By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Peter Obi Calls for Total Review of 2024 Budget Amid Concerns
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Peter Obi Calls for Total Review of 2024 Budget Amid Concerns

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: March 18, 2024
Share
2 Min Read
Peter Obi
Peter Obi
SHARE

Peter Obi, the presidential candidate for the Labour Party in the 2023 elections, has called for a comprehensive review of the 2024 budget, expressing deep concerns over the nation’s deteriorating security situation, widespread poverty, food insecurity, and crumbling infrastructure.

In a statement issued through X on Monday, Obi emphasized the urgency of addressing the current controversies surrounding the budget allocation and resource distribution.

“Having closely monitored the controversies surrounding the 2024 budget and examined some of its provisions and resource allocations, I respectfully appeal for a thorough review of the entire budget,” Obi stated.

He urged both the executive and legislative branches to take swift action, emphasizing the need for immediate budgetary adjustments to redirect resources to critical areas.

- Advertisement -

“The Executive and Legislative arms should promptly initiate a review of the budget, considering it is still in its early stages of implementation. This will enable urgent reallocation of resources to essential sectors,” Obi urged.

Highlighting key areas of concern, Obi stressed the necessity of allocating adequate funding to address pressing issues such as security, poverty alleviation, food security, and power supply.

“The nation’s resources must be appropriately allocated to crucial sectors such as security, poverty eradication, addressing food insecurity, and improving power supply, especially in these challenging times,” he emphasized.

Obi drew attention to Nigeria’s struggles with hunger, food insecurity, and inadequate power supply, noting the urgent need for intervention.

- Advertisement -

“We have regrettably become one of the most hunger-stricken nations globally, with soaring food prices making it increasingly difficult for Nigerians to afford basic necessities. Power supply remains woefully inadequate, plunging over 60% of the population into darkness,” Obi lamented.

He also highlighted the alarming rate of out-of-school children, urging concerted efforts to provide access to basic education and alleviate poverty.

“I urge our executive and legislative arms to acknowledge the numerous challenges facing our nation and prioritize the reallocation of resources to these critical areas. Now is the time for profound sacrifices,” Obi concluded.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:2024 BudgetPeter Obi
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article NIMC, NCC Collaborate to Enhance NIN-SIM Linkage Processes
Next Article Binance Court Orders Binance to Provide Data on Nigerian Traders to EFCC

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?