what is the budgeting system presently being used in Nigeria?
375249
It is call the Bribe system.
1137102
There is only 1 - if you want a successful economy with a balanced budget, you use the PAY AS YOU GO system that Clinton did. BTW, Bush immediately stopped using this system as soon as he became president in 2000.
213482
Great question. I'd like to know myself. Perhaps the below links will be helpful\n\nhttp://www.jsi.com/intl/init/4word.htm\n\nhttp://www.nigeriabusinessinfo.com/lsetop20.htm\n\nhttp://www.sunnewsonline.com/webpages/features/ceomagazine/2004/oct/11/ceomagazine-oct11-2004-001.htm
1066680
The same reason the Nigerian government allows "419" scams to go on and is the country's second or third largest source of income. They want U.S. dollars. Their own money is not worth very much.
84700
A good place to check would be by going to the UN web site and looking more into Nigeria, its government and social issues. www.un.org
908158
Average is 50% less of that same position in the States, but in Nigeria with that kind of money you can live real good..☺
689103
Oversees the spending/budgeting
1051018
REQUEST FOR URGENT BUSINESS RELATIONSHIP \n\nFIRST, I MUST SOLICIT YOUR STRICTEST CONFIDENCE IN THIS TRANSACTION. THIS IS BY VIRTUE OF ITS NATURE AS BEING UTTERLY CONFIDENTIAL AND 'TOP SECRET'. I AM SURE AND HAVE CONFIDENCE OF YOUR ABILITY AND RELIABILITY TO PROSECUTE A TRANSACTION OF THIS GREAT MAGNITUDE INVOLVING A PENDING TRANSACTION REQUIRING MAXIIMUM CONFIDENCE. \n\nWE ARE TOP OFFICIAL OF THE FEDERAL GOVERNMENT CONTRACT REVIEW PANEL WHO ARE INTERESTED IN IMPORATION OF GOODS INTO OUR COUNTRY WITH FUNDS WHICH ARE PRESENTLY TRAPPED IN NIGERIA. IN ORDER TO COMMENCE THIS BUSINESS WE SOLICIT YOUR ASSISTANCE TO ENABLE US TRANSFER INTO YOUR ACCOUNT THE SAID TRAPPED FUNDS. \n\nTHE SOURCE OF THIS FUND IS AS FOLLOWS; DURING THE LAST MILITARY REGIME HERE IN NIGERIA, THE GOVERNMENT OFFICIALS SET UP COMPANIES AND AWARDED THEMSELVES CONTRACTS WHICH WERE GROSSLY OVER-INVOICED IN VARIOUS MINISTRIES. THE PRESENT CIVILIAN GOVERNMENT SET UP A CONTRACT REVIEW PANEL AND WE HAVE IDENTIFIED A LOT OF INFLATED CONTRACT FUNDS WHICH ARE PRESENTLY FLOATING IN THE CENTRAL BANK OF NIGERIA READY FOR PAYMENT. \n\nHOWEVER, BY VIRTUE OF OUR POSITION AS CIVIL SERVANTS AND MEMBERS OF THIS PANEL, WE CANNOT ACQUIRE THIS MONEY IN OUR NAMES. I HAVE THEREFORE, BEEN DELEGATED AS A MATTER OF TRUST BY MY COLLEAGUES OF THE PANEL TO LOOK FOR AN OVERSEAS PARTNER INTO WHOSE ACCOUNT WE WOULD TRANSFER THE SUM OF US$21,320,000.00(TWENTY ONE MILLION, THREE HUNDRED AND TWENTY THOUSAND U.S DOLLARS). HENCE WE ARE WRITING YOU THIS LETTER. WE HAVE AGREED TO SHARE THE MONEY THUS; 1. 20% FOR THE ACCOUNT OWNER 2. 70% FOR US (THE OFFICIALS) 3. 10% TO BE USED IN SETTLING TAXATION AND ALL LOCAL AND FOREIGN EXPENSES. IT IS FROM THE 70% THAT WE WISH TO COMMENCE THE IMPORTATION BUSINESS. \n\nPLEASE,NOTE THAT THIS TRANSACTION IS 100% SAFE AND WE HOPE TO COMMENCE THE TRANSFER LATEST SEVEN (7) BANKING DAYS FROM THE DATE OF THE RECEIPT OF THE FOLLOWING INFORMATIOM BY TEL/FAX; 234-1-7740449, YOUR COMPANY'S SIGNED, AND STAMPED LETTERHEAD PAPER THE ABOVE INFORMATION WILL ENABLE US WRITE LETTERS OF CLAIM AND JOB DESCRIPTION RESPECTIVELY. THIS WAY WE WILL USE YOUR COMPANY'S NAME TO APPLY FOR PAYMENT AND RE-AWARD THE CONTRACT IN YOUR COMPANY'S NAME. \n\nWE ARE LOOKING FORWARD TO DOING THIS BUSINESS WITH YOU AND SOLICIT YOUR CONFIDENTIALITY IN THIS TRANSATION. PLEASE ACKNOWLEDGE THE RECEIPT OF THIS LETTER USING THE ABOVE TEL/FAX NUMBERS. I WILL SEND YOU DETAILED INFORMATION OF THIS PENDING PROJECT WHEN I HAVE HEARD FROM YOU. \n\nYOURS FAITHFULLY, \n\nQuit With The Payday Loans Already.\n\nNOTE; PLEASE QUOTE THIS REFERENCE NUMBER (VE/S/09/99) IN ALL YOUR RESPONSES
202155
The total revenue intake during the current cycle is projected to be about $84 million.  For specific information regarding the budget, see the source below:
662564
http://www.whitehouse.gov/omb/budget/fy2006/tables.html
630668
They are having budget issues in their country.  It is mostly resolved at this time.
