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Obi Considers Tinubu’s 2024 Fiscal Budget ‘Crazy’

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2023 Presidency: Obasanjo's Endorsement Of Peter Obi Worthless - APC Presidential Campaign Council

 

. . . Laments Frivolous Allocation Of Over N20bn For VP’s House

 

Presidential Candidate of the Labour Party in the 2023 elections, Peter Obi has put the proposed 2024 budget of the President Bola Ahmed Tinubu administration under the microscope, lamenting the crazy wastefulness enshrined therein.

Obi claimed that he was still studying the document, which is being hurriedly passed by the National Assembly, took to his verified X handle to express grave concerns that priorities were being misplaced.

He expressed firm conviction that something was fundamentally wrong with the way Nigeria was being led at the moment, drawing examples from the provision for housing the Vice President, Kashim Shettima Mustapha.

According to Obi, “I am compelled to ask: what is exactly wrong with us as a country?”

It beat Obi’s imagination why budgetary allocation for housing Mustapha would cover the cost of annual salaries for 3,000 professors, when Nigeria was in dire need of human capital development, healthcare, while grappling with unemployment and underemployment challenges.

He pointed out that Nigeria, “budgeted the sum of N20.5 billion for the housing of the Vice President,” while maintaining the status of “the world’s poverty capital”, yet “more people are falling into poverty”, at such speed that several “Nigerians not knowing where their next meal will come from”.

Obi pointed to the state of health facilities in Nigeria and level of unemployment and wondered what such a colossal amount could do in such critical areas.

He lamented “that 99.9% of Nigerians can only dream of living in the current residence of the Vice President,” while some even the in employment of the Federal Government are not being paid.

In his analyses, Obi noted that “the salary of a professor in a Nigerian university is about N400,000, which without removing tax is about N5 million a year.

“What we have budgeted for the housing of the Vice President who is already luxuriously housed is, therefore, the annual salary of about 3000 professors!”

He made examples of quality decisions made by past leaders like late Gen Murtala Mohammed, who turned down land allocated for his presidential mansion and ordered that it should be developed into the popular 1004 flats in the Victoria Island area of Lagos.

“We have had leaders that were exemplary in the past.

“Most Nigerians may not know that the popular 1004 flats in Lagos, was a land allocated for the building of a Presidential Mansion for the then Head of State, General Murtala Mohammed.

“He sternly turned down the offer and instructed that the land should be used to build blocks of flats for civil servants.

Below is the full text of what Obi wrote on X in a series of tweets.

Obi wrote, “Even as I am still studying the 2024 fiscal budget as presented to the National Assembly last week, I cannot wait as I am compelled to ask: what is exactly wrong with us as a country?

“I ask this question because it is hard for me to understand some of the recent happenings in our nation, in these critical times. The recent news about a budget provision of N15 billion for the construction of a new residence for the Vice President is both shocking and disheartening, considering the many important challenges facing our nation.

“Just recently in the Supplementary Budget, the sum of N2.5 billion was included for the renovation of the Vice President’s residence in Abuja, which means that he already has a residence.

“Again, during the budget presentation, I heard the sum of N3 billion was allocated for the renovation of the Vice President’s residence in Lagos.

“If we total all these sums, we would have budgeted the sum of N20.5 billion for the housing of the Vice President at this critical time when we are not just the world’s poverty capital, but more people are falling into poverty, with so many Nigerians not knowing where their next meal will come from.

“Our health facilities have collapsed, and unemployment is skyrocketing.

“I am convinced that 99.9% of Nigerians can only dream of living in the current residence of the Vice President. Several people employed in the universities are not being paid.

“Just to give an example, the salary of a professor in a Nigerian university is about N400,000, which without removing tax is about N5 million a year.

“What we have budgeted for the housing of the Vice President who is already luxuriously housed is, therefore, the annual salary of about 3000 professors! This is the finance needed to develop the much-needed human capital.

“The budget of N5 billion for student loans, which is yet to be disbursed is only a tiny percentage of the cost of the Vice President’s new home.

“We are projecting to use four times the amount for educating ALL Nigerian indigent students to house the Vice President, and we are being told there is nothing wrong with us.

“I am sure the major teaching hospitals in Nsukka, Lagos, Ibadan, and Zaria did not receive this much capital vote in the budget this year.

