A Civil Society Organisation, the Anti-Corruption Network has said that 60 per cent of corruption issues in Nigeria are built and legalised in the nation’s budgetary system.
The group alleged that the proposed 2022 budget for the presidency and other agencies were laced with fake items running into billions aimed at defrauding the citizens.
Speaking in Abuja, the Executive Secretary of ACN, and former Chairman, Senate Committee on Federal Capital Territory, Dino Melaye maintained that budget fraud is the real foundation of all corrupt practices in the country.
President Muhammadu Buhari had in October presented a budget of N16.39 trillion for the year 2022 to the Joint Session of the National Assembly.
Melaye described as most unfortunate that the nation’s collective wealth had been consistently looted under the guise of budget padding, which he said now calls for serious scrutiny.
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