The Labour Party presidential candidate in the 2023 elections, Peter Obi, has described as shocking and disheartening the N15 billion allocation for the construction of the residence of the Vice-President.
In a series of tweets on his X handle, said it was wrong for that amount to be thus allocated given the level of poverty in the country.
Peter Obi wrote: “Even as I am still studying the 2024 fiscal budget as presented to the National Assembly last week, I cannot wait as I am compelled to ask : what is exactly wrong with us as a country?
“I ask this question because it is hard for me to understand some of the recent happenings in our nation, in these critical times. The recent news about a budget provision of N15 billion for the construction of a new residence for the Vice President is both shocking and disheartening, considering the many important challenges facing our nation. Just recently in the Supplementary Budget, the sum of N2.5 billion was included for the renovation of the Vice President’s residence in Abuja, which means that he already has a residence.
“Again, during the budget presentation, I heard the sum of N3 billion was allocated for the renovation of the Vice President’s residence in Lagos. If we total all these sums, we would have budgeted the sum of N20.5 billion for the housing of the Vice President at this critical time when we are not just the world’s poverty capital, but more people are falling into poverty, with so many Nigerians not knowing where their next meal will come from. Our health facilities have collapsed, and unemployment is skyrocketing.
“I am convinced that 99.9 per cent of Nigerians can only dream of living in the current residence of the Vice President. Several people employed in the universities are not being paid. Just to give an example, the salary of a professor in a Nigerian university is about N400,000, which without removing tax is about N5 million a year. What we have budgeted for the housing of the Vice President who is already luxuriously housed is, therefore, the annual salary of about 3000 professors! This is the finance needed to develop the much-needed human capital”.
Nat. Standard3 months ago
Minister, Idris, challenges Senate to review outdated laws to improve performance in the information sector
Education2 months ago
Hours after suspending accreditation of degree certificates from Benin Republic, Togo, FG set to extend sanction to Uganda, Kenya, others
Sports2 months ago
Ayanwale emerge winner of Seyi Tinubu Table Tennis Challenge as Ogunlende, Bolowotan task youths on sports involvement
NCC4 weeks ago
Telecom Indicators: Nigeria sees steady increase in active voice and internet subscriptions, drop in teledensity
Aviation3 months ago
UAE grants Air Peace direct flight approval to Dubai
Agribusiness1 month ago
Borno government tasks media on sustaining public interest, core values
Aviation4 weeks ago
NCAA cautions pilots, airlines as NiMet alerts Nigerians of dust haze
Aviation2 months ago
Aviation agencies: Tinubu sends more directors packing