BEARS & BULLS
BEARS: Wike Finds Food In VP
The Minister of the FCT, Nysom Wike plans to spend N15 billion for the construction of a befitting residence” for the vice president as contained in the 2023 supplementary budget. The same project which had the initial budget of N5billion before Wike took office had gulped N7billion with no structure no show for it. It means that on completion the building would have cost a total of N22billion, in a distressed economy with over 130 million people living in poverty. Surprisingly, coming from a government posturing as a prosperity maker. The Bears takes an exception to this and joins SERAP to call the Senate to halt that move.