Obiageli Ezekwesili, a former minister of education, has called the 2023 National Budget “hopeless.”
On Wednesday, Ezekwesili posted the assertion using her verified Twitter account.
Remember that on Tuesday, President Muhammadu Buhari officially signed the N21.8 trillion 2023 budget into law.
Buhari urged the National Assembly to reconsider its decision on his administration’s N23.7 trillion “ways and means” loan request, claiming that the signing would prevent delays in the implementation of the budget for the following year.
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Ezekwesili, calling it unfortunate, pointed out that the budget has a deficit that is about N12 trillion greater than the revenue.
“This is the summary of the HOPELESS Budget @MBuhari put into law yesterday,” she stated in her message.
“This is the summary of the HOPELESS Budget @MBuhari signed into law yesterday:
“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…”, she wrote.