Femi Gbajabiamila, the Majority Leader of the House of Representatives has given an up-vote for the 2016 Budget despite all the drama that has surrounded it.
The Majority Leader says the 2016 budget is the beat the country has had so far, further opining that the budget was an historic one based on the 30% allocation to capital expenditure as contained in the 2016 budget.
The lawmaker however requested an increment of the capital expenditure in the coming year’s budget. In his series of tweets, he called that the allocation for capital expenditure be raised to 40% as the 2016 Budget will serve to enhance even development in the country.
Femi Gbajabiamila added; “I mentioned earlier that this budget is historic because it has a social intervention component. This is because this is the first time that 30 per cent of our budget will be dedicated to capital expenditure in recent history.
“2016 budget is the first all-inclusive budget that seeks to carry all Nigerians along; the rich, the not-so-poor, the not-so-rich and others. It is my hope and that of the House of Representatives that the 2017 capital expenditure will be increased to 40 per cent.
“The 2016 budget is epic not just because of its mega size of N6tn but for the reason that it touches on the wellbeing of the people.”
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