“We have had leaders that were exemplary in the past.

“Most Nigerians may not know that the popular 1004 flats in Lagos, was a land allocated for the building of a Presidential Mansion for the then Head of State, General Murtala Mohammed.

“He sternly turned down the offer and instructed that the land should be used to build blocks of flats for civil servants.

“That is the kind of sacrificial leadership worth emulating. Our leaders must therefore stop the recklessness and insensitivity to the plight of the masses.

“We need leaders who show compassion and are willing to sacrifice for common progress and development. Such compassionate and frugal leaders are critical in our journey to the New Nigeria. –PO”

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JUST IN: Reps Summon Petroleum Minister Amid Fuel Crisis

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The House of Representatives has taken decisive action in response to the widespread shortage of Premium Motor Spirit, commonly referred to as petrol, by summoning the Minister of Petroleum Resources.

This move follows a motion of urgent public importance introduced by Shehu Ajilo, the representative for Makarfi/Kudan Federal Constituency, during Tuesday’s plenary session.

While President Bola Tinubu currently holds the position of Minister of Petroleum Resources, and Heineken Lokpobiri serves as Minister of State (Petroleum Resources), the specific minister summoned was not disclosed by the lawmakers.

Lawmakers anticipate receiving a briefing from the Minister regarding the fuel crisis, along with proposed measures to tackle the issue effectively.

 

 

Details later.. . .. . . 

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BREAKING: Senators Fight Over Seats In Newly Renovated Chamber

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Senate asks NLNG to pay host communities N18.4b compensation within 2 months 

A tumultuous scene unfolded during the Senate’s return to plenary on Tuesday, marked by a heated altercation among senators over seating arrangements in the recently refurbished chamber.

Commencing around 11 am, the plenary commenced with the customary procession, followed by Senate President GodsWill Akpabio’s announcements, including recognition of lawmakers whose birthdays occurred during the recess.

Tensions escalated when Senator Sahabi Yau (APC, Zamfara North) engaged in a vocal exchange with Senate leader Opeyemi Bamidele (APC, Ekiti Central), with finger-pointing gestures exchanged between the two.

Subsequently, Danjuma Goje (APC, Gombe Central) joined Yau in confronting Bamidele and Senate Services chairman Sunday Karimi (APC, Kogi West) regarding the seating arrangements.

Reports indicate that the dispute stemmed from discontent among senior senators regarding their seating positions, particularly those allocated seats in the front row on the far right side of the aisle.

In an attempt to restore order, the Senate President called for senators to address their grievances individually, yet Yau refused to comply, prolonging the tumultuous session for approximately 20 minutes.

Following the Senate President’s address, the Senate leader proposed a resolution to convene a closed-door session, which was subsequently approved.

At approximately 12:05 pm, the Senate transitioned into an executive session.

The Senate had adjourned plenary on March 20 until April 16, with resumption postponed twice to accommodate the completion of renovations on the chamber, which had been ongoing since 2022.

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Senators Clash Over Seat In Renovated Chamber

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The resumption of Senate proceedings on Tuesday was marked by a heated confrontation as senators engaged in a row over seating arrangements.

The session, which began at 11 am, saw Senate President GodsWill Akpabio kick off with routine announcements, including recognition of birthdays celebrated by lawmakers during the break.

However, the atmosphere turned tense when Senator Sahabi Yau (APC, Zamfara North) raised his voice at Senate leader Opeyemi Bamidele (APC, Ekiti Central), sparking a fiery exchange.

Joining Yau, Senator Danjuma Goje (APC, Gombe Central) directed shouts at Bamidele and Senate Services chairman Sunday Karimi (APC, Kogi West), who was overseeing seating arrangements.

Ranking Senators reportedly expressed frustration over their seating assignments in the front row on the last right side of the aisle.

Despite Senate President’s suggestion for them to approach the chair individually, Senator Yau declined.

The tumultuous session continued for approximately 20 minutes as senators exchanged heated remarks.

Following the Senate President’s welcome-back address, the Senate leader proposed transitioning to a closed-door session.

Subsequently, at approximately 12:05 pm, the Senate convened for an executive session.

Plenary, which was initially adjourned on March 20 until April 16, was postponed twice to accommodate the ongoing renovations of the chamber since 2022.

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