The Opposition Peoples Democratic Party, PDP has faulted the ‘Budget of Renewed Hope’ presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday, saying the N27.5trn budget estimates was designed to strangulate poor Nigerians.
The party, in a statement by its spokesman, Debo Ologunagba, alleged that the proposed budget by the All Progressives Congress (APC) administration was padded figures and duplicated items, urging the National Assembly to scrutinise the proposed budget.
At his maiden budget presentation before the National Assembly on Wednesday, the President said the proposed budget will ensure macro-economic stability, poverty reduction, greater access to social security, amongst others.
He highlighted priority areas such as security, local job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction, and social security.