PUNCH
The Presidency has denied allegations of padding the 2024 budget by an additional N3 trillion.
This followed accusations by Senator Abdul Ningi of Bauchi Central (PDP) that the executive is implementing a budget other than the one approved on January 1, 2024.
Ningi, under the aegis of the Northern Senators’ Forum, had contended in a BBC Hausa Service interview that the Federal Government, led by President Bola Tinubu, was executing a budget significantly higher than what was passed by the NASS.
According to the lawmakers, an N25tn budget was debated and passed, not the N28.7tn that is currently being implemented.
However, in a statement signed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, the Presidency pointed out that Tinubu had initially presented a N27.5tn budget to the National Assembly on November 29, 2023.
It said this budget included N9.92tn for recurrent expenditure, N8.25tn for debt service, and N8.7tn for capital expenditure, contrasting Ningi’s claims.
The Presidency stressed that it was implausible for the Senate to have debated and passed a N25tn budget that was never presented.
