Connect with us

News

BREAKING !!!: 2020 Budget Is A Budget Of Bankruptcy ― Odilim Enwegbara, Economist

Published

on

Mr Odilim Enwegbara , Eonomist and public affairs commentator, has described the 2020 Appropriation Bill as “a budget of bankruptcy”.
Reacting to the Bill presented to a joint session of the National Assembly on Tuesday, Enwegbara wondered if Nigeria had not “come to the point of agreeing that this business of federal government running Nigeria’s economy should be finally brought to an end?

ALSO READ
BREAKING !!!: INEC - Why We Allowed Underage Candidates In 2019 Elections



“For how long do we have to have such a prodigious federal government, a government that can’t stop its borrowing spree?


“For how long should we allow this government to continue to borrow its oversized consumption, where less than two million government workers have directly and indirectly be responsible for 90% of the country’s annual spending?


“For how long should the federal government has to decide where and why road or water etc. should be constructed in Nigeria?”

According to him, debt service to revenue ratio is currently approaching 80% with domestic debt approaching 70% of the country’s overall debt stock.

ALSO READ
LORD !!!: Security Guard And Teenagers In Court For Stealing N2.7Million From A Church’s Offering Box

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




News4 days ago

BREAKING – (video): Bridesmaid falls flat while dancing at sister’s wedding ceremony

Entertainment4 days ago

UPDATE – #BBNAIJA: ‘Please leave my man alone ‘ girlfriend of Nina Ivy’s new boyfriend says (photo/video)

News4 days ago

(video) – WOW : Governor Ben Ayade who is now a student of UNICAL, seen leaving school in a 20-SUV convoy

News6 days ago

LORD !!!: (Video) – Nigerian father doing the soapy dance with full energy

Entertainment1 week ago

LORD !!!: (VIDEO) SEE What 2019 HOT Mercy said will happen to those men sending her messages

Entertainment1 week ago

BREAKING – VIDEO: I Met Regina Daniels and Married Her Within 3 Weeks Because She Loves Me – Ned Nwoko

Entertainment1 week ago

LORD !!!: (video) – Pastor Emeka Odumejeje joins dancers to choreograph to Peter Okoye’s One More night in church

News1 week ago

BREAKING !!!: » ‘How The First Lady, Aisha, Attacked Us In Aso Rock’ – Mamman Daura’s Daughter Says

Entertainment1 week ago

LORD !!!: 2 Ladies ladies fight over a man at a mall

Entertainment1 week ago

(Video) – Anambra church where money is being sprayed on the altar

Hot Gists2 weeks ago

UPDATE !!!: First Photos of Buhari’s new wife’s on her wedding day +Plus wedding I.V

Hot Gists2 weeks ago

BREAKING !!!: (Video) – Aisha Buhari prevented from entering the Aso Villa

Entertainment2 weeks ago

BREAKING !!!; [VIDEO] BBNaija – Mercy reveals what Biggie secretly told her after fight with Tacha

Entertainment2 weeks ago

(Video) – BBNaija: Tacha gets new iPhone 11

Uncategorised2 weeks ago

(Video) – Bobrisky Says : “My mom used to have many boyfriends and she encouraged me to be a girl before she died”




Trending