Politics
Breaking: Okechukwu Warns Against Extracting N521bn From Enugu’s Resources In Budget Implementation
A founding member of the All Progressives Congress (APC) and a native of Enugu State, Mr. Osita Okechukwu, cautioned Governor Barr Peter Mba on Sunday, urging him to be cautious about extracting water from a stone. Okechukwu, noting the economic hardships faced by the people, emphasized the inhumanity of subjecting them to excessive taxation….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

He reminded the governor that the people of Enugu State, like many impoverished Nigerians, have long endured economic challenges, with soaring costs of food, transportation, medication, and various other necessities. Okechukwu argued against further disruption, stating, “One personally admires the zeal, passion, and ambition of His Excellency, Peter Mba, to budget over five hundred billion Naira for the 2024 fiscal year.”
However, he cautioned the governor about the risks of squeezing half a trillion Naira from a population facing significant poverty. Okechukwu expressed concern about the governor’s emphasis on maximizing internally generated revenue, especially from impoverished citizens, and suggested relying on the Federation Account Allocation Committee’s monthly revenue as seed money. He advised transparent utilization of these funds and emphasized the need for collaboration with the federal government, private sector colleagues, and investment in critical areas like power plants to stimulate economic growth. Okechukwu addressed concerns about climate change, pointing out the existence of air pollution control devices for emissions from coal-fired power plants. He highlighted the hypocrisy of developed countries with multiple coal-fired power plants. Governor Mbah recently presented a N521.5 billion budget for the 2024 fiscal year to the Enugu State House of Assembly.
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