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Post by olukumi on Feb 10, 2016 1:35:33 GMT
Conpetent & Courageous Minister Has This to Say:
Dayo Orolu WROTE:
I was at a CFO Forum earlier today where the Minsiter of Finance, Ms Kemi Adeosun made a presentation. My key take-away: 1. The FG payroll bill in January 2016 was 5billion naira less than that of December 2015. Reason: many fraudulent ghost accounts had been delisted. Plan is to achieve 10bilion monthly savings. 2. 400 accounts opened in a Bank sameday and put on the payroll are now inactive due to BVN. (Some Bank Managers will be transfered to Kuje in no time). 3. Govt plans to reduce domestic borrowing to fund budget deficit as to 'force' banks to lend to the productive sector. 50% of 2016 budget borrowing will be from external sources. 4. Govt spending on Stationery and office consumables in 2015 was 18.5billion while total spend on capital expenditure was 18.9billion. (See why we keep getting poorer). Govt is re-negotiating all contracts of supply for more efficie 5. 30% Capex budget in 2016 is to stimulate the economy. 6. The Minister said her outfit to the forum cost her just two thousand naira. (Message: Ladies, please drop Gucci suits for local materials). She also queried why schol pupils are forced to wear socks daily which we don't produce locally. 7. On looted funds, one (just one!!!) former public official is negotiating with FG to return $1billion (equivalent of 199billion naira at CBN rate) of stolen fund. This is just one of many. 8. She wants to be the first Finance Minister that wouldn't want to know or care to know the price of crude oil. Implying - they plan to build a self-sustaining economy.
#MayBuhariSucceed
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Post by Honorebu on Feb 10, 2016 1:39:42 GMT
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Post by Honorebu on Feb 10, 2016 1:41:31 GMT
But eeerm Mr Olukumi ki n se tori pe o je omo wa lose ye k'afun ni atewo ooo
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Post by olukumi on Feb 10, 2016 2:11:56 GMT
But eeerm Mr Olukumi ki n se tori pe o je omo wa lose ye k'afun ni atewo ooo Ise ti oun se ni. On a serious note, she has been a very good finance minister. People seem to jumble her responsibilities with those of the CBN governor.
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Post by Honorebu on Feb 10, 2016 2:15:56 GMT
But eeerm Mr Olukumi ki n se tori pe o je omo wa lose ye k'afun ni atewo ooo Ise ti oun se ni. On a serious note, she has been a very good finance minister. People seem to jumble her responsibilities with those of the CBN governor. I get your point.What I'm saying is we shouldn't celebrate her because she's "our own" rather we should celebrate her for competency so we don't sound like the people of red mud.You know what I mean
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Post by olukumi on Feb 10, 2016 3:05:38 GMT
Ise ti oun se ni. On a serious note, she has been a very good finance minister. People seem to jumble her responsibilities with those of the CBN governor. I get your point.What I'm saying is we shouldn't celebrate her because she's "our own" rather we should celebrate her for competency so we don't sound like the people of red mud.You know what I mean
No be my fault. I don dey too Waka with my East side brothers.
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Post by Omoluabi on Feb 12, 2016 19:37:30 GMT
Ise ti oun se ni. On a serious note, she has been a very good finance minister. People seem to jumble her responsibilities with those of the CBN governor. I get your point.What I'm saying is we shouldn't celebrate her because she's "our own" rather we should celebrate her for competency so we don't sound like the people of red mud.You know what I mean
E be like say me sef go join the erosion people dey do ''na awa sister'' o. omo wa ni o je....e je ki o se This Nigeria no be where person go slack about his own interest again. But i wish we could see her more often on camera articulating govt policy directions. It goes a long way to boost confidence in the citizenry and the business community too. I'm happy about the savings and i can't wait for capital projects to start so some folks can return to work. The despondency in the land is too high CC: olukumi
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