Tuesday, April 20, 2021

2017 Budget not reflecting diversification agenda, says Sen. Wammako

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Jaafar Jaafarhttps://dailynigerian.com/
Jaafar Jaafar is a graduate of Mass Communication from Bayero University, Kano. He was a reporter at Daily Trust, an assistant editor at Premium Times and now the editor-in-chief of Daily Nigerian.
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A senator representing Sokoto North, Aliyu Wammako, has faulted the 2017 Budget, saying the budget does not reflect the diversification agenda of the present administration.

Mr Wammako told journalists on Tuesday in Abuja that allocations to non-oil sector should have been given a priority in order to revitalise the nation’s economy and drastically reduce over-reliance on oil.

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“The much-talked diversification policy of the present administration is not reflected in the 2017 Budget. The provisions for agriculture, solid minerals and tourism development are so meagre to make any reasonable impact,” the senator said.

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According to him, allocations to agriculture, solid minerals and tourism sectors should have taken large chunk of the budget so that the economy may not only be diversified but also create job opportunities for the teeming youths.

“There are some countries that depend mainly on agriculture, while there are others that depend on tourism. Nigeria is endowed with both, in addition to oil. Why don’t we diversify and harness these potentials?,” he asked.

The senator said the only area one can commend the 2017 Budget is absence of “padding controversy” that characterised last year’s budget.

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