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Peter Obi Slams Nigerian Senate Over N3 Trillion Budget Discrepancy 

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Peter Obi Slams Nigerian Senate Over N3 Trillion Budget Discrepancy 

iexclusivenews – It is profoundly unsettling to learn about the purported N3 trillion gap in the Nigerian budget—a discrepancy that raises serious questions about fiscal management.

Reports suggest a troubling variance between the budget sanctioned by the Nigerian Senate and the one the presidency is executing.

A Senator’s Alarming Revelation

A member of the Senate has voiced concerns about an alternate budget, allegedly encompassing the N3 trillion in question, which deviates from the legislature’s approved financial plan.

The magnitude of the alleged discrepancy cannot be overstated—it accounts for more than 10% of the national budget, estimated at N29 trillion.

To put this into perspective, the amount in question surpasses the combined allocations for education (N1.54 trillion) and health (N1.38 trillion).

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Breach of Public Trust

The opacity surrounding the management of public funds signifies a profound breach of trust between the Nigerian populace and their representatives.

Amidst the nation’s battles with insecurity, hunger, poverty, inflation, and unemployment, such fiscal irresponsibility stands in stark contrast to the needs of the people.

It is imperative that every naira is utilized to forge a stronger Nigeria.

Demanding Accountability

The citizens of Nigeria rightfully expect complete transparency regarding the stewardship of their limited resources.

We call upon both the National Assembly and the Presidency to provide a comprehensive explanation for the inclusion of the alleged N3 trillion in the 2024 national budget.

Transparency and accountability are the bedrocks of sound democratic governance.

Our steadfast commitment to these principles is essential in our journey towards a reimagined Nigeria—a vision we maintain is POssible.

 

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