2021 Budget: Buhari Budgets N25 Billion As Loan For Nigerian Youths, To Spend N279.9 Billion As Miscellaneous Expenses

*Buhari To Spend N279.9 Billion As Miscellaneous Expenses

*N170.1 Billion As Special Allowance On NSIO

*N25 Billion As Loans For Nigerian Youths

Miscellaneous expense is an item not too significant.

It’s an expense that can be well controlled or reduced to give way to issues of unemployment that is bedevilling the country.

In the 2021 budget, some items that made up more than N279.988 billion miscellaneous expenditure are expenses already well taken care off.

President Buhari budgeted ten billion naira as contingency in the budget.

The president again planned to spend twenty billion naira in addition as miscellaneous expenses on contingency.

The Nigerian Army, Navy, Air force, already have in the budget more than N500 billion as special allowance, but the president still intend to spend N100 billion as miscellaneous expenses on military operations while the army of unemployed youths in the budget remain uncared for.

The same president allocated twenty five billion as loans to be accessed by Nigerian youths under the Nigerian
Youth Development Fund scheme.

Those with creative mind will be able to access the money as loans which they are expected to pay back.

Allocating fund to miscellaneous expenses on security matter is not a bad idea but allocating more fund and giving priority attention and economic consideration to the army of unemployed youths is more of security importance.

Military and the police force are politically given special allowance to kill more of Nigerian youths whose lives could have been saved if the government considered the money spent as special allowance and miscellaneous expenses; are good enough to create new jobs for the youths.

N170 billion out of the budgeted miscellaneous expenses can create and pay the gross annual salary of more than one hundred and eighty thousand (180,000) new jobs for graduates.

The special allowance and the miscellaneous expenses are usually stolen by few criminals who have the privilege to be in certain positions in government.

Many Nigerian workers including the Nigerian Armed forces don’t benefit from the money.

Only the criminals loot more of it at the expense of others.

The government in the budget said he will spend N170.1 billion (N170,100,000,000) as special allowance on personnel mostly political associates in the National Social Investment Office.

This office is more hush-puppy than any Nigerian yahoo guy.

The office can be totally closed and the money allocated to it used to create jobs.

The office is a mockery of our senses as a human being.

The N170.1 billion allocated as special allowance for the National Social Investment Office can also create and pay the gross salary of another set of people.

It can create more than 180 thousands new jobs for Nigerian graduates.

Bad as it maybe, the National Social Investment Office will spend N19.292 billion as transport and N3.587 billion as monitoring activities and follow up to share N26.966 billion loans coded Tradermoni, Farmermoni, Marketmoni, amongst others across the country.

National Social Investment Office will spend N15.643 billion as miscellaneous expenses.Out of which, N7.324 billion will specifically be used as welfare packages.

This amount is far more than the annual salary and wages for the entire staff of the University of Benin and some other federal universities inclusive.

National Social Investment Office will spend more than N139.300 billion as meal subsidy to Government school.

This is a clear case of misplacement of priority and administrative insensitivity to the plight of the people.

What Nigerians need now is employment and not for government to help them cook for their children.

They have been doing that by themselves. Parents can feed their children more than three times in a day if they are given jobs.

By and large, most of this money are stolen by the criminal few in government.

N139.300 billion can pay annual gross salary and create another set of more than 150 thousands new jobs for Nigerian graduates.

If the government see reason to create more permanent jobs, the insecurity in the country will drastically reduce.