Nigeria's 2024 Budget Allocation
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Peter Obi Calls for Urgent Review of Nigeria’s 2024 Budget Allocation: Prioritizing Development Over Frivolous Spending

Former Labour Party presidential candidate Peter Obi has called for a review of the 2024 budget, citing its far-reaching implications for Nigeria’s development and the well-being of its citizens.

Obi criticized the budget for allocating N15 billion solely for the National Assembly hospital, N15.3 billion for the National Assembly library project and procurement of books, and N10 billion for the Senate and House of Representatives’ car parks and the National Assembly Recreation Centre while allocating less to the Ministry of Science, Technology, and Innovation. Obi argued that these allocations reflect a lack of foresight and basic awareness of global trends and urgent national priorities.

Obi also highlighted the National Assembly Library budget, which is more than the combined budgets of top national universities’ libraries that desperately need libraries for research, teaching, and learning purposes.

He criticized the allocation of N10 billion for the Senate’s and House of Representatives’ car parks and the National Assembly Recreation Centre while allocating less to the Ministry of Science, Technology, and Innovation. Obi urged the nation to reassess its priorities, revisit the budget, eliminate frivolous expenditures, and channel resources properly for the benefit of the people.

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