2024 budget: Tinubu not ready for nation building — PRP

The National Chairman of the Peoples Redemption Party (PRP), Dr Falalu Bello has said that a thorough look at the 2024 Appropriation Bill of N27.5 trillion presented to the National Assembly by President Bola Tinubu shows that the president is not yet ready for nation building. In a statement titled, ‘The Appropriation Bill: Seeing Beyond […]

The National Chairman of the Peoples Redemption Party (PRP), Dr Falalu Bello has said that a thorough look at the 2024 Appropriation Bill of N27.5 trillion presented to the National Assembly by President Bola Tinubu shows that the president is not yet ready for nation building.

In a statement titled, ‘The Appropriation Bill: Seeing Beyond Semantics,’ Bello said the present administration is only interested in protecting the interest of the rich.

He said, “The statistics above look good on the surface. But, a thorough look at the assumptions underlying the budget will show clearly that this administration is yet to be ready for nation building. Indeed, this government is still a relic of the past that is jealously protecting the few oligarchs as it does not have a path to the good future we seek as a nation. This, though, is not surprising as it is a continuation of an APC 8 years’ administration we advised Nigerians not to reelect.”

Bello also faulted the Tinubu government for claiming it inherited a bankrupt and empty treasury saying the number of appointments it has made does not show it is circumspect and serious in its desire to provide “renewed hope”.

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“Clearly, given the fact we are borrowing as a nation to fund our recurrent expenses, we should cut down on cost, manage spending, and block leakage, the administration is carrying on with “governance as usual”! A council of 48 ministers and hosts of assistants and advisers at a time when we should be cutting costs is certainly a wrong way to manage our economy as of today. Frugality, tight monetary, and fiscal policies as well as avoiding waste and unnecessary spending should be the order of the day for a serious administration,” he added.