The Leader of the Senate, Opeyemi Bamidele, has shared a positive outlook for Nigerians, expressing confidence that the 2024 budget will usher in a better quality of life for the citizens.
Speaking to reporters in Ilesa, Osun State over the past weekend, he acknowledged the current challenges faced by Nigerians amid the ongoing global economic crisis. However, he emphasized that President Bola Tinubu’s economic policies are poised to yield positive results starting from the upcoming year.
While recognizing that the nation’s economy is enduring a challenging phase, Senator Bamidele underscored President Tinubu’s understanding of the situation and his determination to implement the necessary measures to enhance the well-being of Nigerians.
In his remarks, Senator Bamidele assured the public that President Tinubu is well-informed about the economic challenges faced by the country and is prepared to steer Nigeria out of these difficulties.
The 2024 budget is expected to play a crucial role in setting the nation on a path to economic recovery and improvement.
The assurance from the Leader of the Senate is indicative of the government’s commitment to addressing the economic concerns of Nigerians and taking steps to alleviate the hardships caused by the global economic crisis.
“The budget of the year 2024 is going to be a budget of reality, that of a renewed hope and a budget that will help re-chat our course as a nation.
“There is no doubting the fact that this is an unusual time in the life of our country, the entire global economy is in crisis and Nigeria is not an exception, but when the going gets tough, it is said that the tough gets going.
“Difficult as the times are, it is also a time that will show the ingenuity of leadership and we have a leader today, in the person of President Bola Tinubu, who I know has a scientific understanding of what is to be done and will do Nigeria proud and will bring to bear, his own intellectual acumen in ensuring that our issues are addressed so life could become more meaningful for Nigerians”.
Speaking on the expectation of the 2024 budget, the leader of the Senate said the proposal before the National Assembly has shown that it would not be business as usual.
“From the midterm expenditure framework that was sent to the National Assembly, it is obvious to us that it is going to be an unusual budget, a greater percentage was committed to capital development projects unlike in the past when so much percentage was committed to consumables. So, definitely, it is not going to be the same story again”, he said.