Senate Leader Opeyemi Bamidele has revealed that Nigerians can expect to see the benefits of President Bola Tinubu’s economic initiatives starting next year.
In an interaction with the press in Ilesa, Osun state over the weekend, he acknowledged the hardships faced by Nigerians in light of the global economic crisis. He emphasized that President Tinubu is well-informed about the situation and is aware of the measures needed to enhance the well-being of Nigerians.
He mentioned that Nigeria’s economy is currently encountering tough times, but the President possesses a clear understanding of the actions required to steer it in the right direction.
‘The budget of year 2024 is going to be a budget of reality, that of a renewed hope and a budget that will help re-chat our course as a nation.’
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‘There is no doubting the fact that this is an unusual time in the life of our country, the entire global economy is in crisis and Nigeria is not an exception, but when the going gets tough, it is said that the tough gets going.’
‘Difficult as the times are, it is also a time that will show the ingenuity of leadership and we have a leader today, in the person of President Bola Tinubu, who I know has a scientific understanding of what is to be done and will do Nigeria proud and will bring to bear, his own intellectual acumen in ensuring that our issues are addressed so life could become more meaningful for Nigerians’.
Speaking about the prospects of the 2024 budget, the Senate leader conveyed that the proposal currently before the National Assembly signifies a departure from standard procedures.
‘From the midterm expenditure framework that was sent to the National Assembly, it is obvious to us that it is going to be an unusual budget, a greater percentage was committed to capital development projects unlike in the past when so much percentage was committed to consumables. So, definitely, it is not going to be the same story again’, he said.