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Hello, and welcome to my podcast
The Way I see it on here.

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I talk money, the economy,
finance, and you know it's usually around

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Nigeria, but you know, sometimes
it's stray. This week, the President

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of Nigeria, Bala Metinobu, submitted
the twenty twenty four budget to the Joint

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Houses of Assembly for their consideration to
pass the appropriation bill into law. That's

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usual the practice. The President will
go himself with some boxes, put it

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in front of them, give a
speech and then the National Assembly then,

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you know, does the other side
causing ministers the questioning. Then it's passed

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and that's it. It's a budget
or something usually happen. So every year,

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you know, I go on a
line and I look for the budget,

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the line by line, see what's
going on, the assumptions, you

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know, to get a sense of
the direction of the government and all that.

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This year was slightly different. I
did go to the Budget Office of

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the Federation of the website that this
is the office that produces the budgets,

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right, I couldn't find a line
by line budget that was submitted. I

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don't know what was there was sexually
the presentation of part or apprentiship by the

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minister. Also the budget speech by
the President and the medium Term Expenditure Framework

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document that had already been passed a
while back, but no line by line

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for instance. I mean, I
don't know how much University of say Nigeria

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will get in twenty twenty four or
the Minista of Agriculture will get in twenty

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twenty four. That is what you
see in the line by line right,

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some a bit of a loss as
what the National Assembly is then going to,

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you know, perform oversight over I
heard the speaker or the Sena President

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tell the President that he wanted the
ministers to stay around, they shouldn't travel,

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so they could have a speedy passage
just like the passes suppuntry budget.

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But as it says, as it
stands, there is no line by line

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budget. This has drawn many contrastis
online as you want to imagine, everyone

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is saying it wasn't there. The
President was not already I've had some city

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in the prison, something an empty
box. Some have said no, he

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brought in a flash drive. So
the praise on the flash drive and all

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that. So although stistruction is right, I mean, i's a flash drive

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that mess it digital. That means
it can be uploaded right. The point

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is the budget of the largest economy
in Africa should not be in a debate.

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We should have it and we should
review it as taxpayers and see the

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intent of government. Just also as
the businesses in Nigeria want to see where

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the government it's going in terms of
policy so they can take business decisions on

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their own. So it's very important
to help the budget out there. It

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gives clarity, it gives direction,
you know, it sort of aids planning

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of the private sector as a whole. The biggest controversy that I'd like to

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address is that there is somehow this
bubbling up allegation that the government does not

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want to lease a line by aligned
budget because they lease a submentary budget and

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they were taken to task over the
purduse of yachts and someone expendi item like

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pusuers of cars or the first lead
that people frown upon it in the age

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of austerity. That might be understandable
bodiling or option for this government. You

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cannot have an opaque financial should we
say, report to the people, the

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people who got to the budget.
And I think there is no chance that

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there should be an unfortunate integration in
public accountability. I believe myself that perhaps

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the officer in chat the budget is
away, maybe in Dubai on a holiday,

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and as soon as it gets back, it's going to upload the budget

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and then we can take a deeper
look at it. It would be unsettling

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if that was the case, that
where the budget was been hidden from view.

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So I hold on to that optimistic
stance that the gentleman in charge of

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the bullets is just on holiday and
once it gets back, we can then

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have a deeper point to point review
of the budget. I'm looking at already.

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I have the assumptions. Those we
are uploaded and I'm looking at the

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assumptions and I think the next podcast
will do will take an in depth look

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at the assumptions of Nigeria twenty twenty
four budgets. So until then, let

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you guys go, don't forget to
get my book. It's titled Let's Talk

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About Your Money. It's available on
Amazon. And also if a Nigeria is

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going to be available at the Robin
Heights bookstore, do get one. I

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think you'll find it very useful to
have lots of pages talked about everything revest

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into the crypto, to budget into
insurance. Really, everything you can think

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about real estate and still planning is
soul in their rights. So get it

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until we'll bless you. And don't
know guys. I'll let you guys go.

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I'll see you next time when we
come back to talk about the assumptions

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in the podject. How about one, guys, my name is Caluajer and by