Peter Obi Seeks Review Of 2024 Budget

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PETER OBI

Peter Obi Seeks Review Of 2024 Budget

The 2023 Labour Party presidential candidate, Peter Obi, has called for a total review of the 2024 budget, citing grave concerns over the nation’s deteriorating security situation, widespread poverty, food insecurity, and crumbling infrastructure.

In a statement on Monday via X, Obi’s call comes amid controversies surrounding the current budget and its allocation of resources.

“Having followed the controversies trailing the 2024 budget, and having read some of the budgetary provisions and allocations of resources, I wish to respectfully appeal for a total review of the entire budget,” he stated.

Urging swift action from both the executive and legislative branches, Obi emphasised the urgency of the matter, stating, “The Executive and Legislative arms should initiate an immediate review of the budget as it is still in early days of implementation in order to enable them to do urgent virement of resources to critical areas.”

Obi noted the need to allocate adequate funding to critical sectors such as security, poverty alleviation, food security, and power supply.

“The nation’s resources should adequately be appropriated to critical areas like security, fighting poverty and solving the challenges of hunger and food insecurity, power supply, especially considering the difficult times that we are in,” he stressed.

Obi highlighted the nation’s struggles with hunger, food insecurity, and inadequate power supply.