The National Association of Seadogs, Pyrates Confraternity, has chastised the National Assembly for approving the Federal Government’s 2023 national budget, which it describes as anti-people.Information Guide Nigeria
According to a statement by the NAS Capoon, Mr. Abiola Owoaje, titled ‘Troubling Trends in the 2023 Budget,’ the National Assembly, led by Senate President, Ahmed Lawan, should be on the side of the people and was reckless in approving a budget with a deficit of over N10.78 trillion.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaIt also warned that Nigeria’s massive budget deficit could push the country deeper into debt, causing further economic distortions in an already fragile economy.
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As a result, Owoaje has called for a budget review to reflect the people’s current realities.
He said rather than the National Assembly playing “its part as an institution that should be on the side of the people, play oversight functions to checkmate the executive, it has joined in the binge spending and reckless financial jamboree of the executive branch.JAMB portal
“It has therefore urged the Federal Government to cut wastage, especially those allocated to fund the extravagance of political office holders and intensify the war against oil theft to get more revenue to fund the budget.
“In addition to this, the Senate should shake off its self-serving posture and work for Nigerians by ensuring all revenue generating Ministries, Departments and Agencies remit what is due to government coffers. We urge the President of the Senate, Senator Ahmad Lawan to walk the talk over the threat to turn the heat on revenue-generating agencies for adequate revenue to fund the implementation of the 2023 budget.
The Pyrates Confraternity also urged the President, Major General Muhammadu Buhari (retd. ), to encourage Small and Medium Enterprises with favourable policies, adding that power supply in the country should be monitored as it has consistently crippled productive activities and discouraged investment.
In addition to lamenting the insecurity ravaging various parts of the country, the seadogs claimed Buhari was solely responsible for saving the economy.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada“If need be, the President should issue executive orders to encourage the establishment of Small and Medium Enterprises (SMEs), and promote export policy and job creation.
“Nigeria’s economic turmoil cannot end without the Federal Government resolving the power supply issue in Nigeria. The absence of regular and adequate electricity has crippled productive activities and discouraged investment. This ugly drift should be redressed. It is incumbent on the Federal Government to speed up its investment and needed reforms in the power sector to improve power supply which is critical to industrialisation and opening up of the economy for more investments.
“More importantly, the Federal Government must move beyond its current impulse to fight insecurity. The devastating effect of insecurity on farming, commerce, and other economic activities is overwhelming. Nigeria’s economic downturn cannot be reversed if terrorists, bandits, and kidnappers continue their orgy of unrestrained violence across the country.
“The ball is in the court of President Buhari as a sense of responsibility to save the Nigerian economy from imploding thereby saving Nigeria from an impending disaster,” the statement concluded.JAMB Result
