Politics
Budget Review Shows Buhari Is Proactive – Supporters
Review of the 2020 Budget and the setting up of a committee to assess the consequential impacts of the pandemic on the economy show President Muhammadu Buhari as a proactive leader, a man on his toes and a President on top of his game.
According to the Buhari Media Organisation (BMO), President Buhari ordered a review of the country’s Budget 2020, to reflect current realities in the oil sector and to respond to emerging threats posed by the Covid-19.
In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO said President Muhammadu Buhari’s dictum on the review of 2020 Budget is an astute response to the economic and health challenges that we are faced with at this point in time.
The group noted that the pandemic has caused economic disparity and inequality that constituted an imminent threat to our country’s economy, hence the need for government to address these threats by introducing stimulus packages for businesses affected by the covid-19 pandemic. There are also Central Bank of Nigeria’s (CBN) palliatives measures as well as public and economic welfare policies for the vulnerable sections of the society
“A nation decimated by the disease cannot have a functioning economy, but with this budget review, we are certain of a predictable and stable economy, going forward”, the statement concluded.
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