Cover StoryNewsPolitics

FG Slams Obi’s Comment on Supplementary Budget

2 Mins read

“the 2023 presidential candidate of the Labour Party to take the time and effort to acquaint himself with the details of the N2.17 trillion 2023 Supplementary Budget, which includes allocations for essential sectors: security, agriculture and food security, works and housing, wage increase for workers, student loan scheme and social safety nets, among others, all aimed at strengthening the country’s economic foundations and improve the living conditions of Nigerians.

By Ajisafe Olayiwola

The Federal Government has slammed the comment of the Labour Party presidential candidate in the February 25 election, Peter Obi, on the recently signed supplementary budget.

The FG decried the comment of Obi that the supplementary budget was insensitive to the citizens, noting that it is a “bold and pragmatic response” to national pressing issues.

Obi had, on Wednesday, via a post on his X handle, lamented that the supplementary budget failed to capture “urgent items of national welfare,” despite being signed by President Bola Tinubu at a “late” period of the year.

The erstwhile Anambra State governor branded the FG’s act as “uncaring” and “insensitive.”

However, in response to the claim, the Minister of Information and National Orientation, Mohammed Idris, has said that the budget signed into law on Wednesday by Tinubu, was a reflection of the administration’s “bold and pragmatic response to the pressing and economic challenges Nigeria currently faces.”

This was made known in a statement issued on Thursday by the minister’s Special Assistant on Media, Rabiu Ibrahim, a copy which was obtained by our correspondent.

Idris urged “the 2023 presidential candidate of the Labour Party to take the time and effort to acquaint himself with the details of the N2.17 trillion 2023 Supplementary Budget, which includes allocations for essential sectors: security, agriculture and food security, works and housing, wage increase for workers, student loan scheme and social safety nets, among others, all aimed at strengthening the country’s economic foundations and improve the living conditions of Nigerians.

“The broad provisions in the supplementary budget are a reflection of President Tinubu’s strong desire and eagerness to support the vital functions of government, address urgent security needs, and fast-track the country’s recovery process from the economic impact occasioned by the removal of fuel subsidy.”

The statement added that the minister urged the “political opposition to be informed and balanced in the exercise of their right to differing opinions and refrain from misrepresentation of facts for political gains,”

He further explained that the supplementary budget was “derived from the active engagement and consultation with relevant stakeholders who ensured that the budgetary provisions aligned with the needs and expectations of Nigerians.”

The minister noted that all items contained in the budget had been “meticulously scrutinised” before its passage into law; a show of Tinubu’s “inclination to accountability and transparency in government expenditure,” to “ensure efficient utilisation of public funds.”

   

About author
Time Nigeria is a modern and general interest Magazine with its Headquarters in Abuja. The Magazine has a remarkable difference in editorial philosophy and goals, it adheres strictly to the ethics of Journalism by using the finest ethos of the profession to promote peace among citizens; identifying and harnessing the nation’s vast resources; celebrating achievements of government agencies, individuals, groups and corporate organizations and above all, repositioning Nigeria for the needed growth and development. Time Nigeria gives emphasis to places and issues that have not been given adequate attention by others. The Magazine is national in outlook and is currently being read and patronized both in print and on our vibrant and active online platform (www.timenigeria.com).
Articles
Related posts
Cover StoryEconomyFeaturesForeign NewsKings and KingdomsNewsTelecommunication

NCC Under Dr. Aminu Maida: Championing Cultural Preservation Through Digital Innovation

2 Mins read
“If we don’t produce our own content that will drive home the culture we want to preserve, it is the content we…
Cover StoryEconomyEntrepreneurshipNews

Tinubu To Declare Open 10th National Industrial Summit In Ilorin

2 Mins read
The summit would deliberate on employment issues, as it objectives include promoting productive and secured decent work, social justice in work places,…
Abuja FileCover StoryNews

DG NILDS Celebrates Former President Goodluck Jonathan  As a Selfless Leader on His Birthday

1 Mins read
The Director-General of the National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Olanrewaju Sulaiman, has paid glowing tribute to former…
Stay on the loop!

Subscribe to our latest news.

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com