By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

BudgIT blames National Assembly for N3.7trn Budget padding allegation

Last updated: March 15, 2024 4:52 pm
2 years ago
Share
2 Min Read
AIT-IMAGES - President of the Senate, Godswill Akpabio
Senate President, Godswill Akpabio

BudgIT, a civic organisation focused on the promotion of transparency in Nigeria’s budgeting process has faulted the National Assembly for continually omitting the budget details of some government agencies.

In a report published by the organisation in reaction to Senator Abdul Ningi’s budget padding allegation in relation to the 2024 Appropriation Act, BudgIT says the practice “goes against one of the core principles of public budgeting which instructs that all expenditure breakdowns be presented in the same budget document”.

The organisation however stated that its findings did not disclose that the Federal Government was operating two budgets, concluding that there’s only one final 2024 budget known to it.

It stated, “Our findings on Senator Ningi’s allegations of N3.7 trillion budget padding for 2024 budget shows that a breakdown of N25.4tn was provided for the budgets of the Ministries, Departments and Agencies”. Excluded from the published budget breakdown were the comprehensive details of some Government Owned Enterprises, GOEs, National Assembly, National Judicial Council, Public Complaints Commission, INEC, and TETFUND. The total budget of the excluded agencies amounts to N3.32tn

The assertion seems to agree with what the Chairman of the Senate Appropriations Committee, Solomon Olamilekan Adeola said on Tuesday at the sitting where Senator Ningi was sanctioned by his colleagues.

(Editor: Terverr Tyav)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • United States (U.S.) Pushes Energy Partnership in Caribbean, Eyes Suriname’s Growing Oil Sector April 1, 2026
  • Caribbean Scales Up Energy Financing as Afreximbank Expands CARICOM Commitment April 1, 2026
  • Radisson Hotel Group Surpasses 100 Hotels in Africa, Accelerating 2030 Growth Ambition April 1, 2026
  • Merck Foundation Chief Executive Officer (CEO) and African First Ladies Continue Their Partnership to Advocate for Girl Education to End Female Genital Mutilation (FGM) Across Africa April 1, 2026
  • Why the Future of Customs is Agentic Artificial Intelligence (AI) (By Alioune Ciss) April 1, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?