N’Assembly Inserted Projects Costing N2trn In 2024 Budget – BudgIT

Share

BudgIT, a Non-governmental organisation, has said that the National Assembly inserted N2.24tillion in the 2024 Budget for 7,447 constituency projects.

It particularly said that members of the National Assembly target some agencies and organisations for the insertion of projects, stressing that the Federal Ministry of Agriculture and Food Security has the highest number of inserted projects, with 2,470 projects worth N632.31 billion.

This was as the organisation said most of the projects inserted into the budget by the Federal lawmakers have displayed no national significance except their narrow personal interests.

NNPC Careers

A report released on Wednesday, March 13, 2024, BudgIT said its findings was predicated on the allegation of budget padding by the National Assembly made by Senator Abdul Ningi representing Bauchi Central.

Senator Ningi had last Saturday stirred controversy with an interview he granted the BBC Hausa service during which he alleged that the 2024 budget was padded by N3 trillion, adding that the country is operating two budgets concurrently.

However, on Tuesday, the Senate hurriedly considered the allegation by Senator Ningi amid a rowdy session and suspended him for three months.

The two chambers of the National Assembly passed a N27.5 trillion in December 2023 as the 2024 Appropriation bill which the legislators later increased to N28.7 trillion.

But, BudgIT said in the report, that a breakdown of the 2024 budget showed that N25.4 trillion was earmarked for Ministries, Departments, and Agencies (MDAs).

It further said that the N3.32 trillion allocation earmarked for government-owned enterprises (GOEs), the National Assembly, the National Judicial Commission (NJC), the Public Complaints Commission (PCC), the Independent National Electoral Commission (INEC), and the Tertiary Education Trust Fund (TETFUND), were excluded from the budget passed and published.

BudgIT further said; “However, our findings show that a budget breakdown totalling N25.4tn was provided for the budgets of the Ministries, Departments, and Agencies (MDAs) and some other agencies receiving statutory allocation from the federal government.

 “The comprehensive budget breakdown of government-owned enterprises, the National Assembly, the National Judicial Commission, the Public Complaints Commission, INEC, and TETFUND totalling N3.32tn was excluded from the budget that was passed and published.

“This does not mean the country operates two separate budgets and that there’s only one final budget known to us,” it said.

The report further said that the 10th National Assembly continued the ugly trend of indiscriminate insertion of projects in the budget, saying; “A total of 7,447 projects culminating in N2.24tn were inserted in the 2024 budget by the National Assembly, an ugly trend that was accelerated in the 9th National Assembly.

“Fifty-five of the projects range with a value of N580.7bn are greater than N5bn in value. We also noticed that 281 projects worth N491bn, and 3,706 projects within the range of N100–500m, worth 759bn, were inserted into the budget.

“The National Assembly has indiscriminately added projects to the budget, with most projects having no national significance but narrowed to personal interests,” it said.

 

Similar Posts

Leave a Reply