The Labour Party’s Gubernatorial Candidate in the 2023 presidential election, Mr. Peter Obi, has urged President Bola Tinubu’s administration and the National Assembly leadership to clarify the purpose and procedure behind including an alleged N3 trillion allocation in the officially approved national budget for 2024.
Obi, expressing concern, characterized the purported separate budget with N3 trillion as a breach of trust between the Nigerian people and their elected leaders. Emphasizing the need for accountability, he questioned the existence of such discrepancies and highlighted the significant impact, representing over 10% of the national budget.
In a tweet, Obi stressed the disconcerting nature of the alleged discrepancy and called for transparency, demanding a public explanation from both the National Assembly and the Presidency.
He underscored the importance of judiciously utilizing budgetary resources, especially during challenging times, and emphasized the commitment to transparency and accountability for the betterment of Nigeria.
His tweet 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.
“This lack of transparency in managing public funds is a breach of trust between the Nigerian people and their elected leaders.”
“Every naira of our budget, especially in these challenging times, should be judiciously used to build a better Nigeria,” he said.
“We also deserve full accountability of 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.”
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