Throw Away Tinubu’s 2024 Budget, PDP Tells National Assembly
The Peoples Democratic Party says the N27.5 trillion budget for the 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly is “deceitful, strangulating, and hopeless”.
The PDP, in a statement by its National Publicity Secretary, Debo Ologunagba, on Wednesday stated that if the budget is allowed to pass, it will further put Nigeria into more economic mess.
The opposition party tasked the National Assembly, pursuant to its constitutional duty under Sections 80, 81, and 82 of the 1999 Constitution, to reject the 2024 budget as presented.
Ologunagba stated that the budget does not contain concrete methods to revive the economy, create jobs and look into the dead manufacturing and productive sectors among others things.
The statement read in part, “The budget framework with respect to Recurrent Expenditure Vote of N9.9 trillion, Capital Expenditure Vote of N8.7 trillion and N8.25 trillion for debt services is unsustainable and unrealiaable given the stated outstanding debt and proposed borrowing which is targeted mainly to finance consumption, luxury appetite and debt servicing.
Throw Away Tinubu’s 2024 Budget, PDP Tells National Assembly
The Peoples Democratic Party says the N27.5 trillion budget for the 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly is “deceitful, strangulating, and hopeless”.
The PDP, in a statement by its National Publicity Secretary, Debo Ologunagba, on Wednesday stated that if the budget is allowed to pass, it will further put Nigeria into more economic mess.
The opposition party tasked the National Assembly, pursuant to its constitutional duty under Sections 80, 81, and 82 of the 1999 Constitution, to reject the 2024 budget as presented.
Ologunagba stated that the budget does not contain concrete methods to revive the economy, create jobs and look into the dead manufacturing and productive sectors among others things.
The statement read in part, “The budget framework with respect to Recurrent Expenditure Vote of N9.9 trillion, Capital Expenditure Vote of N8.7 trillion and N8.25 trillion for debt services is unsustainable and unrealiaable given the stated outstanding debt and proposed borrowing which is targeted mainly to finance consumption, luxury appetite and debt servicing.
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