The cost of governance in Nigeria has been a subject of concern to many Nigerians with a substantial portion of the 2024 budget allocated to recurrent expenditures, such as salaries, allowances, and administrative costs.
In the face of persistent economic challenges, there is a growing emphasis on the need for the Federal governments to align expenditures with the economic realities of this country.
This prompted Yesfm”s Oluwasemiloore to speak with some political elite who shared their views on the current spendings of the Federal government considering cost of living of many Nigerian.
The nation is currently grappling with economic challenges, including inflation, unemployment, and a widening fiscal deficit. These issues require immediate attention and a strategic reallocation of resources to stimulate economic growth.