ROBUST OPTIMISM: FORMER HOUSE OF Representatives MEMBER ENDORSES NIGERIA'S 2024 BUDGET FOR ECONOMIC REVITALIZATION

Former House of Representatives member, Robinson Uwak, has expressed his confidence in the Federal Government’s N27.5 trillion 2024 Appropriation Bill, stating that it will play a crucial role in revitalizing Nigeria’s economy.

Former House of Representatives member, Robinson Uwak, has expressed his confidence in the Federal Government’s N27.5 trillion 2024 Appropriation Bill, stating that it will play a crucial role in revitalizing Nigeria’s economy. In a statement released on Sunday, Uwak emphasized that the budget, named ‘A Budget of Renewed Hope’, places significant emphasis on security, economy, education, and poverty alleviation, with the potential to bring about a positive impact on the lives of Nigerians.

 

Uwak highlighted his belief that the budget's focus on key areas will lead to a robust economic rebound. He further elaborated on the potential impact of the budget, particularly noting that increased expenditure in security and defense would enable more farmers to resume their activities, thereby contributing to food production. Additionally, he emphasized that the budget's emphasis on human capital expenditure would strengthen other areas of national development.

 

According to Uwak, the unprecedented figures in the budget are poised to create activities that will generate employment opportunities for Nigerians. He expressed his belief that the effective implementation of the budget will ensure value for money, measurable growth, and an overall improvement in the wellbeing of Nigerians. Furthermore, he stated that the budget would stimulate more activities in infrastructure and the economy.

 

Uwak also commended the National Assembly for their swift attention to the budget, noting, "After the budget presentation, we saw the expeditious action by the National Assembly to pass it through the second reading, thus providing hope of an early passage and implementation."


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