The Cartoonist Blogger

What An Unfortunate Situation...

Kindly Compare the Two Pictorial Presentation of How Nigerians have fed with the Yearly Increase in Government Budget. Its Expected that as the Budget increases that the Benefits that should come to the people should also increase.

Several Years Ago when Budgets were still declared in millions, things seem OK for Nigerians with Prices of goods and services still favorable to the masses and Nigerians where a little bit comfortable But Presently Government Budgets are being declared in Trillions of Naira and instead of Nigerians getting a better deal out of this increase it just seems that we are continually sinking further and shrinking while the Budget keeps increasing,

leaving us to ask the Question. How is Our Budget being Managed, Is it being used in the interest of the people or in the interest of some pockets and Bank accounts?

Several Activist and Groups in the Country has been clamoring for the amendment of the 1999 constitution by removing the immunity clause for public holders to be prosecuted while in office when they fall foul of the law of which the immunity clause had become a hindrance to tackling corruption in the country.

‘’It is now proven to be a stumbling block to the effective investigating and prosecuting of persons suspected of being connected with corruption. ‘’It is worrisome that this immunity has now been transferred to people who ordinarily have no such protection under the constitution.”

This has been the problem that has Handcuffed the EFCC and ICPC from Successfully Prosecuting Most of the top Office holders both past and Present who were believed to have embezzled some public funds or mismanaged public funds.

The federal governemnet has finally removed fuel subsidy. Petroleum Products Pricing Regulatory Agency (PPPRA) made the announcement on Sunday.
In a statement, the agency said a litre of petrol, Premium Motor Spirit,PMS, will now sell for N141.

See Wahala ...

GEJ : My Fellow Nigerians Sorry I had to force this on you after taking you to the Fountain of Subsidy removal for you to drink freely but you refused, Also tried to give you the Subsidy bitters to at least help your situation but you rejected it Now i have no option than to Remove the Fuel Subsidy Benefits.
Hope you can manage with the situation?
Happy New Year Nigerians

Nigeria's Economy has been struggling to catch up with that of other developing countries and this is as a result of so many negative factors that has been forced on the Economy. A country with 73% of its budget on recurrent expenditure and only 27% on capital expenditure do not encourage progress and development.

So the Task laid into the hands of The Minister of Finance, Dr Ngozi Okonjo-Iweala might seem too herculean for her to handle as the system has already deteriorated so badly that she would need to bend and search for a solution from scratch to the lingering economic problems of the nation.

The Removal of the Fuel Subsidy is one of the methods she thinks we can start fixing the economy as its believed that much money that should have been channeled into other areas of the Budget is being looted all in the name of Fuel Subsidy. If removed will help relieve the Economy of some of these problems.

The System here is quite different from that seen in the World Bank but lets Hope and pray that Her little inputs will help to at least keep the Economy Alive.

The Central Bank of Nigeria, CBN, Governor, Mallam Sanusi Lamido Sanusi, has said the apex bank has reached the desired degree of stability for the Naira and does not have a cause to be concerned over inflation due mostly to recent stability in its core components.

He said: “When the naira reached N167 to the US dollar in October, every currency was going through a crisis. Now, we have retraced that. We have created the stability that we needed. We have stopped the panic”

Inflation rose to 10.5 per cent in October from 10.3 per cent in September, but Sanusi said a breakdown of month-on-month numbers shows that “inflation has come down on all three components: headline, core and food inflation.” According to him, “year-on-year, core (inflation) hasn’t increased which has not been the increasing trend seen in the past. Month-to-month (inflation) has been moderating and core (inflation) is also not increasing (which) would suggest that as far as non-structural components are concerned at this moment … we don’t have a cause for concern.”

The CBN governor, also, disclosed that the bank might reduce its exposure to euro and buy Chinese renminbi. He added that the exposure to renminbi might “most likely” result in arbitrage deals to the detriment of the euro.

Well Thanks that the Price is currently stable and won't go above these figures.

GEJ - My Dear Nigeria, Sorry I Have to do this to You whether you like it or not, I showed you the Waters (Fountain of Fuel Subsidy) to drink but you refused and yet your situation is not getting any better.

Now you have to take this Bitters (Subsidy Removal Bitters) so that it can cleanse your System of all forms of Corruption that has kept you in this terrible situation.

Now Open Your Mouth and drink this Bitters or I ...

My Dear Nigerians, I Have brought you to the water (The Fountain of Fuel Subsidy removal) and you have to drink or we may have some serious problems if we continue with this thirst. GEJ.

We might not find a better stream than this at this time to enable us achieve our developmental goals.

Nigerian People are you willing to drink this???