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President Bola Ahmed Tinubu recently proposed to the National Assembly a N2.18 trillion supplementary budget – the details of which have generated much interest in the public domain, especially those aspects of the supplementary budget relating to expenditures not considered of urgent importance but now reintroduced into the existing framework.
The current controversy about the Tinubu administration’s request for a N2.18 trillion supplementary budget must be seen in this light. The Communication process has been bad. The management of the aftermath has been negligent. The details go beyond what is in the public domain.
It is therefore important to listen carefully to what the people of Nigeria are saying. They seem to be saying that it is wrong for President Tinubu to tell them during the campaigns that brought him into office that he will reduce Nigeria’s debt stock, and would focus more on productivity, to now come around and announce that borrowing is not a crime. Nobody has ever said that borrowing is a crime.
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