Skip to content
Plus234Feed

Atiku Criticizes Tinubu Over N22.15 Billion Palace Funds

Politics

Atiku Abubakar has condemned Bola Ahmed Tinubu regarding a N22.15 billion allocation for the renovation and furnishing of 106 palaces across Nigeria. This allocation has sparked concerns about government spending priorities, especially given a N31.45 trillion budget deficit and pressing needs in health and education.

A report by Tracka, an initiative of the BudgIT Foundation, revealed that many of the palace projects lack identifiable locations, making oversight difficult. Furthermore, none of the 45 Ministries, Departments, and Agencies (MDAs) involved have the legal authority to execute these projects.

The federal government has funneled funds through unrelated institutions, such as the Federal Cooperative College in Ibadan, which received N2.661 billion for community halls and palaces, and the Sheda Science and Technology Complex in Abuja, which was allocated N1.54 billion for palace modernization. Other allocations include N3.92 billion to the Nigerian Building and Road Research Institute for various palace projects.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

Read full article

Continue on Daily Trust

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.