“After Spending Hundred Of Billions On Lawmakers In The Past Months”- Public Outrage As Minister Of Budget Reveals Nigeria Is Broke, FG Struggling To Pay Salaries

 “After Spending Hundred Of Billions On Lawmakers In The Past Months”- Public Outrage As Minister Of Budget Reveals Nigeria Is Broke, FG Struggling To Pay Salaries....KINDLY READ THE FULL STORY HERE▶

Written By Oshiobugie Omo-Ikirodah

Abuja, October 20: Atiku Bagudu, the Minister of Budget and National Planning, voiced concerns over Nigeria’s ability to address the socio-economic challenges arising from its rapidly increasing population. The Minister emphasized that the nation’s financial constraints were becoming more pronounced, which could hinder the government’s efforts to manage these challenges effectively. CONTINUE READING

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Speaking in Abuja on Friday, Bagudu, who was represented by Dr. Sampson Ebimaro, the ministry’s Director of International Cooperation, pointed out the nation’s dwindling revenues and the resultant pressure on public resources.

“Government faces immense challenges, especially at present. We’re confronting a severe revenue shortfall. Frankly, there’s a shortage of funds across the country, and the government is just about managing to cover salary payments,” he said.

The recent statements made by Atiku Bagudu, the Minister of Budget and National Planning, regarding Nigeria’s financial situation, have ignited a firestorm of criticism from the public. The minister had expressed concerns over Nigeria’s financial health, mentioning that the country was struggling with a “revenue deficit” and barely managing to pay salaries.

The minister’s revelation comes after reports of hundreds of billions being expended on lawmakers in recent months, further fueling the outrage. CONTINUE READING

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On various social media platforms, Nigerians expressed their dismay and frustration. One Twitter user commented, “How can the minister say we are broke after the government has splurged hundreds of billions on lawmakers? Where are our priorities?”

Another user pointed out the evident disparities in government spending: “It’s shocking how they always find money for their personal agendas but suddenly go broke when it’s about the public.”

Some critics argue that such situations highlight the need for more transparency and accountability in the government’s fiscal policies. They insist that a clearer breakdown of government expenditure should be provided to the public to ensure trust.

Source: Bushradiogist