Politics SERAP - National Assembly Is Planning to Pad 2017 Budget

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abujagirl

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Civic society group, Socio-Economic Rights and Accountability Project, SERAP has warned that there is an ongoing attempt to pad the 2017 budget in the National Assembly.

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According to VANGUARD, in a letter sent to President Buhari by the group, SERAP urged the government “to urgently instruct security and anti-corruption agencies to forward to you reports of their completed investigations into allegations of padding and stealing of some N481 billion from the 2016 budget by some principal officers of the National Assembly.”

“SERAP has also received credible information from whistle-blowers about ongoing attempt by some principal officers of the National Assembly to allegedly steal N40 billion of the N100 billion allocated by your government as ‘zonal intervention’ (also known as constituency projects) in the 2017 budget.”

“SERAP is also aware of the alleged risk of corruption involving the $2.5 budget oil bench mark increment which comes up to about N131 billion. The N131 billion will be appropriated to either reduce deficit or increase expenditure or both but unless the spending of the funds is closely monitored and scrutinised, the funds may be diverted, mismanaged or stolen.”

“SERAP is also concerned that deception in the budget process will continue unless Nigerians are granted access to inspect the budget process and other activities by the National Assembly. SERAP strongly believes that Nigerians have the right to know what their lawmakers are doing so that they are able to appraise their work and hold them to account.”
 
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