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Muhammadu on Monday signed the 2019 Appropriation bill of N8.92 trillion into law.

The president had submitted the 2019 budget of N8.83trillion to the but was increased by about N10billion by the Upper , bringing the amount to N8.92trillion.

DAILY POST reported that the dignitaries who witnessed the signing of the budget, which took place at a mini-conference hall in the Villa, included the Senate President, Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara.

The Secretary to the Government of the Federation, Boss Mustapha and the Chief of Staff to the President, Malam Abba Kyari also witnessed the signing of the budget.

Others at the event were the Ministers of Finance (Zainab Ahmed), Budget and National Planning (Sen. Udoma Udu Udoma), Information and Culture (Lai Mohammed) and the Chairman of the Senate Committee on Appropriations, Sen. Danjuma Goje,

Here is the full text of the President’s speech…

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As you are all aware, some weeks ago, the National Assembly passed the 2019 Appropriation Bill which I will be signing into law today.

I would like to take this opportunity to thank the leadership of the National Assembly and indeed all the Distinguished and Honourable Members for all the hard they put in to get us here.

You will all recall that in December 2018, I presented our 2019 budget proposal with the theme “Budget of Continuity”. Our goal was to use this budget to move the economy further on the path of inclusive, diversified and sustainable growth.

Back then, I proposed a total expenditure of N8.83 trillion to the National Assembly for appropriation targeting strategic and impactful projects and initiatives.

However, the 2019 Budget I will be signing into law today provides for aggregate expenditures of N8.92 trillion. This is an increase of N90.33 billion over our submission.

This increase reflects changes introduced by the National Assembly. In some areas, expenses we proposed were reduced while in other areas they were increased. There were also certain areas where new additions were introduced into the budget. More details of the approved budget will be provided by the Honourable Minister of Budget and National Planning.

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Of course, some of these changes will adversely impact our programs making it difficult for us to achieve the objectives of the Economic Recovery and Growth Plan (ERGP).

Although I will be signing this bill, it is my intention to continue to engage the National Assembly to ensure we deliver on our promises. I will therefore be engaging with the leadership of the ninth National Assembly, as soon as they emerge, to address some of our concerns with this Budget.

We will also look at how to improve the budget process so that, amongst other things, we can up budget consideration processes and return the country to the January to December fiscal year timetable.

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I wish to acknowledge the efforts of the Minister of Budget and National Planning, Minister of Finance, Budget of the Federation, and everyone who collaborated and worked painstakingly to produce the 2019 Appropriation Bill I am signing today.

May God continue to bless the Federal Republic of .

 

Source: Daily post

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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Full text of President Buhari’s speech

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It has become necessary for me to address you having heard from many concerned Nigerians and having concluded a meeting with all the Security Chiefs.

2. I must warn those who have hijacked and misdirected the initial, genuine and well – intended protest of some of our youths in parts of the country, against the excesses of some members of the now disbanded Special Anti-Robbery Squad (SARS).

3. On Monday 12th October, I acknowledged the genuine concerns and agitations of members of the public regarding the excessive use of force by some members of SARS.

4. The choice to demonstrate peacefully is a fundamental right of citizens as enshrined in Section 40 of our Constitution and other enactments; but this right to protest also imposes on the demonstrators the responsibility to respect the rights of other citizens, and the necessity to operate within the law.

5. As a democratic government, we listened to, and carefully evaluated the five-point demands of the protesters. And, having accepted them, we immediately scrapped SARS, and put measures in place to address the other demands of our youth.

6. On approving the termination of SARS, I already made it clear that it was in line with our commitment to the implementation of extensive Police reforms.

7. Sadly, the promptness with which we have acted seemed to have been misconstrued as a sign of weakness and twisted by some for their selfish unpatriotic interests.

8. The result of this is clear to all observers: human lives have been lost; acts of sexual violence have been reported; two major correctional facilities were attacked and convicts freed; public and private properties completely destroyed or vandalised; the sanctity of the Palace of a Peace Maker, the Oba of Lagos has been violated. So-called protesters have invaded an International Airport and in the process disrupted the travel plans of fellow Nigerians and our visitors.

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9. All these executed in the name of the ENDSARS protests. I am indeed deeply pained that innocent lives have been lost. These tragedies are uncalled for and unnecessary. Certainly, there is no way whatsoever to connect these bad acts to legitimate expression of grievance of the youth of our country.

10. The spreading of deliberate falsehood and misinformation through the social media in particular, that this government is oblivious to the pains and plight of its citizens is a ploy to mislead the unwary within and outside into unfair judgement and disruptive behaviour.

