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FG, Peter Obi “Fight” Over ₦2.17t Supplementary Budget

FG, Peter Obi "Fight" Over ₦2.17t Supplementary Budget

FG, Peter Obi “Fight” Over ₦2.17t Supplementary Budget

The Minister of Information and National Orientation, Mohammed Idris, has defended the 2023 supplementary budget signed into law by President Bola Ahmed Tinubu, stating that it is a necessary response to the country’s current economic challenges.

Idris’s response comes amid criticism from the Labour Party’s presidential candidate, Peter Obi, who opposed the approval of the ₦2.17 trillion supplementary budget by President Tinubu, claiming that certain emergencies and critical national needs were overlooked by the president.

What we know

Observations on the Supplementary Budget:

A supplementary budget is a budget made for very important national welfare needs of the people which were not captured originally in the main budget, or do not have adequate funding.

Admittedly, some items in the current budget may not have taken into consideration the needs of a new administration, but it is expected that a supplementary budget this late in the financial year should reflect mostly urgent items of national welfare.

Sadly, the most pressing national needs and emergencies have not featured in the supplementary budget that was just announced by the government. For example, the United Nations and World Food Programme have recently alerted that up to 6.5 million Nigerians will go hungry next year. This number is largely from among citizens in Sokoto, Adamawa, Borno, Yobe, and Zamfara States. A caring Government in order to plan for the mitigation of such pending catastrophe can request for supplementary budget provisions to cushion those under threat.

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No item of urgent social welfare has yet featured in the supplementary budget being orchestrated by this government. Instead, the items being made to dominate public discourse on the budget include a mysterious Presidential Yacht, Presidential Jets, the furnishing of already lavishly furnished presidential quarters and offices, fleets of luxury SUVs etc. This portrays a Government that is totally uncaring and insensitive to the suffering of the majority, and indifferent to the mood of the nation.

The Government’s overall attitude does not indicate that it is aware that the country is in a huge crisis, nor is the government in tune with the plight of the generality of our people. Even worse is the fact that most of the funding for these profligate expenditures will be largely borrowed. The least that Nigerians expect from the government at this difficult moment is empathy and realism, not lavish indulgence. -PO
Peter Obi

FG Disputes Obi’s Claim of Insensitivity in Supplementary Budget

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The Minister of Information and National Orientation, Mohammed Idris, has said the 2023 supplementary budget signed into law by President Bola Ahmed Tinubu on Wednesday November 8, 2023 is not insensitive, but rather a bold and pragmatic response to the pressing and economic challenges Nigeria currently faces.

The Minister 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.

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“The broad provisions in the supplementary budget is 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,” said Idris.

Idris 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, explaining 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.

Idris emphasized that, in line with President Tinubu’s inclination to accountability and transparency in government expenditure, all items in the supplementary budget have been meticulously scrutinised to ensure efficient utilisation of public funds.

Rabiu Ibrahim
Special Assistant (Media)
To the Honourable Minister of Information and National Orientation
November 9, 2023

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