Peter Obi, the Labour Party’s candidate in the 2023 Presidential Election, is calling for transparency and accountability following the increase of the 2025 budget to N54 trillion. President Bola Tinubu raised the budget from N49.7 trillion to N54.2 trillion due to reported revenue growth.
Obi emphasized that the government should provide a detailed breakdown of expenditures to justify the increase. He believes that transparency is crucial to ensure that public resources are allocated judiciously towards critical areas such as:
- Education: Improving the country’s education system
- Healthcare: Enhancing healthcare services and infrastructure
- Security: Strengthening national security and addressing insecurity challenges
- Poverty Alleviation: Implementing initiatives to reduce poverty and promote economic growth
Obi also urged the National Assembly to obtain and make public the full details of the 2024 budget of Renewed Hope. He stressed that transparency is essential for ensuring accountability, learning from past budgets, and making informed decisions for the nation’s progress.
Source: Nairametrics