11. On the contrary, both our deeds and words have shown how committed this administration has been to the wellbeing and welfare of citizens, even with the steadily dwindling revenues, and the added responsibilities and restrictions due to the Coronavirus pandemic.

12. Government has put in place measures and initiatives principally targeted at youths, women and the most vulnerable groups in our society. These included our broad plan to lift 100 million Nigerians out of poverty in the next 10 years; the creation of N75 billion National Youth Investment Fund to provide opportunities for the youths and the Micro, Small and Medium Enterprises (MSME) Survival Fund, through which government is:

a. paying three months salaries of the staff of 100,000 micro, small – and medium – enterprises,

b. paying for the registration of 250,000 businesses at the Corporate Affairs Commission,

c. giving a grant of N30,000 to 100,000 artisans; and

d. guaranteeing market for the products of traders.

13. These are in addition to many other initiatives such as;

a. Farmermoni,

b. Tradermoni,

c. Marketmoni,

d. N-Power,

e. N-Tech and

f. N-Agro.

14. No Nigerian Government in the past has methodically and seriously approached poverty-alleviation like we have done.

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15. With regard to the welfare of police personnel, the National Salaries, Income and Wages Commission has been directed to expedite action on the finalization of the new salary structure of members of the Nigeria Police Force. The emoluments of other paramilitary services are also being reviewed upwards.

16. In order to underscore the importance of education in preparing youths for the future, this administration has come up with a new salary structure and other incentives for our teachers.

17. Let me at this point reaffirm the Federal Government’s commitment to preserving the unity of this country.

18. We will continue to improve good governance and our democratic process, including through sustained engagement.

19. We shall continue to ensure that liberty and freedom, as well as the fundamental rights of all citizens are protected.

20. But remember that government also has the obligation to protect lives and properties, as well as the right of citizens to go about their daily businesses freely and protected from acts of violence.

21. To our neighbours in particular, and members of the international community, many of whom have expressed concern about the ongoing development in Nigeria, we thank you and urge you all to seek to know all the facts available before taking a position or rushing to judgment and making hasty pronouncements.

22. In the circumstances, I would like to appeal to protesters to note and take advantage of the various well-thought-out initiatives of this administration designed to make their lives better and more meaningful, and resist the temptation of being used by some subversive elements to cause chaos with the aim of truncating our nascent democracy.

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23. For you to do otherwise will amount to undermining national security and the law and order situation. Under no circumstances will this be tolerated.

24. I therefore call on our youths to discontinue the street protests and constructively engage government in finding solutions. Your voice has been heard loud and clear and we are responding.

25. And I call on all Nigerians to go about their normal businesses, and enjoin security agencies to protect lives and properties of all law abiding citizens without doing harm to those they are meant to protect. Let me pay tribute to officers of the Nigeria Police Force who have tragically lost their lives in the line of duty.

26. I would like to thank those state Governors, traditional and religious leaders who have appealed for calm and restraint. I also thank youth leaders who have restrained their followers from taking the law into their hands.

27. This government respects and will continue to respect all the democratic rights and civil liberties of the people, but it will not allow anybody or groups to disrupt the peace of our nation.

  • Thank you all. God bless the Federal Republic of Nigeria.

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BREAKING: #EndSARS: Buhari issues warning, orders Nigerians to stop protest

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Muhammadu on Thursday warned hoodlums who have hijacked the End SARS protest to cause mayhem across the country to stop.

Buhari issued the warning during his nationwide broadcast aimed at addressing the ongoing mayhem by hoodlums who have hijacked the protest.

The president also declared that Nigerians reserve the right to air their grievances via peaceful protests.

According to Buhari: “Fellow Nigerians,

“It has become necessary for me to address you having heard from many concerned Nigerians and having concluded a meeting with all the Security Chiefs.

“I must warn those who have hijacked and misdirected the initial, genuine and well-intended protest of some of our youths in parts of the country, against the excesses of some members of the now disbanded Special Anti-Robbery Squad (SARS).

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“On Monday 12th October, I acknowledged the genuine concerns and agitations of members of the public regarding the excessive use of force by some members of SARS.

“The choice to demonstrate peacefully is a fundamental right of citizens as enshrined in Section 40 of our Constitution and other enactments; but this right to protest also imposes on the demonstrators the responsibility to respect the rights of other citizens, and the necessity to operate within the law.

“I therefore call on our youths to discontinue protest.”

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