<p><&sol;p>&NewLine;<div>&NewLine;<p>The <strong>Civil Society Legislative Advocacy Centre &lpar;CISLAC&rpar;<&sol;strong> has voiced serious concerns over <strong>President Bola Ahmed Tinubu’s proposal<&sol;strong> to raise Nigeria’s 2025 budget from ₦49&period;7 trillion to ₦54&period;2 trillion&period;<&sol;p>&NewLine;<p>According to reports&comma; <strong>CISLAC described the move as unprecedented and potentially unconstitutional&period; Speaking in Abuja on Thursday&comma; CISLAC Executive Director Auwal Musa Rafsanjani<&sol;strong> warned that while the budget increase is reportedly backed by additional revenues from key government agencies&comma; it raises significant governance and fiscal management concerns&period;<&sol;p>&NewLine;<p>Rafsanjani&comma; who also leads Transparency International Nigeria&comma; criticized the manner in which the budget increment was introduced&period;<&sol;p>&NewLine;<p>He pointed out that instead of adhering to constitutional requirements by presenting a supplementary appropriation bill&comma; the executive branch merely sent a notification letter to the National Assembly&period;<&sol;p>&NewLine;<p>Citing Section 81&lpar;4&rpar; of the 1999 Constitution&comma; Rafsanjani emphasized that any shortfall in appropriated funds or the need for additional expenditure should be addressed through a formal supplementary budget presented to the National Assembly for approval&period;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;The cited additional revenues were not unexpected&semi; failing to account for them in the initial budget reflects poor fiscal foresight&comma;”<&sol;em> he stated&period;<&sol;p>&NewLine;<h3>Threat to Fiscal Oversight and Rising Debt Burden<&sol;h3>&NewLine;<p>Rafsanjani cautioned that bypassing legislative scrutiny on major budgetary adjustments could undermine Nigeria’s constitutional checks and balances&comma; thereby weakening the National Assembly’s role in fiscal oversight&period;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;This unilateral approach undermines the constitutional principle of checks and balances and sidelines the legislature’s critical role in fiscal oversight&comma;”<&sol;em> he added&period;<&sol;p>&NewLine;<p>He also expressed concern over Nigeria’s growing national debt&comma; warning that the budget increase comes at a time when the country is struggling with soaring debt servicing costs&period;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;In 2025&comma; Nigeria allocated ₦16&period;32 trillion for debt servicing&comma; a steep rise from ₦712 billion in 2014&comma;”<&sol;em> Rafsanjani noted&period; He further highlighted that many debt-financed infrastructure projects remain incomplete or abandoned&comma; citing the Kaduna-Abuja Highway as an example&period;<&sol;p>&NewLine;<p>To promote fiscal sustainability&comma; CISLAC urged the federal government to prioritize internally generated revenue &lpar;IGR&rpar; rather than increasing reliance on external borrowing&period;<&sol;p>&NewLine;<p>The organization recommended that instead of pursuing large-scale&comma; debt-funded projects&comma; the government should focus on smaller&comma; practical infrastructure developments that can be efficiently completed&period;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;CISLAC advises leveraging internally generated revenue to fund smaller&comma; realistic projects that can be completed efficiently&comma; reducing dependence on loans and ensuring tangible benefits for citizens&comma;”<&sol;em> Rafsanjani stated&period;<&sol;p>&NewLine;<p>CISLAC further called for thorough scrutiny of all budgetary allocations to ensure alignment with Nigeria’s fiscal priorities&comma; urging the National Assembly to resist arbitrary budget adjustments that bypass proper legislative processes&period;<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;gistreel&period;com&sol;cislac-warns-of-looming-economic-crisis-over-tinubus-&percnt;E2&percnt;82&percnt;A654-2t-budget-plan&sol;" previewlistener&equals;"true">Source link <&sol;a><&sol;p>&NewLine;

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