The facts about the 2024 budget – FG

Onanuga
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Following the false claims made by Senator Abdul Ningi, representing Bauchi Central, that President Bola Ahmed Tinubu-led Federal Government is operating two versions of the 2024 budget, we consider it appropriate to inform Nigerians that there is no truth whatsoever in the allegation. Acting under the banner of Northern Senators’ Forum, Senator Ningi, falsely claimed in an interview he granted BBC Hausa Service, that the National Assembly debated and passed N25 Trillion as 2024 budget and not the N28.7 Trillion that is being implemented by the Federal Government.

To begin with, President Tinubu on November 29, 2023 presented a budget of N27.5 Trillion to the joint session of the National Assembly made up of N9.92 Trillion recurrent expenditure, Debt Service N8.25 Trillion and Capital Expenditure N8.7 Trillion. This was widely reported. He did not present a budget of N25 Trillion. Contrary to the strange view expressed by Senator Ningi, there was no way the Senate could have debated and passed a N25 Trillion budget that was not presented to the National Assembly. We don’t expect a ranking Senator not to pay due attention to details before making wild claims.

It is also important to let Nigerians know that the budget that President Tinubu signed into law on January 1, 2024 as passed by the National Assembly was N28.7 Trillion. The National Assembly, in its wisdom, increased the amount proposed by the Executive by N1.2 Trillion. In the spirit of democracy which allows give and take, President Tinubu didn’t withhold his assent to the Appropriation Bill as passed by the National Assembly. We want to stress that if the budget figure was increased and made to be different from what the Executive proposed, it was the National Assembly that jacked it up in exercise of its power of appropriation.

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On the uncharitable claim that the 2024 budget was anti-North, we found such position as canvassed by Senator Ningi as too far-fetched and unbecoming of a leader of his status. President Tinubu is leading a government that is fair and equitable to every part and segment of Nigeria. In terms of funding, distribution of capital and priority projects, the 2024 Appropriation Act was not skewed against any section of the country. The North as an integral part of the country is well covered in all areas, from security to agriculture, healthcare to education, and other important infrastructure such as roads, rail, dams, power and irrigation projects to support all year-round agriculture.

It is concerning that a Senator of the Federal Republic of Nigeria can employ such primordial antics to fuel divisive rhetoric at a time well-meaning Nigerians are joining hands with President Tinubu to raise the spirit of national cohesion, unity and inclusive politics. We want to use this opportunity to commend Senator Yemi Adaramodu, Chairman Senate Committee on Media and Publicity for setting the record straight. We also commend Senators Steve Sunday Karimi (Kogi), Titus Tartenger Zam (Benue) and Kaka Sheu (Borno) for their forthrightness and for coming out against the misrepresentation of facts by Senator Ningi. President Tinubu is a firm believer in the rule of law and constitutional democracy. As an avowed democrat, he will not engage and indulge in any unconstitutional action or act in any manner that assaults the Constitution of Nigeria by operating any budget outside the one approved by the National Assembly, which he dutifully signed into law.

We want to state categorically that the only 2024 budget that is being implemented is the N28.7 Trillion budget passed by the National Assembly and signed by the President. Included in the budget are statutory transfers to the Judiciary, National Assembly, Tetfund and others.

Bayo Onanuga Special Adviser to the President on Information & Strategy March 10, 2024

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sanya-onayoade

Sanya Onayoade

Continental Editor, North America

SANYA ONAYOADE is a graduate of Mass Communication and a Master of Communication Arts degree holder from the University of Ibadan. He has attended local and international courses on Media, Branding, Public Relations and Corporate Governance in many institutions including the University of Pittsburgh; Reuters Foundation of Rhodes University, South Africa and Lagos Business School. He has worked in many newspaper houses including The Guardian and The Punch. He was the pioneer Corporate Affairs Manager of Odua Telecoms Ltd, and later Head of Business Development and Marketing of Nigerian Aviation Handling Company (NAHCO Plc).

