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Senator Osita Ngwu Speaks on the 2024 Appropriation Bill and Economic Priorities

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2024 APPROPRIATION BILL DEBATE Senate Plenary On Thu 30 11 2023 33 Senator Osita Ngwu contributes to the debate on the 2024 Appropriation Bill, commending the administration for aligning the budget with key campaign promises on food security, poverty alleviation, job creation, and human capital development. He highlighted the importance of investment in irrigation infrastructure and capacity building as strategic tools for economic growth and national development. Senator Ngwu also raised concerns over oil production assumptions in the budget, urging urgent reforms in the petroleum sector and review of aspects of the Petroleum Industry Act to create a more investment-friendly environment capable of sustaining production targets and supporting national revenue projections.

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