FinanceNews

Buhari Budgets Over N5.01 trillion to Service Stolen Funds

Buhari Budgets Over N5.01 trillion to Service Stolen Funds

The President of Nigeria, Muhammadu Buhari has budgeted the sum of over N5.1 trillion service stolen funds.

This was disclosed by the Member representing Kazaure/Roni/Gwiwa/Yankwashi Federal Constituency in the House of Representatives, Hon. Mohammed Gudaji Kazaure while speaking to journalists on the sidelines of the 2022’s N16.4 trillion budget presentation by the president. Jamb Results

In a report filed by DAILY POST, Hon. Mohammed Gudaji Kazaure lamented that the fight against corruption has been lowered adding that those who stole funds have escaped leaving the debt for the country to pay at the expense of commoners.

DAILY POST reports that Hon. Mohammed Gudaji Kazaure revealed that the so-called debts of the nation are the funds stolen. Information Guide Nigeria

Hon. Mohammed Gudaji Kazaure said, “But, most embarrassing is debt servicing which was reflected in the 2022 budget. We are servicing debt of monies stolen. Nigeria citizens never enjoyed the money which we are paying as debts.

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“The money that was supposed to be invested in education, railways, health, security, and other critical infrastructure would be used to service debts in 2022. The debt that are in individual’s pockets.

“Go round the country, and see the type of buildings some privileged persons and government officials are living and they said, they’re fighting corruption. Go to Maitama in Abuja, Lagos, Port Harcourt, you will see people living in mansions and they are government officials.

“Did they acquire mansions with their salaries and we said we are fighting corruption? If we are really fighting corruption, we will not borrow money. It’s embarrassing”.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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