Atiku Demands Probe of 2026 Budget Over Alleged N210bn Duplicate Allocations

Former Vice President and African Democratic Congress (ADC) presidential aspirant for the 2027 election, Atiku Abubakar, has called for a thorough investigation into the 2026 Appropriation Act, citing reports of over N210 billion in alleged duplicated and overlapping budget allocations.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described the alleged duplication as another indication of poor fiscal management under President Bola Tinubu’s administration.

He said the controversy comes at a time when Nigerians are battling rising inflation, high unemployment and worsening economic hardship despite the government’s economic reform agenda.

According to Atiku, the reported budget irregularities reflect a growing pattern of questionable spending practices, including allocations for projects outside the mandates of government agencies and controversial budget insertions worth billions of naira.

He also criticised the Federal Government over its handling of fuel subsidy removal, arguing that despite claims that the subsidy ended in 2023, the audited 2024 financial statements of the Nigerian National Petroleum Company (NNPC) Limited showed that N7.13 trillion was spent on what the company described as “Energy Security Expenses,” which it identified as petrol subsidy or under-recovery.

Atiku maintained that the revelation raises questions about the government’s transparency and accountability.

He further argued that the country’s worsening economic conditions contradict official claims of progress, noting that many Nigerians continue to struggle with the rising cost of living, while businesses are shutting down and unemployment remains high.

Related Posts

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

The Independent National Electoral Commission on Saturday released the names and particulars of governorship candidates and their running mates across the country. The publication, contained in Form EC9, was pasted…

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

        A chieftain of the All Progressives Congress, APC, Joe Igbokwe, has condemned the move by the presidential candidate of the 2027 African Democratic Congress, ADC, Atiku…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

US-Nigeria Joint Working Group Convenes in Washington to Address Security and Humanitarian Concerns

US-Nigeria Joint Working Group Convenes in Washington to Address Security and Humanitarian Concerns

Behind the Beef: Seyi Vibez Claims He Built Dapper Music’s Career from Scratch

Behind the Beef: Seyi Vibez Claims He Built Dapper Music’s Career from Scratch

Shallipopi Accuses Dapper Music of Withholding Royalties from 46 Songs and Selling His Catalogue

Shallipopi Accuses Dapper Music of Withholding Royalties from 46 Songs and Selling His Catalogue

Osun Governorship Poll: Police Restrict All Vehicular and Pedestrian Movement from Friday Midnight

Osun Governorship Poll: Police Restrict All Vehicular and Pedestrian Movement from Friday Midnight