PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).
The Socio-Economic Rights and Accountability Project (SERAP) has called on Senate President Godswill Akpabio and House Speaker Tajudeen Abbas to reduce the proposed budgets for the presidency and the National Assembly, citing concerns over unnecessary spending amid Nigeria’s economic challenges.
In a letter dated December 21, 2024, and signed by its Deputy Director, Kolawole Oluwadare, SERAP criticised the N9.4 billion allocated for the presidency’s travels, meals, and catering, as well as the N344.85 billion proposed for the National Assembly.
The organisation urged the leaders to channel the savings towards addressing Nigeria’s budget deficit and improving public services.
The group demanded that the National Assembly provide a detailed breakdown of its budget, including personnel costs and lawmakers’ salaries and allowances.
It also called for a probe into ministries, departments, and agencies (MDAs) allegedly implicated in the mismanagement of public funds, as highlighted in the 2021 Auditor-General’s report.
SERAP further urged President Bola Tinubu to submit a revised supplementary budget that reflects reduced spending by both the presidency and the legislature.
The proposed 2025 budget, totalling N47.9 trillion, includes N8.74 billion for local and international travels by President Tinubu and Vice President Kashim Shettima.
According to SERAP, N7.01 billion of this is allocated for the President’s Office, while N1.73 billion is earmarked for the Vice President.
Other proposed expenditures include: foodstuff and catering: N546 million, refreshments and meals: N71 million and honorarium and sitting allowances: N87.5 million.
SERAP noted an increase in the presidency’s allocation for fixed asset repairs, rising from N14 billion in 2024 to N26 billion in 2025.
The group highlighted provisions of the 1999 Constitution, which require the government to prioritise citizens’ welfare and ensure efficient use of public resources. SERAP argued that approving excessive budgets for the presidency and lawmakers would breach constitutional obligations.
Should the National Assembly fail to act, SERAP warned it would consider legal measures to compel lawmakers to meet their fiduciary and oversight responsibilities.
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