Nigerian Senate Speaks On Padding 2024 Budget By Over N4 Trillion

Nigerian Senate has spoken on padding the 2024 budget by over N4 trillion.

Newsone Nigeria reports that the Nigerian Senate on Saturday denied reports from some media platforms that it padded the 2024 appropriation budget by well over N4 trillion.

This online news platform understands that the Senate denied the padding allegation in a statement made available to Senate Correspondents by the Senate Committee Chairman on Media and Publicity, Senator Yemi Adaramodu.

The Senate Committee Chairman on Media and Publicity questioned the motives of those spreading falsehoods despite the transparent process the budget underwent before being assented to by President Bola Tinubu.

Senator Adaramodu said the budget document detailing expected revenue and expenditure was already in the public domain, emphasizing that the 10th Senate led by Senator Godswill Akpabio was not aware of any altered version.

The statement read: “There is no budget padding as far as the Senate and the National Assembly are concerned. The National budget is a public document that explicitly states the expected revenue and expenditure of the Federal Republic of Nigeria.

“The Senate, under the leadership of Senator Godswill Akpabio, is not aware of any altered execution of the 2024 appropriation mandate, as approved.

“The budget presentation and approval processes were conducted in the public eye, and the Presidential assent was also part of a public ceremony.

“Any infractions would have been brought before the Senate, if any.

“The general public should rest assured that there is no budget padding anywhere, and we are confident that the 2024 appropriation law shall be strictly executed under strict legislative oversight,” the statement added.