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Voodoonomics. If total revenue is: 2.83 trillion; and Recurrent (under Jonathan's) = 107% of revenue; and Recurrent (under Atiku's proposal) = 60% of revenue (47% less) WHERE will the almost 50% Recurrent budget cut/savings come from? Retrenchment? Cut of social services? Privatizations? Cut education? And where will the expected non-oil revenue (to pay for 100 % of recurrent as proposed by Atiku's 48 month projection) come from? Taxes? Asset sell off? Please be specific. |
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