Showing posts from November, 2015

OUR COUNTRY, OUR BUDGET (A critical Analysis of Nigeria's budgeting system)

An Extract From A LECTURE Delivered by Senator representing Abia South Senatorial District , at the 2015 Faculty of social sciences Annual lecture, University of Benin on the 19th of August 2015 . Brief Biography  Senator Eyinnaya Harcourt Abaribe  is a Nigerian politician Born March 3, 1955 who was elected to the Abia-South Senatorial District of Abia State in the Senate of Nigeria in April 2007.He went to the University of Benin, where he received a bachelor's degree economics in 1979 and a master's degree in economics in 1982. He lectured at Edo State University from 1982 until 1985.  "A budget simply means a statement of intention and a guide to the achievement of the fiscal and monetary goals of the government for the period in question. Wikipedia defines it as a 'quantitative expression of a plan for a defined period of time'. In other words,  a spending plan to achieve a desired result.