President Tinubu Speaks On N3.7 Trillion Budget Padding Claims

President Tinubu has spoken on N3.7 trillion budget padding claims.

 

NewsOnline Nigeria reports that President Bola Tinubu has said that those alleging embellishments in the 2024 budget did not understand the arithmetic.

 

This Nigeria news platform recalls that the 2024 budget was shrouded in controversy following allegations by Senator Abdul Ningi representing Bauchi Central, saying over N3.7 trillion in the budget could not be traced to any project.

 

The allegations, which landed him a three-month suspension, stimulated reactions from concerned Nigerians across the country.

 

ALSO: President Tinubu Admits That Nigerians Are Facing Economic, Security Challenges

 

Speaking on the matter, Tinubu while hosting the leadership of the Senate to a dinner to break the Ramadan fast at the State House on Thursday in Abuja, assured the lawmakers that their integrity was still intact.

 

“I know the arithmetic of the budget and the numbers that I brought to the National Assembly, and I know what numbers came back. I appreciate all of you for the expeditious handling of the budget. Thank you very much.

 

“Those who are talking about malicious embellishment in the budget, they did not understand the arithmetic and did not refer to the baseline of what I brought. But your integrity is intact.

 

“I am grateful for what you have been doing. The natural challenge we are facing will be over.

 

“On the current economic difficulty, we are about turning the corner. Our revenue has improved. All we have to do is to control expenditure and manage ourselves better,” the President said.

 

NewsOnline Nigeria reports that President Tinubu also thanked members of the National Assembly for the speedy attention given to the Students Loan Amendment Bill, urging more tolerance, forgiveness, and charity during Ramadan.