President Muhammadu Buhari vowed late Tuesday that all those involved in the “padding” of the 2016 National Budget will face the most severe punishment.
Addressing the Nigerian Community in Saudi Arabia, President Buhari condemned the distortion of the budget proposals by entrenched interests.
The president said the “unauthorised alterations” had completely changed the document from the one he presented to the National Assembly, a statement by presidential spokesperson, Femi Adesina, said.
“The culprits will not go unpunished. I have been a military governor, petroleum minister, military Head of State and headed the Petroleum Trust Fund.
“Never had I heard the words ‘budget padding’. Our Minister of Budget and National Planning did a great job with his team. The Minister became almost half his size during the time, working night and day to get the budget ready, only for some people to pad it.
“What he gave us was not what was finally being debated. It is very embarrassing and disappointing. We will not allow those who did it to go unpunished,” President Buhari vowed.
The 2016 budget has been steeped in controversy after several reports revealed inflated allocation of funds and multibillion naira phoney subheads smuggled into the budget.
The president also assured members of the Nigerian community that his administration was working diligently to fulfil its campaign promises, particularly on security, unemployment, and corruption.
Reaffirming his government’s zero tolerance for corruption, President Buhari said that the war against corruption was a monumental task that he was determined to tackle successfully.
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