Metro
Nigeria’s opposition party, PDP knocks President Tinubu’s 2024 budget, tags it ‘deceitful’
Published
1 year agoon
Nigeria’s main opposition party, the Peoples Democratic Party (PDP) has picked holes in the 2024 budget of N27.5 trillion presented by President Bola Tinubu to the National Assembly, tagging the proposed budget as not only “deceitful”, but one that has “no mechanism for economic recovery.”
President Tinubu had, on Wednesday, presented what he called the “Budget of Renewed Hope” before a joint session of Nigeria’s National Assembly— comprising the Senate and the House of Representatives— but the PDP seems not to be convinced that the budget would lift Nigeria out of its present economic challenges.
The opposition party, in a statement by its National Publicity Secretary, Debo Ologunagba, called on the National Assembly to reject the appropriation bill, arguing that if allowed to pass, it would plunge the country into further economic depression.
“The PDP describes the claim by President Tinubu that the budget is a Budget of Renewed Hope as conjured, unfounded and deceptive as the budget is completely devoid of concrete mechanisms to revive the economy, create jobs, address the comatose manufacturing and productive sectors, human capital development deficiencies and depleting life expectancy of Nigeria citizens,” the statement said.
“The 2024 budget is filled with heavily padded figures, duplicated items and several false statistics including claims of global increase in inflation rate as excuse for an impending excruciating increase in taxes and interest rate to the detriment of our productive sector.
“It is clear that the 2024 budget as proposed with its heavy provisions for luxury appetite of the Presidency and All Progressives Congress (APC) leaders which is predicated and expected to be funded from multilateral and bilateral foreign loans and increased taxes on Nigerians, is designed to further mortgage our nation and strangulate the already impoverished Nigerians.
“The budget framework with respect to Recurrent Expenditure Vote of N9.9 trillion, Capital Expenditure Vote of N8.7 trillion and N8.25 trillion for debt services is unsustainable and unrealizable in view of the stated outstanding debt and proposed borrowing which is targeted mainly to finance consumption, luxury appetite and debt servicing.
“The lack of concrete and verifiable action plans to revive the manufacturing, energy, agricultural and education sectors which are the main drivers of any economy is a pointer that the Tinubu-led APC government is bereft of ideas and completely disconnected from the reality of life being faced by Nigerians.
“It is of grave concern that the President in the budget speech, stated that his government has “adopted a Naira to US Dollar exchange rate of N750 per US Dollar for 2024.
“This is a clear admission of failure, incapacity and lack of direction by the APC administration to manage and grow the economy in such a way as to strengthen the national currency, productivity and competitiveness in the global market.
“It has further confirmed that the numerous promises by the President and officials of his government asserting a monetary policy to strengthen the Naira have been a deceptive ploy which is consistent with the APC in the past eight and half years.
“By adopting a defeatist N750 per US Dollar exchange rate, President Tinubu has further plunged our economy into the abyss, weakened our productive sector, wrecked the purchasing power of Nigerians and the capacity of the youths to be creative, recognizing that it will be almost impossible for Small and Medium Enterprises as well as Startups to access capital under such a suffocating budget.
“Every responsible leadership strives to work and defend its national currency. Unfortunately, the Tinubu-led government has surrendered our nation currency and pride to the whims and caprices of the so-called ‘market forces’.
“The PDP insists that with a transparent, honest and innovative management of resources and economic potentials of the nation; without inordinate pursuit of luxury consumption by a few individuals in leadership position, as being witnessed under the APC, the economy will witness a rapid turn-around and the Naira strengthened to its value of below N200 per US Dollar bequeathed by the PDP to the APC in 2015.
“This 2024 budget as presented by President Tinubu, therefore, represents hopelessness for Nigerians. It is pathetic that the President whose main duty is to provide for the security and welfare of Nigerians as provided for in Section 14 (2) (b) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) could present a budget that is not geared towards the attainment of that Constitutional duty imposed on him.
“The PDP calls on the National Assembly pursuant to its Constitutional duty under Section 80, 81 and 82 of the 1999 Constitution to reject the 2024 budget as presented and use its legislative powers to disassemble the budget and make provisions that are critical and pivotal to the growth of the economy and the welfare of Nigerians”, he stated.
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Metro
‘Don’t start what you can’t finish’, ex-Nigerian official replies President Tchiani
Published
3 weeks agoon
December 29, 2024Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and puerile allegations that Nigeria is conniving with France and the Lakurawa terrorists to destabilize his country.
