Budget Scandal

Can there be anything as embarrassing as symptomatic of our dysfunctionality as a country than the ability of our country to pass the budget?

The sectarian fighting, stuffing and now capital starvation creates a clear picture to all the world that our politicians and country machinery is not supportive of the people of the country or their companies.

Osinbajo is now reduced to sending a begging (and uninformative) letter to both legislative houses to grant approval for $1.5bn borrrowing.

In the opinion of Naira Insider, whilst the country is starved of investment capital, this request from Osinbajo should be refused.

Throwing money at the states for pet projects of Governors to stuff their pockets just worsens the problem and does not improve the lives of the people.



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