Former Governor of Benue state, Gabriel Suswam, has said the 2024 budget cannot be implemented because it contains a N17 trillion deficit.
Suswam stated this while faulting the 2024 budget proposed by President Bola Tinubu.
DAILY REPORT NG reported that President Tinubu had presented N27.5 trillion as a proposed budget for the 2024 fiscal year to members of the National Assembly on Wednesday.
ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!
However, the former governor of Benue state stated that the budget was prepared because the people in power lacked leadership skills.
Speaking while addressing 25 fellows of the Emerging Political Leaders Fellowship on Wednesday, Suswam said: “I was looking at the budget, out of the whole money in that budget, the deficit is N17 trillion.
“Because you have N9 trillion of deficit, N8 trillion of debt service, then you have N2.7 trillion of tax expenditure, that is a waiver.
“So the entire money, the N27 trillion budget is not implementable. Do you know why we have that? Because we have people in leadership with no intellectual content.”
Also Read: Why Nigeria May Not Witness Free, Fair Election Under Tinubu – Yoruba Group
Leave a comment