Unbelievable Secret Exposed!! Big SHOCKER For Nigerians, See How Tinubu Spends Nigeria Money Secretly Amid Other Unspeakable Deeds
The administration of President Bola. Tinubu has failed to publish budget performance reports since taking office in May 2023, a clear violation of the Fiscal Responsibility Act and a departure from the transparency norms established by previous governments. This secrecy in expenditure raises significant concerns about accountability and the management of public funds, perpetuating the challenges of corruption and mismanagement that have long plagued Nigeria.
Budget performance reports are a crucial tool for promoting transparency and accountability in government expenditure. These reports provide citizens with valuable. insights into how the government is spending their money and allocating public funds, enabling stakeholders to demand answers on the management of public resources. Historically, budget performance reports have been published regularly, with some exceptions, showcasing the government’ s commitment to transparency and accountability.
However, the Tinubu administration’ s refusal to publish these reports is a stark contrast to the transparency exhibited by previous governments. From 2009 to 2014, reports were published consistently, with a few quarters missing in some years. From 2015 to 2022, all four quarters were published annually, except in 2020 when only three quarters were published. The sudden departure from this norm raises questions about the government’ s intentions and commitment to transparency
The Fiscal Responsibility Act mandates the Ministry of Finance to publish budget performance reports within 30 days of the end of each quarter. The Tinubu administration’ s failure to comply with this mandate violates the act and undermines accountability in government expenditure. The lack of transparency in government expenditure perpetuates the challenges of corruption and mismanagement, eroding trust in government and undermining the rule of law.
The failure to publish budget performance reports is a concerning development that requires immediate attention. Citizens have a right to know how their funds are being managed, and the government has a responsibility to ensure transparency and accountability in its expenditure. The Tinubu administration must prioritize the publication of budget performance reports to restore transparency and trust in government. This is essential for promoting accountability, reducing corruption, and ensuring that public resources are managed effectively to benefit all Nigerians.
Source
Scooper
