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May 15, 2020 Atiku Faults FG’s Spending Plan Despite Economic Situation

Former Vice-President, ATIKU ABUBAKAR, has renewed call on the federal government to reduce spending on some items within the executive as a way of mitigating the burden of the current realities on the country.

He also faulted the latest review of the 2020 budget by the Federal Government, saying it shows that the administration has lost touch with current global economic realities.

Rather than reviewing the budget, ATIKU advised the BUAHRI-led government to sell eight or nine of the presidential jets and cancel the N27bn earmarked for the renovation of the National Assembly complex.

ATIKU in a statement in Abuja, also expressed disappointment that despite the crash of oil prices in the international market and the nation’s inability to expand its revenue base, government only slashed the budget by a “mere 0.6 per cent.”

The former Vice President explained that significant cuts in funds budgeted for presidential feeding and transport will go a long way in ensuring that Nigerians get a better deal.

However, the Deputy Spokesman of the ruling APC, YEKINI NABENA described the statement from ATIKU as political.

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