Former presidential candidate of the Labour Party, LP, Peter Obi has alleged that the Nigerian government under President Bola Tinubu is implementing four national budgets concurrently.
Obi claimed that all available evidence has confirmed the
government is operating multiple budgets.
In a statement issued on Saturday on his X handle, the former
Anambra state Governor stressed that the development is in blatant disregard
for fiscal responsibility, transparency, and accountability.
He added that it is also a recipe for chaos, confusion and
catastrophe.
Obi, therefore, demanded that the situation be reversed
immediately in preference for a more responsible and transparent approach to
budgeting.
He argued that neither the National Assembly nor the
executive has any excuse to promote or condone such unconscionable behaviour.
Obi said: “All available evidence has confirmed that the
Nigerian government is implementing four national budgets concurrently. This is
in blatant disregard for fiscal responsibility, transparency, and
accountability. It is also a recipe for chaos, confusion, and catastrophe.
“This intentionally reckless action will lead to frivolous
items in the approved budgets competing with essential projects for limited
resources, further exacerbating the suffering of the Nigerian people.
It indicates that the Leaders are out of touch with reality
and lack the competence to manage our nation’s finances effectively.
“Unfortunately, this deliberate act of fiscal recklessness
is being undertaken by elected representatives of the people, thereby betraying
one of the cardinal pillars of democracy. Leaders are elected to responsibly
manage public resources in an organized way.
“I respectfully appeal and in fact, demand that this
situation be reversed immediately in preference for a more responsible and
transparent approach to budgeting. We must prioritize the needs of the Nigerian
people, not the selfish interests of a few. This is a call to action for all
Leaders to desist from actions that will further drive the country into
economic chaos.
“Neither the National Assembly nor the executive has any
excuse to promote or condone such unconscionable behaviour. We seek and insist
on a nation governed by leaders who are frugal and responsible in their
handling of public resources.
This is the only way we can build a great nation.”
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We don't really care if he operates 12 budgets, let there be money in circulation for the masses to breathe...
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