A former Minister of Education, Obiageli Ezekwesili, has raised concerns over the 2023 National budget, describing it as “hopeless”.
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The PUNCH convener stated that the budget lacked any innovative approach to solving the country’s problems and was just a continuation of previous ones, which have failed to address reports that the President, Major General Muhammadu Buhari (retd.), signed the 2023 Budget of N21.83tn along with the 2022 Supplementary Appropriation Bill into law.
Buhari signed the 2023 transition budget Tuesday morning at the Council Chambers of the Presidential Villa, Abuja, in the presence of Vice President Yemi Osinbajo, Sen. George Akume, Minister of Budget and National Planning, Zainab Ahmed; Minister of Finance, Zainab Shamsuna Ahmed; the Accountant-Generalate President Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.
Speaking at the event
Speaking at the event, the President said his regime would speed up critical infrastructure projects nationwide as it raced toward the finish line on May 29, 2023.
He noted that the budget is N21.83 trillion aggregate expenditure,
Ezekwesili expressed disappointment
However, Ezekwesili, who is the co-convener of Bring Back Our Girls movement and former Vice president of the World Bank, took to her Twitter page shortly after Buhari signed the budget into law and expressed disappointment over its content.
She wrote: “resident of World Bank for Africa, has expressed disappointment at the budget.
What she said
She said, “The 2023 Budget is a hopeless one and I am disappointed in the way it was put together. It does an increase of N1.32 trillion over the initial executive proposal of N20.51 trillion. It is the eighth and final budget of Buhari’s regime.
But reacting to the budget on Wednesday via her Twitter page, Ezekwesili decried the budget deficit, adding that it was important for Nigerians to get their Permanent Voter Cards.
“Total Expenditure is N21.83 trillion.
“Total Revenue N9.73 trillion!
“The Budget has a deficit larger than revenue by almost N12.00 trillion! Tragic.
“You all better get your PVCs ready because…”