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2024 Budget: Peter Obi laments lack of transparency

Presidential candidate of the Labour Party, Peter Obi has condemned the alleged N3 trillion discrepancy in the budget approved by the Nigerian Senate.

The former governor made the condemnation in a statement on X(formerly Twitter).

According to him, the incident was insensitive to the plight of the people due to the country’s economic challenges.

He urged the National Assembly as well as the presidency to make a full explanation regarding the allegations.

The statement reads “I find it deeply disconcerting and a matter of grave concern and even shameful to read about the alleged N3 trillion discrepancy between the budget approved by the Nigerian Senate and the one being implemented by the presidency.

“One Senator claims there is a separate budget, allegedly containing the N3 trillion, that differs from what was passed by the National Assembly.”

“This alleged discrepancy is especially worrying because it represents over 10% of our national budget (estimated at N29 trillion)and is more than the combined education (N1.54 trillion) and health (N1.38 trillion) official budgets.”

 

Senate to debate alleged N1.2trn 2024 budget padding tomorrow

“This lack of transparency in managing public funds is a breach of trust between the Nigerian people and their elected leaders. With insecurity, hunger, poverty, inflation, and unemployment plaguing the nation, these actions are insensitive to the people’s plight.

“Every naira of our budget, especially in these challenging times, should be judiciously used to build a better Nigeria. We also deserve full accountability for all our scarce resources placed in public trust.

“Therefore, we, the Nigerian people, demand a public explanation from both the National Assembly and the Presidency regarding the purpose and process of adding this alleged N3 trillion allocation to the officially approved national budget for 2024.”

“Transparency and accountability remain the cornerstones of good democratic governance at all levels.This is our unwavering commitment to building a New Nigeria which we insist remains POssible. “-PO

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