ThisDay· 1h ago· 1 min read
As Nigeria's budgets grow bigger, so do allegations of padding, raising fresh doubts about implementation and accountability, writes Festus Akanbi
The annual budget is the most important economic policy document of any government. It translates policy priorities into roads, schools, hospitals, security, power projects and other public services. Yet, in Nigeria, the budget has increasingly become a source of controversy rather than confidence. Instead of serving as a development blueprint, successive appropriation exercises have been dogged by allegations of budget padding, opaque project insertions, duplication of expenditures and questionable constituency allocations.
Those concerns have resurfaced as the National Assembly scrutinises the proposed N58.47 trillion 2026 budget, raising fresh questions about whether Nigeria's budgeting framework promotes development or merely…
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