• News - North Central - FCT
  • Updated: January 04, 2023

Ezekwesili Says 2023 Budget Hopeless

Ezekwesili Says 2023 Budget Hopeless

Former Minister of Education, Obiageli Ezekwesili, has expressed concerns over the 2023 National budget, describing it as 'hopeless.'

Ezekwesili on Wednesday decried the budget deficit, adding that it was important for Nigerians to get their Permanent Voter Cards

“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…” the former minister ended. 

Recall that, President Muhammadu Buhari had signed the 2023 budget of N21.83tn along with the 2022 Supplementary Appropriation Bill into law.

Buhari signed the 2023 transition budget Tuesday morning at the Council Chambers of the Presidential Villa, Abuja, in the presence of Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.

The budget is N21.83 trillion aggregate expenditure, an increase of N1.32 trillion over the initial executive proposal of N20.51 trillion. It is the eighth and final budget of Buhari’s regime.

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