The Presidency has dismissed the claims of a non-profit organisation, BudgiT, that the administration of President Bola Tinubu, plans to run four budgets within a fiscal year.
Naija News recalls that the Senate resumed plenary on Thursday to extend the capital section of the 2023 supplementary budget.
In a statement on Friday, BudgIT’s Country Director, Gabriel Okeowo, said it was worrisome that the Federal Government could be drafting a 2024 supplementary budget to be implemented alongside the 2023 yearly budget, 2023 supplementary budget, and 2024 annual budget.
Okeowo condemned the development, stating it would amount to severe budget credibility issues.
In a statement via X on Saturday, Peter Obi described the move as a blatant disregard for fiscal responsibility, transparency, and accountability.
According to the former Governor of Anambra state, the action of Tinubu’s government will lead to frivolous items in the approved budgets competing with essential projects for limited resources, further exacerbating the suffering of the Nigerian people.
Reacting to the development, Senior Special Assistant to the President on Media and Publicity, Temitope Ajayi, in a statement via X, said the Federal Government is not planning to run four budgets within a fiscal year, as alleged.
