Expert speaks on 2023 proposed budget


Experts have condemned the increasing debt profile of the country adding that something needs to be done urgently to arrest the situation.

Speaking on tv360 flagship programme, Deji360, Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf lamented that the country’s debt situation is extremely alarming.

Speaking further, Yusuf urged the government to tackle the situation from both expenditure and revenue side adding that there is no point creating a subsidy regime in the proposed 2023 budget assumptions.

He also admonished the government to consider cutting down on the cost of governance in the country, saying the cost of governance in Nigeria is unnecessarily expensive’

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