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Home NEWS 2023 supplementary budget not insensitive, will address economic challenges, FG replies Obi

2023 supplementary budget not insensitive, will address economic challenges, FG replies Obi

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In a statement, the minister admonished Obi to acquaint himself with details of the N2.17 trillion 2023 supplementary budget.

By Jeffrey Agbo

The Federal Government has said that 2023 supplementary budget is a bold and pragmatic response to address the current economic challenges in the country.

The government, through Minister of Information and National Orientation, Mohammed Idris, countered former presidential candidate, Peter Obi, who labelled the budget insensitive.

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President Bola Tinubu signed the 2023 supplementary budget into law on Wednesday.

In a statement by his Special Assistant on Media, Rabiu Ibrahim, on Thursday, the minister admonished Obi to acquaint himself with details of the N2.17 trillion 2023 supplementary budget.

He said the budget captured allocations for essential sectors including security; agriculture and food security, works and housing, wage increase for workers, student loan scheme, social safety nets, among others.

“All these aimed at strengthening the country’s economic foundation and improve the living conditions of Nigerians.

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Tinubu signs N2.17tr Supplementary Budget

“The broad provisions in the supplementary budget is a reflection of President Tinubu’s strong desire and eagerness to support the vital functions of government.

“These include addressing urgent security needs, and fast-track the country’s recovery process from the economic impact occasioned by the removal of fuel subsidy,” he said.

Idris urged the opposition parties to be informed and balanced in the exercise of their right to differing opinions and refrain from misrepresentation of facts for political gains.

He further told Obi that the supplementary budget was derived from active engagement and consultations with relevant stakeholders who ensured that the budgetary provisions aligned with the needs and expectations of Nigerians.

“In line with President Tinubu’s inclination to accountability and transparency in government expenditure, all items in the supplementary budget have been meticulously scrutinised to ensure efficient utilisation of public funds,” he said.

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