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No Budget Transparency- Senator Ningi

Senator Ningi has voiced lack of transparency and accountability

by admin
January 29, 2024
in Politics
101 5
0
No Budget Transparency- Senator Ningi

In a recent development, Senator Ningi has voiced concerns regarding the N3.7 trillion projects listed in the 2024 budget, stating that they are not traceable. According to him, there is a lack of transparency and accountability in the allocation and execution of these projects, which raises questions about their implementation and impact on the Nigerian people.

Senator Ningi has emphasized the need for proper documentation and tracking of these projects to ensure that they are effectively executed and deliver the intended benefits to the citizens. He has called for increased scrutiny and oversight to prevent misappropriation of funds and ensure that the allocated resources are utilized for their intended purposes.

The senator’s insistence on the traceability of these projects reflects his commitment to promoting good governance and fiscal responsibility. He highlights the importance of transparency in the budgeting process, as it fosters public trust and confidence in the government’s ability to efficiently manage public funds.

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It is crucial for the government to address these concerns raised by Senator Ningi and provide the necessary documentation and information regarding the allocated projects. Transparency and accountability are essential pillars of good governance, and ensuring the traceability of budgeted projects is an important step towards achieving these goals.

As the budget implementation progresses, it is imperative for relevant government agencies to provide regular updates and reports on the execution of these projects. This will help foster transparency, enhance public participation, and ensure that the allocated resources are utilized effectively, ultimately leading to the socio-economic development of Nigeria.

In conclusion, Senator Ningi’s insistence on the traceability of the N3.7 trillion projects in the 2024 budget highlights the need for transparency and accountability in the allocation and execution of public funds. It is essential for the government to address these concerns and provide the necessary documentation to ensure that the projects are effectively implemented for the benefit of the Nigerian people.

Tags: economic growth
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