NIGERIA: JONATHAN's TRANSFORMATION A MISNOMER, SAYS BUDGET GROUP

Akanimo Reports

20 December 2011

NIGERIA: JONATHAN's TRANSFORMATION A MISNOMER, SAYS BUDGET GROUP

Goodluck Jonathan is the first Nigerian head of state from the troubled Niger Delta

THE Niger Delta Budget Monitoring Group (NDEBUMOG) has taken on President Goodluck Jonathan's transformation, saying the whole chorus of transformation has turned out to be a misnomer.

The budget group said going by the details of the president's 2012 budget proposal, no nation can transform with 72 percent of its annual budget going for recurrent expenditure.

Executive Director of the group, Mr. George-Hill Anthony, in an on-line statement to AkanimoReports on Tuesday in Port Harcourt, the Rivers State capital, said ''for the operators of government to reel in such percentages over the years, is an indication that just a few in the political class are sucking the budget.

''Surprisingly, anticorruption agencies are yet to take critical look at agencies of government, which have been beneficiaries of bloated expenditures.