.....accountability


Erstwhile presidential candidate of the Labour Party, LP, Mr Peter Obi, has said that there is no corresponding breakdown of expenditures to justify the increase in the 2025 national budget.


The statement comes after President Bola Tinubu, on Thursday, increased the appropriation bill for the 2025 fiscal year from N49.7 trillion to N54.2 trillion.

DAILY POST reported that Tinubu announced the increment in separate letters, which he forwarded to both the Senate and the House of Representatives.


Reacting to the development, Obi said that Nigerians need to know how the resources generated are being allocated for the sake of transparency and accountability.

This, he said, was to ensure that they were judiciously spent on the country’s development and the well-being of the people.

In a statement issued on Friday via his X handle, the former Anambra state Governor said Nigerians were still waiting for a detailed account of the execution and expenditures of the Renewed Hope budget passed in December 2023.


Obi further called on the National Assembly to seize this opportunity to obtain and make public the full details of the 2024 budget.

He said: “Yesterday, I read about the increase in the Budget of Restoration to N54 trillion due to increased revenue.

“While the sources of this revenue were detailed, there is no corresponding breakdown of expenditures to justify the increase. For transparency and accountability sake Nigerians need to know how the resources generated from them are being allocated to ensure that they are judiciously spent on the country’s development and the well-being of the people.


“Such expenditures should be directed toward critical areas of development; education, healthcare, security, and poverty alleviation.

“Furthermore, Nigerians are still waiting for a detailed account of the execution and expenditures of the Renewed Hope budget passed in December 2023 to ensure that it has been properly utilized for the country’s future development and the well-being of its citizens.

“I call on the National Assembly to seize this opportunity to obtain and make public the full details of the 2024 budget of Renewed Hope budget.


“Transparency in this regard is crucial for ensuring accountability, learning from past budgets, and making informed decisions for the nation’s progress.

“As we work towards passing the Budget of Restoration for 2025, let us uphold openness, accountability, and the welfare of the Nigerian people. We owe it to ourselves, our children, and the future of our great nation. -PO”


https://dailypost.ng/2025/02/07/n54-2-trillion-budget-peter-obi-questions-tinubu-govt-on-transparency-accountability/

Peteru, you don't know much about economy. I have watched you severally fumbling whenever tough economic questions was posed to you. Infact you struggled with the basic terms.

Why not watch and learn from his Excellency president Tinubu. We have been seeing and witnessing federal government projects across the regions as the the reforms and policies are shaping up

The Kenya protest that the likes of Peter Obi's supporters was inciting in Nigeria the other time, only if they have an idea about what ended up with the protest which achieved nothing.

Learn from President Tinubu. You really need it

helinues:
Peteru, you don't know much about economy. I have watched you severally fumbling whenever tough economic questions was posed to you. Infact you struggled with the basic terms.

Why not watch and learn from his Excellency president Tinubu. We have been seeing and witnessing federal government projects across the regions as the the reforms and policies are shaping up

Truly, we are seeing and witnessing the tremendous impact of Tinubu's 'bolekaja' economic policy prescriptions on the Nigerian economy.

In fact, we have seen how Tinubu, who never fumbled when faced with tough economic questions and famously said, 'Na statistics we go chop,' has ensured that inflation rose from 22.41% in May 2023 to a near 30-year high of 34.8% as of today.

We are also seeing the tremendous impact of the policies of the self-acclaimed first-class accountant on the value of the Naira, ensuring it loses over 80% of its value since May 2023.

Furthermore, we are witnessing how Tinubu's policies are shaping up, leading Nigeria to become the largest IDP camp on earth, with its citizens lining up to receive a few grains of rice to survive, while others are trampled and stampeded to death over these same grains.

Tinubu and his Attack dogs are just tired of Peter Obi.
PO is a different breed of Politician who doesn't need to do much to be heard.

He is a brand that all Tinubu's wealth can never buy.

Surely a good name is worth more than ill-gotten wealth

Bobloco:


Truly, we are seeing and witnessing the tremendous impact of Tinubu's 'bolekaja' economic policy prescriptions on the Nigerian economy.

In fact, we have seen how Tinubu, who never fumbled when faced with tough economic questions and famously said, 'Na statistics we go chop,' has ensured that inflation rose from 22.41% in May 2023 to a near 30-year high of 34.8% as of today.

We are also seeing the tremendous impact of the policies of the self-acclaimed first-class accountant on the value of the Naira, ensuring it loses over 80% of its value since May 2023.

Furthermore, we are witnessing how Tinubu's policies are shaping up, leading Nigeria to become the largest IDP camp on earth, with its citizens lining up to receive a few grains of rice to survive, while others are trampled and stampeded to death over these same grains.

Productive people are glad to have Tinubu as Nigeria president