COP 28 WAS A COVER FOR TINUBU TO SHAMELESSLY BEG FOR MORE MONEY!

ZION B-BC

 NEWSLETTER.   

 

(Looking at Nigeria's Political System from a Godly Perspective).

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 12. NO 538. 3rd December 2023.} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

COP 28 WAS A COVER FOR TINUBU TO SHAMELESSLY BEG FOR MORE MONEY!

While world leaders and delegates at the United Arab Emirate (UAE), UN Conference of Parties COP 28 Climate Change Summit ( 30th November - 12th December), 2023, brainstormed on how to accelerate measures to aggressively eliminate green house emissions through collective drive, the Nigerian President and his team poached for portfolio investments on the sidelines! Nigeria had been complicit in gas flaring for more than 53 years from the time when massive exploration began in the 70s and hard hardly contributed funds to the world body to mitigate the horrible negative effects of greenhouse emission into the climate! In a lack-lustre speech, Tinubu pledged to end gas flaring in Nigeria as part of its contribution to global push to reduce methane emissions. He also said Nigeria has consolidated on gas export and domestic consumption as part partners for renewable energy. 

He confessed that though his country was committed to energy mix, he believed that the two biggest economies US and China whom he described as the "biggest culprits" should act real fast because the Earth needed urgent healing!

The theme of COP28 is "Transition to Clean Energy", 123 Countries are in attendance. 

According to Wikipedia;

"Due to climate change, Northern Nigeria is seeing greater heatwaves and lengthier, more erratic rainfall. New problems such extreme droughts, floods, deforestation, pollution, and food shortages have resulted from this." Shortly before he embarked on the Dubai escapade, Mr. 'Bola Tinubu had presented to the joint National Assembly (NASS) Legislators a total sum of NGN27.5 trillion naira as the 2024 Budget Appropriation for the flagging economy in which no mention was made in respect of alternative renewable energy mass transportation for commuters! And whereas the larger bulk of the Internally Generated Revenue (IGR), of the very ambitious budget would derive from CLIMATE-POLLUTANT CRUDE OIL and ancillaries which were even beyond the reach of over 133 million multi-dimensionally poor Nigerians who are victims of Tinubu's policy somersault of SUBSIDY REMOVAL!

FOSSIL-FUEL or Hydrocarbon is climate change unfriendly and Nigeria which had refused to change status quo but believes strongly that Premium Motor Spirit (PMS), derivable from CRUDE OIL would last for eternity side by side with RENEWABLE ENERGY COMPONENTS LIKE SOLAR, ELECTRIC OR COMPRESSED NATURAL GAS (CNG), must be ready to face painful consequences!

CRUDE OIL EXPLORATION/GAS FLARING would remain detrimental to the gradual destruction of the OZONE LAYER in no distant future if other world leaders behaved nonchalantly like the Nigerian President.

Nigeria possesses FOUR GOVERNMENT REFINERIES, WHICH IN TWENTY YEARS ARE STILL IN THE PROCESS OF TURN-AROUND MAINTENANCE!

DANGOTE'S 650-MILLION BARRELS PER DAY MODERN REFINERY SHOULD COME ON BOARD THIS DECEMBER.

AND ADDED TO THESE ARE CLUSTERS OF MODULAR REFINERIES which have largely contributed to land pollution/degradation for years on end due to massive exploration and exploitation which needed urgent attention of reversal!

Nigeria's 1400 Delegates will attend and collect between USD 900-1500 each per day!

THE NIGERIAN 2024 BUDGET IS A CUT AND PASTE OF OLD TEMPLATES!

The Appropriation has followed annual ritual of deficit budgets always funded through external borrowings (NGN9.8 trillion for 2024), and the clinical dissection has begun in earnest!  Between Wednesday 29th November and Saturday 2nd December 2023, the document has gone through Second Reading of both Chambers for it to meet the annual January to December cycle of Budget Implementation in spite of the fact that it represented a cacophony of the previous ones devoid of all basic dividends through institutional inadequacies and security infrastructures!

HAS ANY FEDERAL ANNUAL NIGERIAN BUDGET EVER BEEN FULLY EXECUTED OR IMPLEMENTED SINCE 1999?

Consecutive corrupt politicians have all become multi-billionaires over the years because no annual budget in 23 years was fully executed or implemented. Year-on-year the ROADS remain impassable, public potable water - a dream pipe; EDUCATION - a mirage; EMPLOYMENT - paper tiger; HOUSING - marked as demolition structures; INDUSTRIAL PRODUCTION - comatose; MANUFACTURING - replaced with imported finished products, including PMS; CAPITAL EXPENDITURE IS FOR - working allowances of politicians and civil servants, salaries/emoluments, imported Sport Utility Vehicles SUVs @ NGN160 million naira each - housing/overseas holiday allowances, domestic staff allowances, etc, etc, all fully paid in billions/trillions of naira on annual basis! This time around, Tinubu has promised national defense/internal security, local job creation, macro-economic stability and poverty reduction!

