FG Proposes N19.76trn Budget for 2023, Projects Deficit May Rise to N12.41trn Insists fuel subsidy ends June next year Assures it will not default on debt service Lawmakers accuse accountant general of inadequacies in MDAs’ revenue records Udora Orizu in Abuja The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed yesterday said the federal
government was proposing an aggregate expenditure of N19.76 trillion for the 2023 fiscal year. The minister who made this known at the 2023-2025 Medium
Term Expenditure Framework and Fiscal Strategy Paper (MTEF/ FSP) interaction with the House of Representatives Committee on Finance, however said she may
not be able to make provision for treasury funded capital projects in the 2023 fiscal year. Ahmed also said the budget deficit for the 2023 fiscal year may be
between N11.30 trillion and N12.41 trillion, depending on the choice that would be made by the federal government on the issue of fuel subsidy payment.
She stated that the federal government was projecting total revenue of N8.46 trillion, out of Continued on page 10
INEC: Politicians See Elections as War... Page 28 Tuesday 30 August, 2022 Vol 27. No 10003. Price: N250
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State Varsity Pro-chancellors Descend on ASUU over Osodeke’s Comment... Page 8
Atiku: I Will Ensure NNPCL is Fully Privatised, Run on NLNG Model Says national oil firm is corruption-ridden Insists Nigeria should not be handed over to inexperienced hands Promises to restore Nigeria's leadership role in Africa Emmanuel Addeh in Abuja The Peoples Democratic Party (PDP)
candidate in the 2023 presidential election, Alhaji Atiku Abubakar, has reiterated his promise to ensure the
full privatisation of the Nigerian National Petroleum Company Limited (NNPCL) if elected.
The former vice president who spoke with News Central, an online television station, explained that as
it is, although the Muhammadu Buhari administration has said it has commercialised the NNPCL,
all its shares are still being fully Continued on page 10
Ayu: PDP Not Built on Any Individual, No Person Can Destabilise It 2023 poll a referendum on APC, says Atiku Boasts he’s been tried, tested, receives Shekarau into party Wike: something will happen in PDP soon Ex-Kano governor writes INEC on new status, to withdraw senate ticket
Chuks Okocha in Abuja, Ibrahim Shuaibu in Kano and Blessing Ibunge in Port Harcourt In apparent reference to Rivers State Governor Nyesom Wike, National Chairman of Peoples Democratic Party (PDP), Dr. Iyorchia Ayu, yesterday, read the riot act to party members, saying PDP is not built on any individual, and no one can distract its leadership. Ayu gave the waning in Kano, when the party received former Kano State Governor and Senator for Kano Central Senatorial District, Malam Ibrahim Shekarau, who formally defected to PDP. The PDP presidential candidate, Atiku Abubakar, said at the occasion that the 2023 general election was a referendum on the the governing All Progressives Congress (APC). Atiku called on Nigerians to vote for him because he had been tried and tested, and, thus, possessed Continued on page 10
WELCOME BACK TO PDP...
L-R: Governor of Delta State and Peoples Democratic Party (PDP) Vice Presidential Candidate, Dr. Ifeanyi Okowa; Presidential Candidate, Alhaji Atiku Abubakar; former Kano State Governor and Senator Representing Kano Central District, Senator Ibrahim Shekarau; National Chairman, PDP, Mr. Iyorchia Ayu, and Chairman, PDP Board of Trustees, Walid Jibrin, during the official reception of Shekarau and other defectors from the New Nigeria Peoples Party to the PDP in Kano...yesterday