Former Labour Party presidential candidate, Peter Obi, has made a startling allegation that the Nigerian government under President Bola Tinubu is simultaneously implementing four national budgets.
Obi claims that evidence confirms this unprecedented move, which he believes disregards fiscal responsibility, transparency, and accountability.
Obi warns that this approach will lead to chaos, confusion, and catastrophe, as frivolous items in the approved budgets compete with essential projects for limited resources, exacerbating the suffering of Nigerians.
He argues that this reckless action demonstrates leaders’ incompetence in managing the nation’s finances effectively.
The former Anambra state Governor demands an immediate reversal of this situation, advocating for a more responsible and transparent approach to budgeting that prioritizes the needs of Nigerians over selfish interests.
Obi urges leaders to desist from actions that may further drive the country into economic chaos, emphasizing the need for frugal and responsible handling of public resources to build a great nation.
Taking to his X handle on Saturday, he wrote, Obi said: “All available evidence has confirmed that the Nigerian government is implementing four national budgets concurrently. This is in blatant disregard for fiscal responsibility, transparency, and accountability. It is also a recipe for chaos, confusion, and catastrophe.
“This intentionally reckless action will lead to frivolous items in the approved budgets competing with essential projects for limited resources, further exacerbating the suffering of the Nigerian people.
It indicates that the Leaders are out of touch with reality and lack the competence to manage our nation’s finances effectively.
“Unfortunately, this deliberate act of fiscal recklessness is being undertaken by elected representatives of the people, thereby betraying one of the cardinal pillars of democracy. Leaders are elected to responsibly manage public resources in an organized way.
“I respectfully appeal and in fact, demand that this situation be reversed immediately in preference for a more responsible and transparent approach to budgeting. We must prioritize the needs of the Nigerian people, not the selfish interests of a few. This is a call to action for all Leaders to desist from actions that will further drive the country into economic chaos.
“Neither the National Assembly nor the executive has any excuse to promote or condone such unconscionable behaviour. We seek and insist on a nation governed by leaders who are frugal and responsible in their handling of public resources.
This is the only way we can build a great nation.”
