Former Deputy National Publicity Secretary of the All Progressives Congress, APC, Timi Frank, on Thursday, described the 2020 budget proposal President Muhammadu Buhari presented to the National Assembly as a “scam.”
Frank urged Nigerians to prepare for tough times ahead of 2020 budget circle.
In a statement he signed and forwarded to us, Frank said after a careful study of the content of the fiscal document, what the President submitted to the National Assembly showed that not only will Nigerians be heavily taxed, fuel subsidy will be completely removed while social investment programme will cease to exist.
The political activist said from all indications, the 2020 budget presented had nothing in stock for the common man.
Frank said Nigerians should observe that since the APC’s administration came in 2015, “national budgets have been increased annually but without concomitant positive effects on the lives of ordinary Nigerians.”
He charged the National Assembly under the leadership of Senator Ahmed Lawan and Femi Gbajabiamila to tell Nigerians the implementation level of the 2019 budget.
The activist insisted that the current National Assembly would “rubber-stamp the 2020 budget presented by Buhari without asking necessary questions expected of a functioning and independent arm of government.”
“After careful study, I have concluded that this 2020 budget is more or less a scam. It is not meant to rescue Nigerians from the current economic hardship that has sent more than 94 millions to below poverty line.
The post Why 2020 Budget Is A Scam – Ex-APC Chieftain appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.
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