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Atiku to N’Assembly: Name officials behind N210bn budget duplication

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Former Vice President Atiku Abubakar has demanded that Nigeria's National Assembly identify officials responsible for N210 billion in duplicated budget allocations.
  • Abubakar criticized the Tinubu administration's fiscal management, citing the budget irregularities and the country's poor performance on global prosperity indicators.
  • He also questioned the government's claims of subsidy reform, alleging that N7.13 trillion spent on

Former Vice President Atiku Abubakar has called on Nigeria's National Assembly to expose officials behind N210 billion in duplicated and overlapping allocations within the 2026 Appropriation Act. Abubakar, also the presidential candidate for the African Democratic Congress, demanded a forensic investigation into the budget, which he described as evidence of "deepening fiscal indiscipline" under President Bola Tinubu's administration.

Name officials behind N210bn budget duplication

— Atiku AbubakarUrging the National Assembly to identify those responsible for alleged budget irregularities.

Abubakar stated that these alleged irregularities, combined with the country's poor performance on global prosperity indicators, reveal "one of the most fiscally reckless administrations in Nigeria’s democratic history." He argued that the government's claims of economic reforms restoring stability are undermined by its inability to account for the duplicated budget provisions, especially after Nigerians endured hardship due to fuel subsidy removal and exchange rate unification.

the alleged irregularities reflected deepening fiscal indiscipline under President Bola Tinubu’s administration.

— Atiku AbubakarDescribing the budget issues as a sign of poor financial management by the current government.

"When a government asks its people to sacrifice, it must first demonstrate discipline," Abubakar asserted. He criticized the budget for containing duplications, questionable insertions, and projects that defy common sense and fiscal responsibility. He also renewed his criticism of the administration's handling of fuel subsidies, alleging that Nigerians were misled. According to audited financial statements, N7.13 trillion was spent on "Energy security expenses" in 2024, which Abubakar claims is a repackaged continuation of the petrol subsidy.

For more than three years, Nigerians have been subjected to relentless hardship. They were told that fuel subsidy removal, exchange rate unification, higher taxes and rising tariffs were bitter pills that would eventually restore economic stability. Yet today, the same government cannot explain how more than N210bn found its way into duplicated and overlapping budget provisions.

— Atiku AbubakarHighlighting the disconnect between government promises and current economic realities.

"A government that conceals ₦7.13tn behind a convenient euphemism while demanding sacrifice from millions of struggling citizens cannot claim the moral authority to preach reform, prudence or fiscal discipline," he said. Abubakar warned that such practices compromise the national budget's integrity, potentially eroding investor confidence and public trust in the government.

When a government asks its people to sacrifice, it must first demonstrate discipline.

— Atiku AbubakarEmphasizing the need for government fiscal responsibility in tandem with public hardship.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.