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Thursday, December 15, 2016

Science and Technology missing in 2017 key provisions

ITRealms:
Investments in the nation's Information and communication technology and specifically science and technology is conspicuously missing in the 2017 budget presented to the National Assembly on Wednesday in Abuja as key factor, reports ITRealms.

Investigations by ITRealms, showed that President Muhammadu Buhari's budget presentation that in the some 14 key provisions, there is no mention of technology infrastructure as a major tool.

Buhari had listed his administrations 2017 key capital spending provisions to include:
Power, Works and Housing:                 N529 billion;
•                            Transportation:                                        N262 billion;
•                            Special Intervention Programmes:       N150 billion. 
•                            Defence:                                                  N140 billion;
•                            Water Resources:                                  N85 billion;
•                            Industry, Trade and Investment:        N81 billion;
•                            Interior:                                                     N63 billion;
•                            Education                                                N50 billion
•                            Universal Basic Education Commission:     N92 billion
•                            Health:                                                N51 billion
•                            Federal Capital Territory:                      N37 billion;
•                            Niger Delta Ministry:                            N33 billion; and
•                            Niger Delta Development Commission: N61 billion;

Specifically, Buhari said his administration has maintained substantially higher allocations for infrastructural projects which will have a multiplier effect on productivity, employment and also promote private sector investments into the country, yet ICT infrastructure was missing.

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