The allocation of the intervention funds is expected to boost job creation in the country and help stabilize the economy. The sum of N200 billion has been set aside for the intervention
project as contained in the 2016 budget proposal presented on Tuesday,
December 22, 2015. Speaking in an interview with BBC Hausa yesterday, December 24, the president emphasized the fact that although the plan is to ensure job creation through the intervention funds, not every citizen will receive directly from the process.
He said: “It would be impossible for everybody to get the welfare. But we all know that the federal government has been saying that it would work closely with state and local governments. And at the local government level, it could be said that everybody knows each other. They know those who have small businesses that can receive the support and retrieve it. “This issue is clear and how to administer it is very much known by the people. Therefore, the arrangement must strictly be followed to ensure job creation.”
President Buhari also stated that 30 percent of the 2016 budget has been set aside for capital projects in order to help revamp the nation’s economy. According to the president, the issue of disbursing funds for salaries of ghost workers has been addressed. This is in a bid to attend to pressing issues as well as steer the nation towards better resource maximization. To this end, there are currently 24 ministers in the country as against 42 from the previous administration.
“As I said, the ministers, used to be 42, but we have now cut them to 24 ministries. Hence, departments and parastatals must be reduced. As such, the salaries of non-existent workers in such offices, popularly known as ghost workers have been largely curtailed.”
He added that revenues from the NNPC, the Nigerian ports authority as well as customs would be deployed to finance the N6.08 trillion proposed 2016 budget.
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