• News - North Central - FCT
  • Updated: March 22, 2024

Budget padding: You do not understand arithmetic of budget – Tinubu to Ningi, others

Budget padding: You do not understand arithmetic of budget �

President Bola Tinubu has said that those alleging embellishments in the 2024 budget did not understand the arithmetics of the budget. 

President Bola Tinubu told the 10th Senate leadership on Thursday that he would always urge the administration and judiciary to work together to improve the nation.

He claimed that the National Assembly's integrity remains intact, notwithstanding the budget padding allegations made by suspended Senator Abdul Ningi.

Tinubu made this statement while hosting the Senate leadership for a meal to break the Ramadan fast at the State House in Abuja on Thursday.

Speaking in a statement published early Friday morning by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, the nation's leader stated that he understands the budget's arithmetics.

He said, “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; did not understand the arithmetic and did not refer to the baseline of what I brought. But your integrity is intact.”

Tinubu thanked the lawmakers, adding that Nigerians are at the “turning corner” of the economic challenges.

“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 expenditures and manage ourselves better.

“Light is at the end of the tunnel, and Nigerians will soon smile again,” the President asserted.

Tinubu also praised members of the National Assembly for their prompt response to the Student Loan Amendment Bill, advocating more tolerance, forgiveness, and generosity throughout Ramadan.

He stated that the culprits of the death of troops in Delta State would face justice, stressing that his government would not tolerate attacks on military and security installations.

The President also stated that the military will continue to receive his administration's support in combating security challenges around the country.

“Our armed forces are working hard, and we will not allow attackers to undermine the integrity and value of our armed forces and its leadership.

“We will continue to encourage and fight for our sovereignty, our individual rights to exist, and we will succeed in banishing poverty from our land,’’ the President added.  

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