– The N10.3trn national budget for the year 2020 presented by President Muhammadu Buhari before the National Assembly has been condemned by Afenifere
– The pan-Yoruba socio-political group described the national budget as a joke of a document
– According to the group, the country is in trouble if a quarter of that amount is to be committed to servicing debts and not paying them
The N10.3trn national budget for the year 2020 presented by President Muhammadu Buhari before the National Assembly has been described by Afenifere as a joke of a document
The group said that the country is in trouble if a quarter of that amount is to be committed to servicing debts and not paying them, Nigerian Tribune reports.
The president on Tuesday, October 8, presented the budget proposal before the joint sitting of the National Assembly in Abuja for passage into law.
This was stated on Wednesday, October 9, by the national publicity secretary of the group, Yinka Odumakin.
The group said: “The budget is a joke of a document. When you are presenting a budget and you admit, you are going to spend a quarter of the budget to service debts, not paying debts to service debts, there is trouble, there is a serious crisis, this country is going down, down, down the drains.
“All the monies they voted for Ministry of Works under Fashola cannot finish Lagos- Ibadan Expressway in a year. So and when you look at all the other headings, there is nothing that is going to happen in this economy.
“So Nigerians should put on their sackcloth because from what has been presented now, there is nothing for the people, absolutely nothing.”
Source: Legit NG
Author: Tunde Ososanya