Nigerian government has proposed a budget of $29 billion for the year 2014 in which about 73% of this amount or $22.12 billion with be used to run this ever-growing federal government of Nigeria. The biggest consumers of the Nigerian budget are the presidency, the national assembly, 17,500 public elected officials and political appointees, the federal ministries and parastatals as well as the massive foreign trips and the huge estacodes for the government officials and political appointees who are globe trotting addicts.
How much is budgeted for education that is the hope for the future development of the Nigerian nation in all reality? How much is budgeted for the provision of the most needed social services for Nigerians? How much is budgeted to modernize our outdated and overwhelmed national infrastructures? How much is budgeted toward the rapid improvement of our health care services? How much is budgeted to create jobs for the millions of the presently unemployed young Nigerians? How much is budgeted to raise the poverty wages that are paid to the millions of the hardworking Nigerian workers instead of the true living wages? How much is budgeted to improve the security of life and properties of all Nigerians from the threats of terrorism, armed robbers, kidnappers for ransom, hired killers and ritual killers? Is this what democracy is all about in Nigeria today in 2013? Is this all that our democracy will offer Nigerians in 2014?
The Nigerian government also said that the 2014 budget will be lowered by about $0.3 billion than the budget of 2013 due to the rampant oil theft and the lower tax revenue from the importation of the goods and services to Nigeria. The Nigerian government also intentionally pegged the 2014 budget on $74 a barrel of oil price tag when a barrel of oil is presently selling for about $100 a barrel in the international market. This means than Nigeria will only sell about 325 million barrels of oil in 2014 to make $29 billion to finance her budget when Nigeria officially produces 2.5 million barrels of oil daily or 1 billion barrels oil a year according to OPEC. Where is the over 675 million barrels of oil that will not be accounted for in that budget in 2014? Are oil thieves in Nigeria going to steal about 675 million barrels of oil in 2014 or about 67.5% of the oil that will be sold in 2014 by Nigeria? This math does not add up in all reality.
Does Nigeria truly have any bight or any promising future in the hands of these treasury looters, visionless leaders, rogues in power, economic parasites and the nation's oil wealth suckers? Are the 160 million ordinary Nigerians going to be completely mute and totally passive over this monumental and mammoth daylight robbery of their own commonwealth and future by their public elected and appointed officials all in the name of democracy and public service? Time will sure tell.
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