 Some reactions have trailed the presentation of the 2024 budget by President Bola Tinugu to the joint session of the National Assembly. Some stakeholders say they are determined to double down on the attainment of the success The president was able to capture very copiously the issue of national security, human capacity development, particularly the youths, the teaming youths, young men and women. I think the budget will act as a stimulus package to address the current poverty line that Nigeria has fallen into and once again recover our economy and effect lies it for even growth. Be fresh loans, partly because some loans are maturing and they will be refinanced and as always you are not going to finance 27.5 trillion all with revenue so there will be continued reliance on loans but less so. The important thing is that the size of the deficit, the size of the budget that is being relied on from borrowing is down. In line with our constitutional mandate the National Assembly is going to scrutinize the budget and we hope that we will be able to pass it in the next few weeks. Some important points for you to note is that it came in good enough time for us to be able to carry out the necessary scrutiny ahead of it being passed before December 31st because Mr President has said and we agree that we should align it the financial year from January to December. We are going to have a budget that is effective before January 1st. About 45% debt servicing, that is not bad except that we are borrowing more. Remember last year debt to GDP was about 6%. Now debt to GDP is about 3% and we have a deficit financing of about 8.7 trillion and that means that we are going to fund that from excellent borrowing. It is a fairly interesting budget and it is on infrastructure development. There are 11,886 Abaddon Ferragome mega projects in Nigeria. Is that not worrisome? If you can complete about three or four of them like at Jakuta, then you return your earning and that will reduce the pressure on the foreign exchange and that will be very nice. It shows that for the first time we are having a paradigm shift of what we used to have in the past to what is new and we want to believe that this is a trend that will continue into a foreseeable future for the next four years so that Nigeria can witness for the first time a government who has lessons is borrowing and also taking up its capital expenditure. I believe it is a right step in the right direction.