In a shocking statement, the former governor of the Central Bank of Nigeria (CBN) has revelaed that the 2016 budget presented by President Muhammadu Buhari was the same as the one presented by immediate past president, Goodluck Jonathan.
Ex-CBN governor, Charles Soludo
He said this while speaking at the 13th Daily Trust Dialogue in Abuja on Thursday.
“The present budget is more of the same to the previous ones. Mr. Vice President [Prof. Yemi Osinbajo], If you scale your budget on the scale of GDP, it is almost the same with the previous government.
“It has a historic 37% deficit as we never had it before. The truth is that you are borrowing 37% with only 30 per cent on capital project,” Prof. Soludo stressed.
Meanwhile, chairman, senate committee on media and public affairs,
Senator Aliyu Sabi Abdullahi has said that no statement made by any
Senator during the plenary today can be interpreted to mean an admission that the 2016 budget is missing.
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