Close Menu
Chronicle.ng
    Trending Stories
    Rivers Angels win 10th President Federation Cup

    Rivers Angels win 10th President Federation Cup

    June 28, 2025
    Popular filmmaker Kayode Peters dies in Canada at 46

    Popular filmmaker Kayode Peters dies in Canada at 46

    June 28, 2025
    Obi hails Ganduje’s resignation, urges sick leaders to step down

    Obi condemns Tinubu’s ‘insensitive’ Saint Lucia vacation

    June 28, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Rivers Angels win 10th President Federation Cup
    • Popular filmmaker Kayode Peters dies in Canada at 46
    • Obi condemns Tinubu’s ‘insensitive’ Saint Lucia vacation
    • Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources
    • Nigeria’s Customs boss, Adeniyi, elected WCO chairperson
    • Goodluck Jonathan reveals how Yar’Adua’s aide withheld handover letter
    • Atiku sad over Dantata’s demise, calls his death ‘end of an era’
    • Speed Darlington blows hot, says NAPTIP has no right to declare him wanted
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Saturday, June 28
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Nigerians demand explanation for N3tn budget padding, Obi tells presidency, NASS 

    Opalim LiftedBy Opalim LiftedMarch 11, 2024No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Benue and Niger tragedy: Obi slams Tinubu for failing to visit affected communities
    Peter Obi, former Labour Party presidential candidate
    Facebook Twitter WhatsApp

    The Labour Party presidential candidate, Peter Obi, has called on the Presidency and the National Assembly to explain the discrepancies in budget padding to the sum of N3 trillion.

    Obi said it’s worrying because the amount involved represents over 10% of the national budget.

    Recall Senator Abdul Ningi of Bauchi Central had queried the whereabouts of N3 trillion in the 2024 N28.7 trillion budget.

    Chronicle NG reported that Bayo Onanuga, Special Adviser to the President on Information and Strategy, faulted Ningi’s claim.

    The presidency stated that the Nigerian government allowed the National Assembly to jack up the national budget by N1.2 trillion in the spirit of democracy.

    • Presidency denies allegations of budget padding, slams Ningi

    Reacting, Obi decried the lack of transparency in managing public funds, stressing that it’s a breach of trust.

    Obi wrote on his X page: “I find it deeply disconcerting, a matter of grave concern, and even shameful to read about the alleged N3 trillion discrepancy between the allocation 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 allocations.

    “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.”

    He noted that transparency and accountability were the cornerstones of democratic governance.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Popular filmmaker Kayode Peters dies in Canada at 46

    Popular filmmaker Kayode Peters dies in Canada at 46

    Obi hails Ganduje’s resignation, urges sick leaders to step down

    Obi condemns Tinubu’s ‘insensitive’ Saint Lucia vacation

    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources 

    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources

    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    Goodluck Jonathan reveals how Yar'Adua's aide withheld handover letter

    Goodluck Jonathan reveals how Yar’Adua’s aide withheld handover letter

    Atiku sad over Dantata's demise, calls his death 'end of an era'

    Atiku sad over Dantata’s demise, calls his death ‘end of an era’

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Rivers Angels win 10th President Federation Cup

    Rivers Angels win 10th President Federation Cup

    June 28, 2025
    Popular filmmaker Kayode Peters dies in Canada at 46

    Popular filmmaker Kayode Peters dies in Canada at 46

    June 28, 2025
    Obi hails Ganduje’s resignation, urges sick leaders to step down

    Obi condemns Tinubu’s ‘insensitive’ Saint Lucia vacation

    June 28, 2025
    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources 

    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources

    June 28, 2025
    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    June 28, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.