2024 Budget Archives - Voice of Liberty NG

2024 Budget: How 10th Senate’s principal officers allocated multi-billion naira constituency projects for themselves’ – Report

August 20, 2024August 20, 2024 Aminu Imam

Principal officers of Nigeria�s 10th Senate have allegedly allocated billions of naira in constituency projects to themselves in the 2024 budget, according to a published report yesterday. These projects, known as Zonal Intervention Projects (ZIP), are meant to drive local development across Nigeria’s 109 senatorial districts. The report, which revealed several projects worth billions of naira whose specific locations are unclear, disclosed that Senate President Godswill Akpabio, representing Akwa Ibom North-West, secured ?4.142 billion for his constituency. Deputy Senate President, Barau Jibrin also allocated substantial funds to Kano-North, his district.…

Tinubu requests Senate to increase 2024 Budget by N6.2tr

July 18, 2024July 18, 2024 Aminu Imam

�Amends 2023 Finance Act President Bola Tinubu has asked the 10th Senate to increase the 2024 Budget by N6.2trillion. The President wants the Upper Legislative Chamber to amend the 2024 Appropriation Act to provide for N3.2 trillion for infrastructure projects and N3trillion for recurrent expenditure. Tinubu�s request was contained in a letter read by the Senate President, Godswill Akpabio, on the floor of the chambers yesterday. The President stated that his request is pursuant to section 58 (2) of the Constitution of the Federal Republic of Nigeria (as amended), and…

“Senate to receive N6.6tr Supplementary Budget from Tinubu� � Spokesman

June 19, 2024June 19, 2024 Aminu Imam

The 10th Senate spokesperson, Yemi Adaramodu, has revealed that the Bola Tinubu-led government is finalising a N6.6 trillion supplementary Budget, which will be submitted to the National Assembly following its resumption on July 2. According to him, the proposed Supplementary Budget aims to fund several key transformational projects across the country. Among the highlighted projects are the Lagos-Calabar Coastal Road and the proposed Sokoto-Badagry Road. He further stated that the Budget will allocate funds for the completion of all ongoing railway projects that currently lack counterpart funding. �Furthermore, the supplementary…

Senator picks errors in 2024 Budget, alleging padding�

May 6, 2024May 6, 2024 Aminu Imam

Senator representing Kano-South, Sulaiman AbdulRahman Kawu Sumaila, has pointed out errors in the 2024 budget, alleging padding. Sumaila, who spoke in an interview with an online television station in Kano, said the Appropriation Bill recently assented to by President Bola Ahmed Tinubu had a lot of mistakes, the sort he had never seen in a Budget before. �This year�s Budget is the most mistake-ridden budget I have ever seen. It is clear that the Government is not taking the necessary steps to address our economic challenges�, he stated. A former…

Peter Obi seeks review of 2024 Budget

March 19, 2024March 19, 2024 Aminu Imam

The 2023 Labour Party, (LP) presidential candidate, Peter Obi, has called for a total review of the 2024 Budget, citing grave concerns over the nation�s deteriorating security situation, widespread poverty, food insecurity, and crumbling infrastructure. In a statement posted via X yesterday, Obi�s call comes amid controversies surrounding the current budget and its allocation of resources. �Having followed the controversies trailing the 2024 Budget, and having read some of the budgetary provisions and allocations of resources, I wish to respectfully appeal for a total review of the entire budget�, he…

Budget-padding Controversy:�BudgIT confirms Ningi�s N3.7tr allegation

March 14, 2024March 14, 2024 Aminu Imam

A civic organisation focused on the Nigerian budget and public data, BudgIT, has thrown its weight behind suspended Senator Abdul Ningi on a N3.7 trillion gap in the 2024 Budget presented to the National Assembly. The Director and co-founder of BudgIT, Seun Onigbinde, made this known during an interview in a television programme yesterday, stressing that Ningi was right if he posited that there was no detailed allocation for N3.7 trillion in the 2024 Budget. Recall that Senator Ningi, representing Bauchi-Central senatorial district, was suspended on Tuesday by the Upper…

�NASS padded 2024 Budget by N1.2tr, not Tinubu” – Presidency

March 12, 2024March 12, 2024 Aminu Imam

� Says Budget not anti-North The Presidency has denied the allegation that President Bola Tinubu is implementing a budget different from what the National Assembly passed, saying that the N1.2 trillion differentials was added by the lawmakers. The Presidency also debunked the insinuation that the 2024 budget being implemented by President Tinubu is anti-North. The denials were contained in a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, titled: �The facts about 2024 budget�. The Presidency also denied the allegations by northern senators…

�Budget padding is political terrorism� – HURIWA

March 12, 2024March 12, 2024 Aminu Imam

The Human Rights Writers Association of Nigeria (HURIWA) has described as terrorism any proven case of unconstitutional and illegal act by the National Assembly hierarchy of padding up the budget with unapproved allocation.� The Rights group has called for a thorough investigation of the current allegations by Abdul Ningi, the Senator representing Bauchi-Central, who alleged that the 2024 budget was padded with N3 trillion in the National Assembly. HURIWA, in a statement by the National, Emmanuel Onwubiko, said that from benefits of hindsight, the criminal act of hiding unbudgeted items…

2024 Budget: �Where is N3tr?� � Northern Senators demand answers from Tinubu, Akpabio

March 11, 2024March 11, 2024 Aminu Imam

The Northern Senators Forum, (NSF), has claimed that its auditors have uncovered a N3 trillion increase in the N28 trillion 2024 budget signed by President Bola Tinubu. They are demanding an explanation for the increase, amid claims that the Budget is skewed against the North in particular. The Forum�s chairman, Abdul Ningi, stated this during an interview aired on the British Broadcasting Corporation (BBC) Hausa Service on Saturday. Ningi said, �For the past three months, we have engaged consultants to review the Budget for us. We have some experts who…

�?3tr �padding� in 2024 Budget� – Senator Ningi alleges

March 10, 2024March 10, 2024 Aminu Imam

Chairman of the Northern Senators Forum, Senator Abdul Ningi, has, in a stunning disclosure, raised alarm regarding a significant disparity between the budget approved by the National Assembly and the one being implemented by the Presidency. Speaking to the British Broadcasting Corporation, (BBC) Hausa Service, Senator Ningi revealed that while the National Assembly had sanctioned a budget of ?25 trillion, signed by President Bola Tinubu, the Federal Government is operating with a budget of ?28 trillion. This discrepancy, he said, points to an alarming ?3 trillion surplus that was inserted…