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HomeNewsPadding casts doubt on 2016 budget – PDP

Padding casts doubt on 2016 budget – PDP

The Peoples Democratic Party (PDP) has said that the drama in the House of Representatives over the alleged padding of the 2016 budget has put the integrity of the budget to question.

The party also described as depressing that barely one month to the submission of the Medium Term Expenditure Framework (MTEF) for the 2017 budget as required by Fiscal Responsibility Act, debate is still going on the integrity of the 2016 budget.

In a statement yesterday by Deji Adeyanju, Director, New Media, the PDP said the revelations of former Chairman, House of Representatives Committee on Appropriation, Hon. Abdulmumin Jibrin in an interview on Channels Television raised more questions than answers. “The entire ruckus caused by these allegations and counter allegations call the integrity of Budget2016 to question.

This entire budget process has been an absolute fiasco,” the statement noted. PDP recalled that many Nigerians, after a review of President Muhammadu Buhari’s N6. 08 trillion budget, presented to the National Assembly, observed that the budget was full of inflated figures and frivolous allocations.

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According to the party: “The presidency then raised an alarm about insertions into the budget at the National Assembly. The presidency further stated that Mr. President would not sign the budget until ‘it was cleaned up.”

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