Introduction to Government Budgeting

The recently (and sadly) aborted subsidy strike has brought to fore how expensive (or is it wasteful) our government is – check this out:

Government is budgeting for the following:

(I). 90 HP DESKTOPS @ N300,000 = N27,000,000;
(II). 20 HP PRINTERS @ N150,000 =N3,000,000;
(III). 60 NOS. UPS @ N55,000 = N3,300,000;
(IV). 75 NOS.HP LAPTOPS @ N314,000 = N23,550,000 AND
(V). 10 NOS. SCANNERS @ N190,000 = N1,900,000.

What manner of PC are we buying at 300K a pop? And HP laptops at 314K? Are these mobile servers?

It seems I’m in the wrong business 🙁

Comments 2

  1. Ola Eby wrote:

    This is prodigal…!

    Posted 21 Jan 2012 at 7:47 am
  2. Oludare Adanri wrote:

    Nigeria’s finance conundrum! Everything is mysterious. Simple landed cost that a guided secondary school guy can do has become something technical,what is the cost of pms? we have variety of cost, costing for different purpose.
    It is only in our goverment they dont get discount for bulk purchase. 90 desktops for N300k eack !
    God will soon save us from these Pharaohs.

    Posted 21 Jan 2012 at 9:02 am

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