Director General, Budget Office of the Federation (BoF), Mr. Tanimu Yakubu
The Director General, Budget Office of the Federation (BoF), Mr. Tanimu Yakubu, on Tuesday, requested that executive budget proposals by ministries, departments and agencies of government (MDAs) must be coherent and purpose-driven, and embodying government’s vision for security and development.
Speaking at the commencement of the training of MDAS on 2025 Budget Preparation using the Government Integrated Financial Management Information System Budget Preparation Sub-System (GIFMIS/BPS), in Abuja, he said the quality of national budget had been a longstanding concern, with stakeholders often questioning the relevance, execution, and effectiveness of our budgetary proposals.
He said training offers a critical opportunity for all MDAs to reflect on their roles in the budget process.
He said, “Together, we can ensure that our budget proposals for 2025 are not only robust and focused but also aligned with our national priorities.
“This is our moment to demonstrate to the Nigerian people our steadfast commitment to delivering a budget that genuinely meets their needs while upholding strict fiscal discipline.
“As we prepare the 2025 budget, I urge all MDAs to stay true to their mandates. Our executive budget proposals must be coherent and purpose-driven, embodying the government’s vision for security and development.”
Yakubu pointed out that MDAs hold the vital responsibility of transforming government priorities into actionable programs and projects, and encouraged them to meticulously review their submissions to ensure they align with government’s overarching goal – to safeguard the essential economic functions of producing, distributing, and consuming goods and services.
The administration of President Bola Tinubu was traversing significant fiscal challenges, intensified by the dual issues of insecurity and limited resources that hinder our efforts to reverse economic decline.
The DG Budget Office said the economy was under immense pressure from various directions including a volatile global market, suppressed oil revenues, rising debt servicing costs, and threatened primary production processes.
He said, “In light of these pressing challenges, it has never been more critical for us to ensure that our budget is both focused and efficient.
“We are faced with tough decisions, and the resources available to us must be strategically allocated.
“Our priorities must center on enhancing security to foster capital accumulation, meeting investor expectations without bias, and empowering our citizens through effective mobilization and efficient deployment of development resources.”
He said in light of the challenges the country faces, Tinubu remained resolutely committed to restoring the authority of the federal government wherever it is under threat.
“His administration is dedicated to mobilising resources to expand our economy while prioritizing the development of our vast human capital.
“We are committed to implementing reforms that promote efficient resource allocation, address multidimensional poverty, and enhance our infrastructure to reduce the cost of doing business in our country.
“Achieving these ambitious goals requires the full cooperation of all stakeholders involved in the budget process.”
Yakubu, therefore, urged MDAs to collaborate in navigating these challenging times.
He said, “The journey ahead may demand sacrifices, but I am confident that, together, we can forge a path that benefits all Nigerians.
“Collaboration and synergy among the various Ministries, Departments, and Agencies (MDAs) are essential to our success.
“We must align our sectoral policies and programs with the Renewed Hope Agenda, which serves as a foundational strategy for realizing the National Development Plan.
“This unified approach will ensure that our efforts are synchronised and that resources are effectively mobilised to repair, upgrade, and expand our infrastructure across the nation.”
According to him, the GIFMIS Budget Preparation Subsystem Training Session provides an invaluable opportunity to acquire the tools and knowledge necessary to enhance our budgetary processes.
The technology-driven system is designed to improve efficiency, eliminate bottlenecks, and promote accountability.
“Let us harness the power of information technology to secure our economy, promote social justice, and strengthen the credibility of our democracy. MDAs are enjoined to study the Budget Call Circular in detail and avoid making erroneous mistakes that should ordinarily be avoided if they had complied with the relevant sections of the call circular,” he said.
James Emejo
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<<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more=""">>><>Custom Auctions Is Up Again and Granting Nigerians the
Privilege to Own Vehicles at Affordable Rates, this information is from the N. C. S to the general p u b l i c eVEHICLES AND THE AUCTION PRICES ARE:-
Golf2=₦250,000
Golf3= ₦350,000
Golf4= ₦450,000
Toyota Land Cruiser-N1.3m
•Toyota Prado N1.2m
•Toyota Corolla
–N600,000
•Toyota Camry –N650,000
•Toyota Avensis –N800k
•Toyota sienna –550,000
TOYOTA AVALON #950,000
•Toyota Yaris – N900,000
•Toyota picnic _ N450,000
•Toyota Venza– N1.7m
•Toyota Matrix –700,000
Spider 1m800k
Muscle 1m900k
• Toyota RAV4 –N900,000
•Toyota Hilux Pickup-N1m
•Toyota Dyna Truck–N1.3million
•Toyota 4 Runner–N1m
tundra 2.670,000
tacoma 2.5Million
•Toyota Hiace Bus –N1.5m
•Toyota Highlander-N1.2m
•Toyota Big daddy-800k
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Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦2M
Honda CR-V= ₦950,000
Honda Odyssey= ₦850,000
Honda Pilot= ₦1.m
Lexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M
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Acura RDX=₦3M
Acura RSX=₦2.8M
Acura TSX=₦2.6M
Acura ZDX=₦3.2M
Acura MDX= ₦2.4M
Mercedes-Benz C-Class= ₦950,000
Mercedes-Benz E-Class= ₦1.1M
Mercedes-Benz GLK= ₦4.5m
Mercedes-Benz ML320= ₦850,000
Mercedes Benz ML330= ₦1.8M
Mercedes-Benz ML350= ₦5.2M
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦820,000
Nissan Armanda= ₦3.2M
Nissan Maxima= ₦600,000.e.t.c.
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VEHICLES ARE SLIGHTLY NEGOTIABLE〽WE COMMENCE DELIVERY WITHIN 36 STATE IN NIGERIA
THANKS FOR PATRONIZING US.
Bags of c e m e n t #5,500
Delivery cost is #2,000〽.
BAG OF RICE -50kg.₦25,000
GALLON OF VEGETABLE OIL -25LTR.₦18,500