Sen Abdul Ningi’s observation that there was lack of a detailed breakdown for approximately N3.7 trillion of the N28.78 trillion 2024 budget has been confirmed as valid, and the senate may have erred by suspending the senator.
BudgIT co-founder, Mr. Seun Onigbinde affirmed the validity of the claim by the senator representing Bauchi Central via a TV interview monitored by Nigerian Anchor news in Abuja.
During an interview with Channels Television on Wednesday, Onigbinde emphasized that Senator Ningi’s assertions align with BudgIT’s findings, shedding light on discrepancies within the budgetary allocations.
Senator Ningi’s initial remarks, made in an interview with BBC Hausa over the weekend, sparked controversy as he alleged a disparity between the budget passed by the National Assembly and the one implemented by the Presidency. He claimed that while the National Assembly approved a budget of N25 trillion, the Presidency was executing a budget totaling N28.7 trillion.
In subsequent statements to the press in Abuja on Monday, Senator Ningi reiterated his stance, expressing readiness to face any consequences for his disclosures. He stood firm on his assertion that N3.7 trillion lacked proper documentation regarding project allocation within the 2024 budget.
Addressing the issue, Senator Ningi stated, “We have established beyond reasonable doubt that N25 trillion so far has nexus in the budget. That means that there is money, there is a project, and there is a location. But we are yet to ascertain N3 trillion of that budget.”
Furthermore, Onigbinde highlighted that certain “statutory elements” within the budget lacked comprehensive analysis. Specifically, allocations for bodies such as the National Assembly, National Judicial Council (NJC), Independent National Electoral Commission (INEC), and Tertiary Education Trust Fund (TETFund) were noted to lack detailed breakdowns.
“On that point, Senator Ningi is right,” Onigbinde affirmed. “There are components of the budget where there is no breakdown.”
He emphasized the importance of transparency, advocating for detailed public disclosure of expenditures by these entities. BudgIT’s analysis revealed transparency issues amounting to approximately N3.5 trillion to N3.7 trillion, corroborating Senator Ningi’s concerns.
In light of these revelations, there is a growing call for increased accountability and transparency within budgetary allocations, particularly in sectors where detailed breakdowns are lacking. Senator Ningi’s bold stance has ignited discussions surrounding fiscal responsibility and transparency in governance.