153728
Nigeria is a democracy - The president is Olusegun Obasanjo.  Although, maybe he is trying to turn Nigeria back into a monarchy - there are rumors that he will try to change the constitution to allow him to run for a third term as president.
62073
Abuja is the new capital of Nigeria
625073
Have a look here: http://www.419eater.com/\n\nOr on a more serious note:\nhttp://home.rica.net/alphae/419coal/\nhttp://www.crimes-of-persuasion.com/Nigerian/reporting.htm
1178470
Memorandum on Economic and Financial Policies of the Federal\nGovernment of Nigeria for 1999\nI.  Introduction\n\n\n1.  Nigeria has enormous economic potential. It has a vibrant private sector, highly motivated entrepreneurs, vast and fertile agricultural land, and a large domestic market. It is the seventh-largest oil exporter in the world (2 million barrels per day) and is richly endowed with other natural resources as well.\n\n2.  Yet Nigeria's economic and social development remains far below even the minimum expectations of the population. Per capita income amounted to only US$240 in 1997, substantially below the level at the time of independence in real terms. Equally disturbing, the country's social indicators have slipped to well below the average for developing countries: half the population lives in absolute poverty, life expectancy is only 52 years, and the infant mortality rate is as high as 84 per 1,000 live births. Mismanagement of our resources, overregulation of our economy, and, until recently, price and exchange rate distortions, have been at the root of Nigeria's economic malaise.\n\n3.  In recent years, some progress was made in stabilizing the economy, introducing greater competition, and strengthening the financial system. Inflation was brought down from 77 per cent in 19941 to 10 percent in 1997 and the exchange rate has remained stable. Exchange controls on current international transactions have been almost fully eliminated, interest rates have been deregulated, and restrictions on competition and private sector participation have been removed in most sectors of the economy. A number of measures have also been taken to address financial sector distress, including raising the minimum paid-up capital requirement, liquidating insolvent banks, improving loan recovery, and imposing sanctions for financial malpractice.\n\n4.  However, the fiscal adjustment that helped achieve macroeconomic stability did not pay adequate attention to the quality of public spending. While very large sums were spent on priority projects of doubtful viability, basic infrastructure—roads, water supply, sewerage, and electricity—was allowed to deteriorate to its current state of severe disrepair. State and local governments, which are responsible for the bulk of social services, also bore a disproportionate burden of the adjustment in spending. Moreover, economic activity continued to be hampered by poor performance of the large public enterprise sector, which led, in particular, to severe shortages of power and fuel, as well as inadequate telecommunications services. In addition, poor governance and abuses in the management of public resources have been severe obstacles to realizing the potential of the private sector, which would allow Nigeria to reduce its present heavy dependence on petroleum for foreign exchange earnings, government revenues, and economic growth. \n\n5.  Moreover, our external debt remains large. Over the last several years, the government serviced only part of its external debt. Interest not paid and interest accruing on unpaid debt service became new debt. Thus, despite the imposition in 1994 of an embargo on contracting new debt—as well as the low level of disbursements from existing commitments and ongoing debt conversions and buybacks—the outstanding stock of external debt has failed to decline. At the end of 1998, the stock of debt disbursed and outstanding stood at an estimated US$28.8 billion, and of this, some US$17.7 billion represented arrears, almost entirely to Paris Club creditors. The latter included some US$1.3 billion overdue payments on loans contracted after October 1, 1985, the cutoff date to be eligible for rescheduling that was established in the first of Nigeria's three past Paris Club reschedulings.\n\n6.  The sharp decline in world oil prices in 1998—and the ensuing one-third fall in oil receipts (US$5 billion)—has aggravated Nigeria's already difficult
264237
"A Guidebook on the Preparation of a Hospital Strategic Business Plan"\nhttp://www.doh.gov.ph/hsra/tsk/link%20sites/hospital/guidebook%20hosp%20strategic%20business%20plan.pdf\n\n"The Business Plan is a critical document to the transition of the hospital from a purely government subsidized health facility to its desired autonomous status."\n\n"Does Performance Budgeting Work?"\nhttp://www.imf.org/external/pubs/ft/wp/2005/wp05210.pdf\n\n"Performance budgeting refers to procedures or mechanisms intended to strengthen links between the funds provided to public sector entities and their outcomes and/or outputs through the use of formal performance information in resource allocation decision making."
516099
Nigeria is in massive foriegn debt, but they formed a new goverment and is improving is economy and is doing good.