improving transparency over government revenues.
    8. Our determined fight against corruption is resulting in improvements in the quality of public expenditure. The work of the Efficiency Unit, as well as other public financial management initiatives, are also contributing in this regard. The continuing efforts to reduce recurrent expenditures should hopefully free up more funds for capital expenditure in 2017 and beyond.
    9. As I said in my New Year message, living in State House does not in any way alienate me from your daily struggles. I read the newspapers and listen to the TV and radio news. I hear your cries. I share your pains.
    10. We are experiencing probably the toughest economic times in the history of our Nation. I want to commend the sacrifice, resilience and toughness of all Nigerians young and old who have despite the hardships continued to have hope and confidence of a great future for Nigerians. But permit me to say that this government is also like none other. We are absolutely committed to changing the structure of the Nigerian economy once and for all.
    11.We are working night and day to diversify the economy so that we never again have to rely on one commodity to survive as a country. So that we can produce the food we eat, make our own textiles, produce most of the things we use. We intend to create the environment for our young peoples to be able to innovate and create jobs through technology.
    12. I cannot promise you that this will be an easy journey, but in the interest of so much and so many we must tread this difficult path. I can assure you that this government you have freely elected will work with honesty and dedication, day and night to ensure that our country prospers and that the prosperity benefits all Nigerians. God bless Federal Republic of Nigeria.








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