Opposition leader, Mr. Peter Obi, has lamented the poor situation of education in the country, advising the federal government to stop what he has described as “financial indiscipline.”

Obi, expressed his concerns via his official X account on Monday saying government must place greater priority on national development.

According to him, “as the giant of Africa which we are, I remain concerned about our fiscal indiscipline as a nation. 

“Imagine the situation in our education sector where the global average of secondary school enrollment is above 80%, while in Nigeria it is 28%.”

The presidential candidate of the Labour Party in the 2023 election, further expressed sadness on the government’s budgetary priorities.

Obi stated, “our budget for the National Assembly Car Parks is N6 billion. The budget for the National Assembly Recreational Facilities is N4 billion. Approved for the Construction of Hostels in 12 tertiary Institutions is just N1 billion.

“It is time for us to stop this financial indiscipline and embrace financial discipline by prioritizing the allocation of resources to the critical areas of human and national development.

“In December 2023, the House of Representatives approved a total of N28.78 trillion in expenditure for the 2024 fiscal year.

“This was N1.2 trillion more than the N27.5 trillion budgetary proposal presented to the joint session of the Senate and House of Representatives by President Bola Tinubu on November 30, 2023.

“A breakdown of the approved sum showed that a total of N1.74 trillion is for statutory transfers, N8.27 trillion for debt service, N8.78 trillion for recurrent (non-debt) expenditure, and N10 trillion is for capital expenditure for the year ending December 31, 2024.”

Obi wondered how the country could çome out of its debt profile on such profligate pattern, not to talk of growth, and called for sanity in the management of the nation’s resources.