A former Minister of Education, Obiageli Ezekwesili, has described the recently passed 2023 National Budget as “hopeless” and “tragic”.
Ezekwesili made the claim in a post via her verified Twitter handle on Wednesday.
Join Our WhatsApp Channel for Exclusive Stories, News Reports, and Engaging Content. {Click Here}
ALSO READ: Buhari signs N21.83trn 2023 budget into law
President Muhammadu Buhari had on Tuesday signed the N21.8 trillion 2023 budget into law.
Buhari said the signing would avoid delay in next year’s budget implementation while urging the National Assembly to reconsider the decision on his administration’s N23.7 trillion ‘ways and means’ loan request.
However, Ezekwesili noted that the budget has a deficit larger than revenue by almost N12.00 trillion, describing it as tragic.
ALSO READ: FG will sell 5 Electricity companies to fund 2023 Budget
She wrote, “This is the summary of the HOPELESS Budget @MBuhari signed into law yesterday:
“Total Expenditure is N21.83 trillion.
“Total Revenue N9.73 trillion!
“The Budget has a deficit larger than revenue by almost N12.00 trillion! Tragic.
“You all better get your PVCs ready because…” she said.