News

Buhari doing same thing Jonathan did in 2015 – Ben Bruce reveals main problem with 2019 budget

Ben Murray-Bruce, the Senator representing Bayelsa East district has cited a major problem with 2019 budget presented to National Assembly on Thursday by President Muhammadu Buhari.

Bruce in a series of tweets on Saturday, said the amount proposed for servicing debts borrowed by the Buhari’s government in three years was a serious problem to the 2019 fiscal budget.

The Bayelsa lawmaker wrote: “The main issue with the 2019 budget is that Nigeria has borrowed so much money these last 3 years that we now spend more on servicing our debts (that is paying interests, not paying off the debts) than we do on infrastructure. And twice paying salaries what we spend on projects.”

Bruce further condemned Buhari for having more recurrent expenditure in 2019 budget despite his criticisms at ex-president Goodluck Jonathan of making high expenditures in 2015.

According to him, “President Buhari criticised Goodluck Jonathan for having a high recurrent expenditure, but it is so funny that in his latest budget, recurrent expenditure has doubled from what it was in 2015. My advice to the President is this-make your words sweet, just in case you have to eat them.”

FacebookFacebookTwitterTwitterWhatsAppWhatsAppEmailEmailShareShare
AddThis Website Tools
OAdmiN

Recent Posts

Trump Ends Legal Status for Over 500,000 Immigrants, Orders Mass Expulsions

The United States has announced the termination of legal status for over 500,000 immigrants, ordering…

14 hours ago

Trump’s Foreign Aid Cuts Push 80,000 Nigerian Children to Brink of Starvation – UNICEF

Tens of thousands of malnourished Nigerian children face a dire future as lifesaving food supplies…

14 hours ago

FAAC Shares N1.7 tn Revenue to Federal, State, Lgs in February 2025

The Federal Account Allocation Committee (FAAC) has distributed a total revenue of N1.678 trillion among…

16 hours ago

EFCC Re-Arrests Crypto Fraud Kingpin, Friday Audu, Outside Court Premises

The Economic and Financial Crimes Commission (EFCC) has rearrested Friday Audu, the alleged mastermind of…

2 days ago

2027 Presidency: Obi Yet to Declare Intentions as Loyalists Engage SDP

With Nigeria’s 2027 presidential election drawing closer, fresh political alignments are taking shape, with various…

2 days ago

Rivers Sole Administrator Announces Release of Withheld Allocations

... Assures Prompt Salary Payment   The Sole Administrator of Rivers State, Ibok-Ete Ibas, has…

3 days ago