Political analyst and a columnist for Businessday, David Hundeyin has described the Muhammadu Buhari administration 2019 budget as outrageously inadequate for the purpose of servicing 150 million+ people.
President Buhari had on the 19th of December 2018, presented to the National Assembly a total of $28.80 billion (N8.83 trillion) as the 2019 budget.
David said the amount budgeted by the government is woefully insufficient to provide for the things needed by the country.
The statement was made in an opinion article titled “Corruption is a meaningless word” published on Nigeria widely read Business Newspaper, Businessday on the 18th of April.
He said, “Thinking rationally, Nigeria’s $20 billion federal budget is outrageously inadequate for the purpose of servicing 150 million+ people, because it averages out at about $133 (N48,000) per head per annum, or about N133 ($.037) per head per day.
“Clearly N48,000 worth of law enforcement, public infrastructure, legal protection, healthcare, education and municipal services for an entire year is woefully insufficient to provide any of these things at an acceptable standard”.