Budget padding

“Critics don’t understand arithmetic of budget” — Tinubu

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President Bola Tinubu says the alleged padding of the 2024 budget by the National Assembly is nothing but a lack of misunderstanding of the arithmetic of the budget by critics. Mr Tinubu stated this on Thursday while hosting senators to Iftar at the State House. PREMIUM TIMES reported the massive smuggling of projects into the … Read more

Budget padding controversy, Ningi’s suspension, probe of N30 trillion CBN loan, change of leadership in senators groups, others top stories at Senate

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Senate panel begins probe of N30trn CBN loan obtained by Buhari The Senate began legislative activities last Monday with the inauguration of a nine-member ad hoc committee to interrogate the disbursement and usage of the 30 trillion Ways and Means loan obtained by the administration of former President Muhammadu Buhari from the Central Bank of Nigeria (CBN). … Read more