Sunrise News
Advertisement
Friday, July 4, 2025
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
Sunrise News
No Result
View All Result
Home News

BudgIT: ‘Nigeria a scene of corruption’ – Peter Obi on N70trn budget fraud

Editor Sunrise by Editor Sunrise
May 21, 2025
in News
0
Peter Obi
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The Labour Party’s standard bearer in the 2023 election, Peter Obi, Peter Obi has decried the relentless scene of corruption that Nigeria has become.

Reacting to the huge N70 trillion budget fraud uncovered by the BudgIT in the 2025 federal budget, Obi said Nigeria remains a relentless scene of corruption.

Also Read
Real Madrid’s midfielder to miss derby due to appendix surgery

However, a statement by Ibrahim Umar, the spokesman of POMR, quoted Obi as saying: “I have consistently maintained that for this country to make progress, Nigeria must cease to function as a crime scene and be repositioned for genuine development.

“This entrenched corruption – persistent and deeply rooted – must be nipped in the bud if there is to be any meaningful turnaround.

“How else can we explain the distressing revelations by BudgIT, which uncovered a staggering ₦7 trillion in questionable projects inserted into the 2025 national budget? I am convinced that this figure represents only a fraction of the actual amount misappropriated. These findings are deeply troubling and confirm my long-held position that we have turned our country into a crime scene. We must urgently and aggressively combat corruption, misappropriation, and fiscal recklessness to manage our resources effectively and efficiently, and invest in critical areas of development: health, education, and lifting our people out of poverty.

Also Read
No plan to regulate social media, says NCC

“The ₦7 trillion uncovered as fraudulently inserted into the 2025 budget is even greater than the combined allocations to the Ministry of Health, Ministry of Education, Ministry of Humanitarian Affairs and Poverty Alleviation, and the Ministry of Agriculture – ministries that are fundamental to national development.

“To be precise: The Ministry of Education was allocated ₦3.52 trillion, The Ministry of Health received ₦2.48 trillion, The Ministry of Humanitarian Affairs and Poverty Alleviation was allocated ₦260 billion, and the Ministry of Agriculture and Food Security received ₦636.08 billion.

Also Read
Why Lil Kesh didn’t upload Gasky’s video on Instagram –Manager

“Combined, these four ministries were allocated ₦6.896 trillion—an already inflated amount—yet still less than the ₦7 trillion dubiously inserted into the budget.

“That ₦7 trillion figure is even more than the ₦6.1 trillion allocated to national security—at a time when Nigeria is among the most terrorised nations in the world.

“This brazen impunity by our leaders is precisely why the country cannot invest adequately in education, in the face of the existence of nearly 20 million out-of-school children. It is the same corruption that has crippled primary healthcare, resulting in alarming levels of malnourished children. We face widespread hunger, yet our leaders neglect agricultural investment due to persistent mismanagement and a lack of accountability. The same disregard affects our capacity to fund national security effectively, or to support Micro, Small, and Medium Enterprises (MSMEs), which are vital to national growth.

Also Read
Bisi Olatilo, other express shock over death of Ras Kimono’s wife

“These glaring acts of corruption reinforce my position: Nigeria has been reduced to a crime scene.

“We must confront this corruption, misappropriation, and fiscal recklessness with unwavering resolve. Our national resources must be transparently managed and strategically invested in key sectors—health, education, and poverty alleviation—to secure a better future for our people. We must turn this nation around. A new Nigeria is POssible.”

Share this:

  • Click to share on X (Opens in new window)X
  • Click to share on Facebook (Opens in new window)Facebook
Previous Post

2027: ‘So they can resume killing’ – Omokri knocks El-Rufai over ‘send Tinubu back to Lagos’ comment

Next Post

2027: El-Rufai confirms Peter, Atiku coalition, says Tinubu going back to Lagos

Editor Sunrise

Editor Sunrise

Related Posts

Natasha
News

BREAKING: Court finds Senator Natasha guilty of contempt, fines her N5m

July 4, 2025
Tinubu
News

ADC coalition, alliance of displaced politicians, says Presidency

July 4, 2025
NRC reassures Offa of train service restoration before end of year
News

NRC reassures Offa of train service restoration before end of year

July 3, 2025
Next Post
El-rufai

2027: El-Rufai confirms Peter, Atiku coalition, says Tinubu going back to Lagos

PlusWorldPlusWorldPlusWorld

You might have missed this

  • Experts List Seven Benefits Of Breast Sucking To Women

    Experts List Seven Benefits Of Breast Sucking To Women

    0 shares
    Share 0 Tweet 0
  • Nigerian Staff of popular Chinese phone company threaten strike, accuse bosses of maltreatment

    0 shares
    Share 0 Tweet 0
  • Food Safety: NAFDAC, Ministry of Health partners NGO…gives five safer food keys

    0 shares
    Share 0 Tweet 0
  • NRC signs MOU with 4 Polytechnic, varsity on railway engineering training

    0 shares
    Share 0 Tweet 0
  • Full list of chairmen/vice chairmen for 20 local governments and 37 LCDAs in Lagos State

    0 shares
    Share 0 Tweet 0
  • Super Eagles Legend Peter Rufai is dead

    0 shares
    Share 0 Tweet 0
  • Liverpool Star Diogo Jota Dies in Car Accident

    0 shares
    Share 0 Tweet 0
  • Beneficiaries of past misgovernance desperate to malign Tinubu led gov’t will fail—Dr. Adefuye

    0 shares
    Share 0 Tweet 0
  • TCAN to hold 2025 Transportation Summit in Lagos

    0 shares
    Share 0 Tweet 0
  • QuicktellerBusiness woos businesses to move over to platform

    0 shares
    Share 0 Tweet 0

Recent News

Transportation ministry to partner Kaduna govt for sustainable development land transport sector

Transportation ministry to partner Kaduna govt for sustainable development land transport sector

July 4, 2025
Natasha

BREAKING: Court finds Senator Natasha guilty of contempt, fines her N5m

July 4, 2025
Super Eagles Legend Peter Rufai is dead

Peter Rufai gave his all for Nigeria — Peter Obi

July 4, 2025
Tinubu

ADC coalition, alliance of displaced politicians, says Presidency

July 4, 2025
Sunrise News

© 2025 Sunrise NG

Navigate Site

  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News

Follow Us

No Result
View All Result
  • Breaking News
  • Business
  • Entertainment
  • Columnist
  • Featured
  • Health
  • Politics
  • Sports
  • Trending News
  • World News
  • Yoruba News
  • More

© 2025 Sunrise NG

WhatsApp Sunrise News