AND WHEREAS THE PRESIDENTIAL SYSTEM ALBATROSS OF ANNUAL BUDGET PADDING BY THE LEGISLATORS REMAINED A RECURRING DECIMAL BECAUSE OF EXECUTIVE COMPLICITY!

BETWEEN THE EXECUTIVE AND THE LEGISLATURE - WHO OVERSIGHTS WHO?

President Tinubu presented TWO SUPPLEMENTARY BUDGETS as addendums to the BUHARI'S, 2023 farewell budget to which no accountability had been adduced before the latest 2024 BUDGET OF RENEWED HOPE?

WHAT DID CHINA, SINGAPORE, SOUTH KOREA, JAPAN AND THE ASIAN TIGERS DO DIFFERENTLY TO ATTAIN CURRENT ECONOMIC PROWESS?

" Go to the ant, thou sluggard; Consider her ways, and be wise": (Prov 6:6-8).

THEY SHUT THEIR BORDERS AGAINST FOREIGN AND LUXURIOUS GOODS; remained content with what they could produce from within and as such were able to destroy all tendencies of unpatriotism and developed the Spirit of Camaraderie, national pride and built up their Nations to become world economic leaders in their own rights!

They are all practicing true democracy in which all citizens are involved in equal representations while poverty has been completely erased to almost zero level!

THE ONLY ROAD OUT OF THE SHAMEFUL INTERNATIONAL INDEXING AS THE MOST-CORRUPT AND POVERTY CAPITAL OF THE WORLD IS TO DUMP THE PRODIGAL PRESIDENTIAL SYSTEM AND EMBRACE THE UNICAMERAL PARLIAMENTARY SYSTEM WHICH IS GRASS-ROOT ORIENTED AND VERY COST-FRIENDLY!

ABRIDGED VERSION OF TINUBU'S 2024 BUDGET OF RENEWED HOPE?

In his presentation, he declared, “The 2024 Appropriation has been themed the Budget of Renewed Hope. The proposed budget seeks to achieve job-rich economic growth, macro-economic stability, a better investment environment, enhanced human capital development, as well as poverty reduction and greater access to social security.”

As contained in a document released by the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, this is the breakdown and highlights of critical allocations in the 2024 budget.

EDUCATION: N2.18 Trillion (7.9% of Budget)

Breakdown

N1.23 trillion – Amount provisioned for Federal Ministry of Education and its agencies (Recurrent & Capital expenditure)

N251.47 billion – Amount provisioned for Universal Basic Education Commission (UBEC)

N700.0 billion – Transfers to the Tertiary Education Trust Fund (TETFUND) for infrastructure projects in Tertiary institutions

HEALTH: N1.33 Trillion (5% of Budget)

N1.07 trillion – Amount provisioned for Federal Ministry of Health and its agencies (Recurrent & Capital expenditure)

N137.21 billion – Gavi/ Immunization funds, including Counterpart Funding for Donor Supported Programmes

N125.74 billion – Transfer to Basic Healthcare Provision Fund (BHCPF) 1% of CRF

DEFENCE AND SECURITY:

 N3.25 trillion (12% of Budget) – Amount provisioned for the Military, Police, Intelligence & Paramilitary (Recurrent & Capital expenditure)

INFRASTRUCTURE: 

N1.32 trillion (5% of Budget) – This include provisions for Works & Housing, Power, Transport, Water Resources, Aviation.

SOCIAL DEVELOPMENT & POVERTY REDUCTION PROGRAMMES: 

N534 billion (2% of Budget) – Amount provisioned for Social Investments / Poverty Reduction Programmes.

ALL LEGISLATORS MUST DECLARE THEIR ASSETS AND LIABILITIES NOW!

While the legislators are busy dissecting the BOOTY to their own tastes through PERFECTED PADDING (Courtesy Hon. Abdulmumin Jibrin, Chairman, House Committee Chairman, Finance, 8TH NASS), THEY SHOULD EFFECT PUBLIC DECLARATION OF THEIR ASSETS AND LIABILITIES ACCORDING TO THE 1999 CONSTITUTION OF THE FEDERAL REPUBLIC OF NIGERIA BEFORE 1ST JANUARY, 2024, FOR ALL NIGERIAN ELECTORATE TO PERUSE AND STUDY!

IT IS MOST SENSIBLE TO PREVENT THE TREASURY LOOTERS FROM BREAKING INTO THE STRONG ROOM INSTEAD OF COMPLAINING LATER!

"A Stitch in time saves Nine"!

[WATCH OUT FOR A NIGERIAN PRIME MINISTER – NOT A PRESIDENT IN 2023!]

 

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  Zion faith Bible Believing church or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08080243066. g-mail-dvdolufon@gmail.