The Presidential Candidate of the
Social Democratic Party (SDP), has reacted to presentation and details of the
2019 budget by President Muhammadu Buhari on Wednesday at the National Assembly
Buhari had on Wednesday presented
a proposed N8.83trn fiscal 2019 budget to a joint session of the National
Assembly.
In the budget, oil prices was
estimated at $60 per barrel while production was 2.3m per day.
“The 2019 Budget proposal is
based on the following assumptions:Oil price benchmark of $60 per barrel;
b. Oil production estimate of 2.3
million barrels per day, including condensates;
c. Exchange rate of N305/$;
d. Real GDP growth of 3.01
percent; and
e. Inflation Rate of 9.98
percent.
“With regard to oil production, I
have directed the NPPC to take all possible measures to achieve the targeted
oil production of 2.3 million barrels per day,” Buhari said.
But, reacting, Duke took to his
Twitter page criticising the proposed oil price and production by President
Buhari.
The former Governor of Cross
River state noted that the forecast of oil price and production by the
President shows his government is not taking Nigerians forward.
He also condemned President
Buhari for presenting 2019 budget in December.
Duke wrote: “Submitting a budget
in December for 2019, assuming an oil price of $60 when current prices are mid
$50’s, forecasting oil production at 2.3m a day when this years average is 1.9m
tells us these folk in government are taking us nowhere.”
Tell them o and they still want to vote for this man again that is being controlled by 2 people..
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