He has led business teams to several countries in the US, Asia and Europe; and was part of an Aviation investment drive in West Africa. He has also driven media and brand consultancy for a few organizations such as the British Council, Industrial Training Fund, PKF Audit/Accounting Firm and Nigeria Stability and Reconciliation Programme. He is a Fellow of Freedom House, Washington DC, and also Fellow of Institute of Brand Management of Nigeria. Sanya is a member of Nigerian Institute of Public Relations (NIPR), Advertising Practitioners Council of Nigeria (APCON) and Project Management Institute (PMI). He is a 1998 Commonwealth Media Awards winner and the Author of A Decade Of Democracy.
Morak Babajide-Alabi

Morak Babajide-Alabi

Continental Editor, Europe

Morak Babajide-Alabi is a graduate of Mass Communication with a Master of Arts Degree in Journalism from Napier University, Edinburgh, United Kingdom. He is an experienced Social Media practitioner with a strong passion for connecting with customers of brands.

Morak works as part of a team currently building an e-commerce project for the Volkswagen Group UK. Before this, he worked on the social media accounts of SKODA, Audi, SEAT, CUPRA, Volkswagen Passenger Cars, and Volkswagen Commercial Vehicles. In this job, he brought his vast experience in journalism, marketing, and search engine optimisation to play to make sure the brands are well represented on social media. He monitored the performance of marketing campaigns and data analysis of all volumes of social media interaction for the brands.

In his private capacity, Morak is the Chief Operating Officer of Syllable Media Limited, an England-based marketing agency with head office in Leeds, West Yorkshire. The agency handles briefs such as creative writing, ghostwriting, website designs, and print and broadcast productions, with an emphasis on search engine optimisation. Syllable Media analyses, reviews, and works alongside clients to maximise returns on their businesses.

Morak is a writer, blogger, journalist, and social media “enthusiast”. He has several publications and projects to his credit with over 20 years of experience writing and editing for print and online media in Nigeria and the United Kingdom.

Morak is a dependable team player who succeeds in a high-pressure environment. He started his professional career with the flagship of Nigerian journalism – The Guardian Newspapers in 1992 where he honed his writing and editing skills before joining TELL Magazine. He has edited, reported for, and produced newspapers and magazines in Nigeria and the United Kingdom. Morak is involved in the development of information management tools for the healthcare sector in Africa. He is on the board of DeMiTAG HealthConcepts Limited, a company with branches in London, Lagos, and Abuja, to make healthcare information available at the fingertips of professionals. DeMiTAG HealthConcepts Limited achieved this by collaborating with notable informatics companies. It had partnered in the past with Avia Informatics Plc and i2i TeleSolutions Pvt.

Out of work, Morak loves walking and also volunteers on the board of a few UK Charity Organisations. He can be reached via http://www.syllablemedia.com
Ademola-Akinbola

Ademola Akinbola

Publisher/Editor-in-Chief

Brief Profile of Ademola Akinbola

Ademola AKINBOLA is an author, publisher, trainer, digital marketing strategist, and a brand development specialist with nearly three decades of experience in the areas of branding, communication, corporate reputation management, business development, organizational change management, and digital marketing.

He is the Founder and Head Steward at BrandStewards Limited, a brand and reputation management consultancy. He is also the Publisher of The Podium International Magazine, Ile-Oluji Times, and Who’s Who in Ile-Oluji.

He had a successful media practice at The Guardian, Punch and This Day.

He started his brand management career at Owena Bank as Media Relations Manager before joining Prudent Bank (now Polaris Bank) as the pioneer Head of Corporate Affairs.

The British Council appointed him as Head of Communication and Marketing to co-ordinate branding and reputation management activities at its Lagos, Abuja, Kano and Port Harcourt offices.

In 2007, he was recruited as the Head of Corporate Planning and Strategy for the Nigerian Aviation Handling company. He led on the branding, strategic planning and stakeholder management support function.

His job was later expanded and redesigned as Head of Corporate Communication and Business Development with the mandate to continue to execute the Board’s vision in the areas of Corporate Planning and Strategy, Branding and New Businesses.

In 2010, he voluntarily resigned from nacho aviance to focus on managing BrandStewards, a reputation and brand management firm he established in 2003. BrandStewards has successfully executed branding, re-branding and marketing communication projects for clients in the private and public sectors.

Ademola obtained a M.Sc. Degree in Digital Marketing & Web Analytics from Dublin Institute of Technology in 2016, and the Master of Communication Arts degree of the University of Ibadan in 1997. He had previously obtained a Higher National Diploma (with Upper Credit) in Mass Communication from Ogun State Polytechnic, Abeokuta.

He has published several articles and authored five management books.

He has benefitted from several domestic and international training programmes on Brand Management, Corporate Communications, Change Management and Organizational Strategy.
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