The People’s Democratic Party (PDP) has described the N27.5 trillion budget for 2024 fiscal year, as a “huge disservice”, which if allowed to pass, will further asphyxiate Nigerians and plunge the country into more economic depression and hopelessness.

The PDP, in a statement on Wednesday, signed by its National Publicity Secretary, Hon. Debo Ologunagba, also describes the claim by President Tinubu that the budget is a “Budget of Renewed Hope” as conjured, unfounded and deceptive, adding that the budget is completely devoid of concrete mechanisms to revive the economy, create jobs, address the comatose manufacturing and productive sectors, human capital development deficiencies and depleting life expectancy of Nigerian citizens.

Calling on the National Assembly to disassemble and reject the 2024 budget, the party noted that “it is of grave concern that the government had “adopted a Naira to US Dollar exchange rate of N750 per US Dollar” for 2024.