Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»News»Peter Obi spots Errors in 2024 Budget against Nigeria’s Development 
News

Peter Obi spots Errors in 2024 Budget against Nigeria’s Development 

meridianspyBy meridianspyApril 16, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Peter obi
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

The 2023 Labour Party Presidential candidate, Peter Obi, says he will remain persistent in expressing his deep concerns about the 2024 budget, citing its critical importance to thePeter obi lives of citizens, especially the poor.

Obi said this in a statement via X on Tuesday, arguing that the budget’s numerous negatives have far-reaching implications for the nation’s development and the well-being of its citizens.

“It is evident that there are items in the budget that do not align with our current circumstances, and it is imperative to call for a review and appropriate virement. Allocating our scarce resources to high-priority areas of need is essential for the well-being of the nation,” Obi stated.

Obi took issue with several specific allocations in the budget.

“Allocating N15 billion solely for the National Assembly hospital is unacceptable, especially when it exceeds five times the budgetary allocation to The National Hospital or the combined capital vote of our six major teaching hospitals across the nation,” he said.

He further listed the teaching hospitals including University College Hospital, Ibadan; University of Nigeria Teaching Hospital, Enugu; Ahmadu Bello University Teaching Hospital, Zaria; Obafemi Awolowo University Teaching Hospital, Ile-Ife; Jos University Teaching Hospital and University of Ilorin Teaching Hospital.

“This disparity reflects a low level of care for the rest of society,” Obi asserted.

He also criticised the N15.3 billion allocation for the National Assembly library project and procurement of books, including the e-Library.

READ ALSO  Court Orders INEC to Recognise, Upload NDC’s Modified Logo

“The National Library has been under construction for the past 20 years, and its budgetary allocation for 2024 is less than 1B Naira, which makes the National Assembly Library budget 15 times more,” Obi wrote.

Obi further expressed concern over the allocation of N10 billion for the Senate and House of Representatives’ car parks and the National Assembly Recreation Centre while allocating less to the Ministry of Science, Technology, and Innovation.

He said, “Allocating N10 billion for the Senate and House of Representatives’ car parks and the National Assembly Recreation Centre, while allocating less to the Ministry of Science, Technology, and Innovation, is concerning.

“In an era where science, technology and innovation are crucial for the nation’s future, such allocations demonstrate a lack of foresight and basic awareness of global trends and urgent national priorities,” he stated.

Obi, therefore called for a reassessment of priorities, a revisiting of the budget, and the elimination of frivolous expenditures.

No related posts.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Cross River Commissioner for Power, Eka Williams, Dies in Abuja

September 13, 2026

2027: Obi’s Credentials Face Fresh Scrutiny As LP Chieftain Sues WAEC, UNN, NYSC

September 13, 2026

Petrol Price Hits N1,430 In Abuja As Strait Of Hormuz Crisis Worsens

September 13, 2026
Search
Recent Posts
  • Cross River Commissioner for Power, Eka Williams, Dies in Abuja
  • 2027: Obi’s Credentials Face Fresh Scrutiny As LP Chieftain Sues WAEC, UNN, NYSC
  • Petrol Price Hits N1,430 In Abuja As Strait Of Hormuz Crisis Worsens
  • Confusion Deepens in Abia PDP as Party Denies Constituting 2027 Governorship Campaign Council
  • Pastor Jerry Eze’s Church Refunds Woman’s N1.64m Mistaken Transfer
  • 2027: Kwankwaso Is Unbeatable in Kano – Victor Umeh
  • US Reacts to North Korea’s Missile Launches, Begins Consultations With Allies
  • Xenophobia: Nigerian Government Condemns Killing of Two Nationals in South Africa, Demands Probe
  • I’m Restoring Subsidy to Cut Fuel, Transport Costs – Atiku
  • UNIZIK ASUU Suspends Strike After Full Payment of August Salaries
  • Nigerian Businessman Arrested at Dublin Airport Over Alleged €19m Mining Fraud
  • Ballon d’Or 2026: Kane Leads Top 10 Ranking After Shortlist Is Revealed
  • ASUU Threatens Fresh Nationwide Strike Over Unpaid Salaries, 2025 Agreement
  • Manchester United Make Winning Champions League Return With 4 0 Rout of Sabah
  • Dangote Refinery Rejects Fuel Subsidy Return, Price Controls
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.