Nigerian newspaper review for Wednesday, October 9: Why Buhari’s N10.33trn budget drew knocks, kudos
The Nigerian newspaper headlines for Wednesday, October 9, leads with reactions that followed President Muhammadu Buhari's budget presentation before the National Assembly among other top stories.
Source: Original
Nigerian newspaper This Day reports that representatives of the organised private sector yesterday expressed optimism that the early presentation of the 2020 Appropriation Bill by President Muhammadu Buhari would pave the way for its early passage and subsequently ensure an improved implementation of the budget.
Reacting to the presentation of the fiscal bill to the National Assembly, they said in separate interviews that the event signified the return to the January-December budget cycle, which could give enough time for budget implementation and make it more conducive for other stakeholders in the economy to plan their activities.
Source: UGC
Nigerian newspaper The Guardian reports that some analysts reviewed President Muhammadu Buhari’s N10.33 trillion 2020 budget proposal, warning that the nation risks bankruptcy unless it curbs its penchant for borrowing.
Buhari had presented the document to a crowded joint session of the National Assembly saying: “The sum of N8.155 trillion is estimated as the total federal government revenue in 2020 and comprises oil revenue N2.64 trillion, non-oil tax revenues of N1.81 trillion and other revenues of N3.7 trillion.”
Source: UGC
Nigerian newspaper Vanguard on its part reports the Nigeria Police Force on Tuesday, October 8, commenced a 4-Day capacity building workshop for police public relations officers to strategise on how to rebrand the public perception of the police.
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