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2023 Budget Has No Hope – Oby Ezekwesili

Rojon by Rojon
January 11, 2024
in News
Reading Time: 1 min read
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Former Education Minister Obiageli Ezekwesili has criticized the national budget for 2023.

Goldennewsng reports that she expressed concern regarding the “hopeless” national budget for 2023.

President Muhammadu Buhari signed the N21.83 trillion budget for 2023 and the 2022 Supplemental Appropriation Bill into law.

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In the presence of Vice President Yemi Osinbajo, Senate President Ahmad Lawan, House Speaker Femi Gbajabiamila, and other members of the Federal Executive Council, Buhari signed the 2023 transition budget Tuesday morning in the Council Chambers of the Presidential Villa, Abuja.

During his speech at the event, the President stated that his government would accelerate nationwide critical infrastructure projects as it raced to the finish line on May 29, 2023.

He mentioned that the budget’s total expenditures are N21.83 trillion, up N1.32 trillion from the initial executive proposal’s N20.51 trillion. The eighth and final budget of Buhari’s administration is here.

Ezekwesili, on the other hand, expressed her displeasure with the budget deficit on Wednesday via her Twitter page, adding that Nigerians needed to get their Permanent Voter Cards.

She penned, “This is the summary of the HOPELESS Budget that @MBuhari signed into law yesterday:”

“Complete Consumption is N21.83 trillion.

“Revenues totaling N9.73 trillion!

The budget has a deficit that is almost N12 trillion higher than the revenue! Tragic.

“You all better prepare your PVCs because…”

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