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How NASS members pad budgets – Shehu Sani explains meaning of ‘Budget Padding’
A former federal lawmaker, Senator Shehu Sani, has thrown more light on how members of the National Assembly pad Nigeria’s budgets.
DAILY POST reports that a budget padding scandal is currently rocking the National Assembly after Bauchi North senator, Abdul Ningi, claimed that about N3.7 trillion in the 2024 Appropriation Act was not tied to any project.
Although the Senate on Tuesday slammed Ningi with a three-month suspension over the allegation, the lawmaker has insisted that there are documents to back his claim.
While the issue continues to gain more attention from concerned Nigerians, Shehu Sani, in a post on his official X handle on Thursday, educated the public on what budget padding means, and how members of the National Assembly go about the act.
According to him, “Paddling budget means tampering with the budget presented by the President or the MDAs by either adding figures to the costs of projects or inserting projects that were not in the original budget.
“For example, a Minister can say he wants to buy 5 Buckets for his Ministry at 5k each; magically, he will see 8 Buckets approved for him or 5 Buckets approved at the rate of 10k each or he will see Shovels and diggers added to his request for Buckets.”
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Reps Quiz Federal Polytechnics Damaturu, Mubi, Monguno Over Infractions
By Gloria Ikibah
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Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
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We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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