BudgIT has condemned a plan by the Nigerian government to concurrently implement four national budgets.

Gabriel Okeowo, BudgIT’s Country Director disclosed this in a statement on Friday.

Recall that the Senate resumed plenary on Thursday to extend the capital section of the 2023 supplementary budget.

The lawmakers said the budget is to run concurrently with the 2024 national budget.

The implication is the country is currently running three budgets the 2023 budget of N21.83 trillion signed by ex-president Muhammadu Buhari, the N2.17 trillion 2023 supplementary budget by President Bola Ahmed Tinubu, the N28.7 trillion 2024 budget, and an anticipated 2024 supplementary budget, thereby resulting in the simultaneous implementation of four budgets.

However, Okeowo has described the situation as worrisome and will amount to severe budget credibility issues.

He noted the Budget is designed to run from January to December as it is done globally.

BudgIT said the situation will lead to frivolous items in the 2023 Approved Budget and 2023 Supplementary Budget that will compete with essential projects in the 2024 Budget for the meagre resources available to the Federal Government.

It called on the government to amend the complications of this convoluted budgeting system and return to a disciplined January to December Budget Calendar.

“The concurrent implementation of four budgets will lead to severe budget credibility issues, as revenues projected in 2024 alone would most likely be used in implementing four different budgets, negatively impacting service delivery in critical social sectors and the provision of essential public infrastructure”, Okeowo stated.

Source: https://dailypost.ng/Nigerian-govt-plans-to-concurrently-run-four-budget-not-normal-BudgIT

Nothing is being done right. Nothing more was expected.

Since Akpabio decided to throw himself out for the presidency to know that he's willing to do anything for Tinubu.... What do you expect?


A system of government where the president decides the heads of agencies. Imagine an electoral body being appointed by the president.... The president decides who leads the national assembly..... The head of the police force... The appointment as a judge.

You should expect more rubbish from this government...

Cashout!

The politicians pocket billions while things like Helinues sing their praises on an empty stomachs

This life no balance

Tinubu is a failed president

Let's see how it goes

Just more ways to steal
If it happens here it will be worse than Kenya

The way this govt is going, their aim is to steal, loot, improvish and destroy this country.

See him face

Who is going to win the presidential election in 2027

This one pass Sinzu and Spending.

me i no even understand this government people again

talk talk don pass action

CNG Motor we no see
Port Harcourt Refinery we no see


Nigeria we heel dee

Joy2dworldxyz:
Tinubu is a failed president

while your father own first degree in failure as the head of your family



pls dont quote body day pepper me

What was that sound sultans song again?

It doesn't make sense at all. They should've closed the budget since March 31st

The aim is to misappropriate.

Economists, is this appropriate?

YouAreNobody:
Cashout!

The politicians pocket billions while things like Helinues sing their praises on an empty stomachs

This life no balance

What's your moniker's name again?

Chai..




It is already favouring Nigerians and their families.

Nothing seems to be working right in this country anymore... I sure knw some persons will still comeout in defending this govt.

Olachase:
while your father own first degree in failure as the head of your family



pls dont quote body day pepper me

why insult his father, we warned you guys about this man.....

YouAreNobody:
Cashout!

The politicians pocket billions while things like Helinues sing their praises on an empty stomachs

This life no balance

Toh

# All motion, NO MOVEMENT govt of self serving THIEVES 💯💯💯💯
eBOLA and his notorious cohorts are all out to STEAL, KILL AND DESTROY!📢📢📢📢📢📢📢📢📢📢📢📢📢
Awon ole, jegudu jera gbogbo!

Noted.

Doomed country and the citizens are all suffering in silence. The charm they used to hold Nigeria is so strong. Drug Cartel govt

Joy2dworldxyz:
Tinubu is a failed president

without any doubt

This is the time to put a project in the 4 budget and use only one to implement it, the rest 3 na cash out time

Tinubu has been stripped naked in the marketplace!



This is a pitiable clone of the famed Lagos magician who singlehandedly transformed Lagos from "Ghetto City " to "El Dorado".




He sold Nigerians the dummy: "if he did it for Lagos State, he can do it for Nigeria"!




Alas!



The man is hollow through and through!



Since he came onboard, anything he touches turns to dust!





Emilokan, my foot!






@hotseat

Olachase:
while your father own first degree in failure as the head of your family



pls dont quote body day pepper me

Is your father Tinubu?
Body too dey pepper me.

Say make I jump in for the guy.
Bully me.......