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National Assembly Inserts N6.93tn of Dubious Projects into 2025 Budget, BudgIT Alleges
The Business NG
|The BusinessNG
BudgIT, a civic tech organisation advocating for public finance transparency, has uncovered the insertion of 11,122 projects valued at N6.93 trillion into Nigeria's 2025 budget by the National Assembly. This revelation raises serious concerns about political manipulation and fiscal irresponsibility.
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The 2025 federal budget, originally set at N49.7 trillion, was increased to N54.2 trillion by the National Assembly following a request by President Bola Tinubu. However, BudgIT's analysis suggests that a significant portion of this increase is due to unapproved project insertions that undermine budget integrity.
Gabriel Okeowo, BudgIT's country director, condemned the trend, describing it as "an assault on fiscal responsibility" that distorts development priorities and channels scarce resources into political patronage.
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