Monday, December 24, 2018

2019 Nigeria Budget Reactions

In a statement he signed and issued on Sunday, the Waziri of Adamawa stated that it will be a disservice to the nation if the “fundamental flaws” are ignored.


President M. Buhari had last week presented a budget proposal of N8.83 trillion for 2019 to a joint session of the National Assembly on December 19, 2018. The presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has rubbished the 2019 budget President Muhammadu Buhari presented at the National Assembly last week.
R
eacting to the budget, Atiku accused the Presidency of filling the budget proposal with several inaccurate claims and making attempts to hide its failure to improve the welfare and living standards of Nigerians.


The statement entitled ‘My Takeaways from Budget 2019’ reads: “The proposed budget as presented is fundamentally flawed.

“It deliberately ignores and fails to address current realities and pretends, as Mr President asserts, ‘we are on the right direction.

“On the contrary, the 2019 budget is built on a very shaky foundation and makes very generous, often wild and untenable assumptions which pose significant risks to its implementation.”

“I see the rhetoric of ‘inclusive, diversified and sustainable growth’ as no more than an amplification of the All Progressives Congress (APC)-led government’s renewed propaganda to hoodwink the citizens into believing that there is ‘light at the end of the tunnel.”
Abubakar said the 2019 budget presented by Buhari was “fundamentally flawed,” adding that the budget was built on a “shaky foundation.”



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