Why Buhari lacks capacity to implement 2018 budget

The Peoples Democratic Party has said President Muhammadu Buhari’s submission that the 2018 budget, will be difficult to implement “is a clear admission that he lacks the capacity and competence to run a development-oriented economy as desired by Nigerians.”

The party, in a statement signed by its National Publicity Secretary, Mr. Kola Ologbondiyan, in Abuja on Wednesday said the President’s action was an indication that “the economy is in very bad hands.”

He said, “President Buhari, in picking holes on items that would directly impact on economic productivity, infrastructural advancement, rural development as well as those that would provide urgent palliatives to the plight of Nigerians, shows his aversion to developmental economy as well as insensitivity to the welfare of our citizens.

“In fact, President Buhari, in his comments on the budget has further de-marketed our economy before international investors, thereby worsening our woes as a nation.

“How on earth can a President, if indeed he loves the people, quarrel over budgetary items seeking to cushion the biting effect of the economic recession, particularly for the poor, who are the direct victims of the harsh policies of his incompetent administration?

“Furthermore, President Buhari’s resort to blaming the National Assembly for his inability to exert himself as a leader and ensure smooth implementation of the budget, further shows that he cares little about the actual needs of the people, having holed himself up in the comfort, security and pleasures of the Presidential Villa.”

Ologbodiyan urged the National Assembly to ensure strict implementation of the 2018 budget.

President Buhari had on Wednesday lamented that the 2018 Appropriation Bill which he signed into law would be difficult, if not impossible, to implement because of the alterations members of the National Assembly effected on the document he submitted to them on November 7, 2017.

PUNCH.

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