Tchiani had, during an interview with Radio-Télévision du Niger on December 25, accused the Nigerian government of using the sect, with the help of foreign security forces notably from France, to wreck havoc in his country, insinuating that President Bola Tinubu had been paid by the France government to allow their military to establish a base in Borno State.
He also alleged that Nigeria, acting in collaboration with the French government and the terrorist group, was responsible for an attack on the Niger-Benin oil pipeline on December 13, 2024, in Gaya, Dosso Region of Niger Republic.
But in a statement he posted on his official X handle on Sunday, Fani-Kayode who is popularly called FFK, said Nigeria does not need the help of France and thr Lakurawa terrorist to destabilize Niger Republic.
FFK insisted that Nigeria is not part of the western powers sponsoring terrorists organizations to wretch havoc on the West African sub region.
“If Nigeria wanted to destabilise Niger Republic, I do not believe that we would need France or any terrorist organisation to do so,” the politician wrote.
He noted that on the contrary, western powers are the ones behind terrorist organizations operating in the region and other parts of Africa.
“I have maintained that the western powers are behind the terrorist groups that have plagued the West African sub region over the last 15 years and for the last ten years I have publicly stated this and given my reasons.
“I am equally certain that Nigeria, being one of the major victims of these terrorist organisations, has had no part in it and that no Nigerian President, past or present, has indulged in such grave and dangerous actions.”
He went on to advice Tchiani against provoking Nigeria with unguarded and infantile utterances capable of stoking Nigeria against his country.
“The Nigerien Military Head of State, Abdourahamane Tchiani, would do well to be careful not to provoke our wrath with his absurd assertions and remain mindful of the fact that the defence budget for his country, Mali and Burkina Faso COMBINED is not up to 25% of Nigeria’s.
“Tchiani’s grave allegations that President Tinubu and NSA Nuhu Ribadu have been bought by the French to destabilise Niger Republic, that our Government is jointly sponsoring a terrorist group with France to do same and that there are French military bases in Nigeria are infantile, puerile, mendacious and asinine.
“It is a squalid attempt by the Nigerien Head of State to sow the seeds of dissention in our country, to alienate our people from constituted authority, to divide our people and to undermine the Tinubu administration,” he added.
“It is also highly provocative and the FG should consider the possibility of taking other more extreeme measures if this reckless provocation continues.
“We are under no obligation to show restraint when we are being undermined and maligned.
Metro
Zambia announces second case of Mpox as country battles cholera outbreak
Published
4 weeks agoon
December 28, 2024The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of Copperbelt Province.
Acting Health Minister, Douglas Syakalima, who made the announcement on Friday during a press conference in Lusaka, revealed that the Ministry is intensifying contact tracing and surveillance to curb further spread of the disease.
Syakalima who also addressed the ongoing cholera outbreak in Nakonde, Muchinga Province, said thus far, seven cases have been confirmed.
“The second Mpox case involves a 34-year-old female from Ndeke, Kitwe, who presented with symptoms including rash, fever, swollen lymph nodes, and oral ulcers on December 21,” Syakalima said at the press parley.
He noted that there was an initial misdiagnosis with chickenpox in Lumwana, North-Western Province, but laboratory tests on December 26 confirmed that it was Mpox.
Syakalima added that the patient’s husband, who works in a neighboring country with confirmed Mpox cases, had experienced similar symptoms earlier this month.
“Both patients are now stable and under close monitoring. A rapid response team has been deployed to trace contacts and prevent further spread,” he said, adding that eight close contacts of the couple are currently under observation, while nationwide surveillance has been heightened.
The Health Minister added that on December 26, five cholera cases were confirmed at Nakonde Urban Clinic with the first three patients, a husband, wife, and their son, admitted on December 24 with symptoms of diarrhea, vomiting, dehydration, and shock.
“Today, two more cases have been reported, bringing the total to seven confirmed cholera cases from the same household,” Syakalima stated.
He explained that Nakonde’s location as a border town with high cross-border movement poses a risk for the disease to spread to other parts of the country.
The Minister however, assured that the Ministry has deployed teams to trace contacts, chlorinate water sources, disinfect affected homes, and activate Incident Management Systems at district and provincial levels while surveillance has been heightened, and contact tracing is ongoing for 33 individuals.
“The government remains committed to preventing further spread of these diseases,” Syakalima assured.
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