Top Story

N3trn budget padding: Presidency denies allegation, slams Sen. Ningi

“Contrary to the strange view expressed by Senator Ningi, there was no way the Senate could have debated and passed a N25 trillion budget that was not presented to the National Assembly.

676

The Presidency has refuted claims that it added N3 trillion to the budget for 2024 after it was passed by the National Assembly.

This came after Senator Abdul Ningi of the People’s Democratic Party (PDP) made claims that the government was using a different budget from the one that was approved on January 1, 2024.

In an interview with the BBC Hausa Service, Ningi, acting on behalf of the Northern Senators’ Forum, said that President Bola Tinubu’s Federal Government was operating on a budget that was much larger than what the NASS had approved.

The parliamentarians’ claim that instead of the N28.7 trillion budget that is currently in effect, a N25 trillion budget was discussed and approved.

But the President’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, signed a statement in which the Presidency noted that Tinubu had first submitted a N27.5 trillion budget to the National Assembly on November 29, 2023.

Contrary to Ningi’s statements, he stated that the budget included N9.92 trillion for recurrent expenses, N8.25 trillion for debt payment, and N8.7 trillion for capital expenditures.

The Senate’s debate and eventual passage of a $25 trillion budget that was never proposed was deemed impossible, according to the President.

“Contrary to the strange view expressed by Senator Ningi, there was no way the Senate could have debated and passed a N25 trillion budget that was not presented to the National Assembly.

“We don’t expect a ranking senator not to pay due attention to details before making wild claims.

“It is also important to let Nigerians know that the budget that President Tinubu signed into law on January 1, 2024, as passed by the National Assembly, was N28.7 trillion,” the presidency insisted in the statement obtained by Persecondnews on Sunday evening.

It argued that the National Assembly only exercised its appropriation powers and increased the executive’s proposed budget by N1.2tn to N28.7tn, which President Tinubu subsequently signed into law on New Year’s Day.

On Sen. Ningi’s assertion that the 2024 budget was anti-North, the Presidency dismissed it as “far-fetched” and “unbecoming” of a leader of his stature.

 

Leave a comment

Related Articles

Ibadan Children’s Carnival Turns Deadly: Multiple Fatalities and Injuries Reported

Tragedy struck in Ibadan, the Oyo State capital, as a devastating stampede...

Breaking: Pres. Tinubu Presents “Budget of Restoration of “N4.96trn for 2025, Allocating N4.9trn for Security

President Bola Tinubu has presented a proposed budget of N4.96 trillion for...

N4.9trn budget presentation: Tinubu presents 2025 budget, declares 10th NASS members re-elected

President Bola Tinubu made a surprising declaration during his 2025 budget presentation...

Just in: Tinubu presents N47.9trn budget amid tight security at National Assembly

A heavy security presence has been deployed at the National Assembly complex...

NNPC Ltd. Secured $1bln Loan to Support Dangote Refinery, Facilitates $3bln Gazelle Loan – Soneye

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that it...

Port Harcourt refinery operating smoothly, say labour, oil workers on fact-finding mission

A recent fact-finding visit by labour leaders has dispelled the uncertainties surrounding...

Rescheduled: Pres.Tinubu to present N47.9trn 2025 budget on Dec. 18

President Bola Tinubu has rescheduled the presentation of the N47.9 trillion 2025...

UniAbuja Renamed Yakubu Gowon University in Honour of ex-Nigerian Leader

The Federal Executive Council (FEC) has given the green light to rename...

Tragedy as Benue boat mishap claims 20 lives, 11 rescued

A boat mishap on River Benue has claimed 20 lives in the...

Tinubu Chairs 66th ECOWAS Summit to Address Regional Instability

President Bola Tinubu is currently chairing the 66th Ordinary Summit of the...

Nigeria’s First Lady empowers girls’ education in Osun with alternative school launch, donates N50m

Nigeria’s First Lady Oluremi Tinubu has inaugurated an Alternative High School for...

Just in: Alleged ₦80.2 bln fraud: Court admits ex-Gov. Bello to ₦500m bail

Justice Emeka Nwite of the Federal High Court, Abuja, has granted bail...

Pres. Tinubu presents 2025 budget to National Assembly on Dec. 17

Barring any last-minute hitch, President Bola Tinubu will on Tuesday, December 17,...

Joy turns to unimaginable tragedy: Shettima mourns victims of Borno varsity graduation accident

…pledges the government’s support for families Vice President Kashim Shettima has expressed...

Tinubu Commits to Enhancing Nigeria-Germany Cooperation

President Bola Tinubu has reaffirmed his administration’s commitment to enhancing the partnership...

Defamation: Court halts Farotimi’s book circulation, directs security agencies to impound copies

Justice Peter Kekemeke of the High Court of the Federal Capital Territory...

Just in: Abuja airport shut down temporarily after cargo plane skids off runway

A dramatic incident unfolded at Abuja’s Nnamdi Azikiwe International Airport (NAIA) on...

Tinubu Appoints Shamseldeen Ogunjimi as Acting Accountant General

President Bola Tinubu has appointed Mr. Shamseldeen Babatunde Ogunjimi as the Acting...

Tinubu calls for unity among Nigerians, inaugurates technology innovation complex for border security

Pres. Bola Tinubu has canvassed the imperativeness of an enduring peace and...

Updated: Alleged defamation: Dele Farotimi to remain in prison until Dec. 20

A magistrate court in Ado-Ekiti, Ekiti State, has refused to grant bail...