* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, January 24, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Live Nation Entertainment Stock Surges Ahead, Outperforming Competitors on a Strong Trading Day

    Celebrate Valentine’s Weekend with Dinner, Dancing & Live Entertainment for a Magical Night of Romance Under the Lights

    Massachusetts Financial Services Co. Offloads 187,494 Shares of Tencent Music Entertainment Group

    Why Netflix’s Long-Form Entertainment Is Shaping the Future of the Industry, According to Media Mogul Tom Rogers

    From Horror Hit to Global Sensation: The Rise of Mob Entertainment’s Thriving Transmedia Empire

    Everything We Know So Far About National Harbor’s “Mini Sphere” – washingtonian.com

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    How Restaurant Technology Is Transforming the Way Businesses Adapt to Hybrid Work Demand Fluctuations

    Tech Edge: A Living Playbook for America’s Technology Long Game – CSIS | Center for Strategic and International Studies

    Heartland Community College to offer state’s first hybrid diesel technology program – centralillinoisproud.com

    SAP’s Market Value Plummets by $130 Billion as AI Fears Shake the Software Industry

    Inside the Minds of the Visionary Healthcare Technology CEOs Shaping 2025

    Carba Unveils Groundbreaking Technology at Burnsville Facility

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Live Nation Entertainment Stock Surges Ahead, Outperforming Competitors on a Strong Trading Day

    Celebrate Valentine’s Weekend with Dinner, Dancing & Live Entertainment for a Magical Night of Romance Under the Lights

    Massachusetts Financial Services Co. Offloads 187,494 Shares of Tencent Music Entertainment Group

    Why Netflix’s Long-Form Entertainment Is Shaping the Future of the Industry, According to Media Mogul Tom Rogers

    From Horror Hit to Global Sensation: The Rise of Mob Entertainment’s Thriving Transmedia Empire

    Everything We Know So Far About National Harbor’s “Mini Sphere” – washingtonian.com

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    How Restaurant Technology Is Transforming the Way Businesses Adapt to Hybrid Work Demand Fluctuations

    Tech Edge: A Living Playbook for America’s Technology Long Game – CSIS | Center for Strategic and International Studies

    Heartland Community College to offer state’s first hybrid diesel technology program – centralillinoisproud.com

    SAP’s Market Value Plummets by $130 Billion as AI Fears Shake the Software Industry

    Inside the Minds of the Visionary Healthcare Technology CEOs Shaping 2025

    Carba Unveils Groundbreaking Technology at Burnsville Facility

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Budget padding: NASS has right to increase national budget, Bagudu insists

March 15, 2024
in Business
Budget padding: NASS has right to increase national budget, Bagudu insists
Share on FacebookShare on Twitter

Atiku Bagudu, the minister of budget and national economic planning, has said that the National Assembly did no wrong with its insertions of new projects in the 2024 budget, stating that it has the right to do so.

The Minister stated this during a press briefing in Abuja on Thursday. He explained that the insertion of new line items in the budget to provide some dedicated projects to their constituency by the National Assembly has been ongoing since 1999.

Read also:National Assembly inserted 7,447 projects worth ₦2.2trn in 2024 budget — BudgIT

This is as BudgIT, a civic-tech non-profit organisation, on the heels of controversy stirred up by budget padding allegations made by Senator Abdul Ningi, called for a judicial pronouncement on the scope of the powers of the National Assembly in the constitution, especially as it regards the authority to arbitrarily insert new capital projects in the annual budget.

Speaking to the press Bagudu said, “The president submitted a budget to the tune of N27.5 trillion and the National Assembly in its wisdom increased it to N28.7 trillion. When we presented the budget, it was at an exchange rate of N750 to a dollar but the assembly increased it to N800 to a dollar.

Read also:Akpabio says Senate’s integrity “totally damaged” by budget padding allegation

“That created more revenue, the assembly also appropriated that the Government Owned Enterprises contribute more revenue. Then there was the increase of the budget for the judiciary, legislator and executive.

“The President in signing the 2024 appropriation acknowledged that in democracy, institutions have their power and the National Assembly has the last word.

“We read media reports about projects which were beyond what was submitted by the executive in a proposal. That is quite the case in a democracy that is evolving with a lot of demand. All elected persons, particularly those in the legislation are elected by constituency and they make a lot of demand. This is not an unusual phenomenon and they are under pressure to respect the wishes of their people by ensuring part of the public spending in a year affects the community.

“The evolution of constitutional projects and projects by national assembly members which did not begin now but begin since 1999 is a reflection of the challenge that elected persons are facing.”

Read also:Budget padding scandal puts Senate under scrutiny

He explained that there has been a long debate on the powers of the executive and the national assembly, adding the issue was yet to be resolved.

“So what is the power of the National Assembly as regards the budget, there is no supreme court judgment and the choice of our democracy is that the national assembly has the last word. Even when they passed an appropriation that assent is refused, after 30 days it becomes law. Do they have the right to increase a budget line, I will say yes,” he said.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Businessday.ng – https://businessday.ng/news/article/budget-padding-nass-has-right-to-increase-national-budgetbagudu-insist/

Tags: budgetbusinesspadding
Previous Post

FG releases N100bn Consumer Credit Fund for manufacturers

Next Post

BudgIT seek judicial interpretation of Senate powers to adjust National budget

Living Walls Transform Cities into Safe Havens for Urban Wildlife and Boost Biodiversity

January 24, 2026

ROSES-25 Amendment 40: Exoplanets Research Program Step-2 Deadline Extended to February 2, 2026

January 24, 2026

Authors Awarded $10,000 Prizes for Masterfully Blending Science and Literature

January 24, 2026

On ice, on trend: Fashion brands chase gold at Milan-Cortina 2026 – nypost.com

January 24, 2026

How Restaurant Technology Is Transforming the Way Businesses Adapt to Hybrid Work Demand Fluctuations

January 24, 2026

Giants Shake Up the Game with Bold Acquisition of Nationals Shortstop CJ Abrams

January 24, 2026

Women’s World Cup Giant Slalom: Complete Start List and Viewing Guide for Špindlerův Mlýn

January 23, 2026

Global Leaders Reveal the Unexpected Strength of the World Economy

January 23, 2026

Live Nation Entertainment Stock Surges Ahead, Outperforming Competitors on a Strong Trading Day

January 23, 2026

Health headlines – news8000.com

January 23, 2026

Categories

Archives

January 2026
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Dec    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,037)
  • Economy (1,053)
  • Entertainment (21,932)
  • General (19,501)
  • Health (10,095)
  • Lifestyle (1,069)
  • News (22,149)
  • People (1,063)
  • Politics (1,070)
  • Science (16,271)
  • Sports (21,556)
  • Technology (16,039)
  • World (1,045)

Recent News

Living Walls Transform Cities into Safe Havens for Urban Wildlife and Boost Biodiversity

January 24, 2026

ROSES-25 Amendment 40: Exoplanets Research Program Step-2 Deadline Extended to February 2, 2026

January 24, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version