Abuja, June 29, 2024 – The Federal Government has denied that it is running four budgets in 2024.
The allegation was denied by Temitope Ajayi, a Senior Special to President Tinubu on Media and Publicity, through a post on X handle on Saturday.
He was responding to allegation by Peter Obi , the Presidential Candidate of Labour Party in 2023 elections that the federal government was running four budgets concurrently.
Ajayi wrote: “Yesterday, @BudgITng raised a false alarm on the basis of rumours that FG is planning a 2024 supplementary budget.
“It is important to state that the FG is not planning to run 4 budgets within a fiscal year as being alleged.
“The National Assembly only approved that implementation of the capital components of 2023 budget and 2023 supplementary should be extended to December 2024 to achieve its objectives.
“Our country can’t achieve sustainable development when Federal, States and Local governments focus on only consumptive expenditures which is essentially what recurrent expenditures represent.”
