President Tinubu has strongly rejected allegations that the Senate added N3.7 trillion to the 2024 budget, describing the claims as baseless.
Speaking from the State House in Abuja on Thursday, the President stated that the accusers lacked understanding of the budgeting process and the arithmetic involved.
He further emphasized that the integrity of the Senate remains intact.
He lauded the Senate for expediting the budget, and he commended the lawmakers for their work up to this point.
“I know the arithmetic of the budget and the numbers that I brought to the National Assembly, and I know what numbers came back.
“I appreciate all of you for the expeditious handling of the budget. Thank you very much.
“Those who are talking about malicious embellishment in the budget; they did not understand the arithmetic and did not refer to the baseline of what I brought. But your integrity is intact,” he said.
Furthermore, the president noted that the country’s revenue generation has increased under his leadership.
He mentioned that the nation is nearing a turning point in its economic struggles, highlighting that revenue has increased.
He emphasized the importance of expenditure control and better management.
“I am grateful for what you have been doing. The natural challenge we are facing will be over. On the current economic difficulty, we are about turning the corner.
“Our revenue has improved. All we have to do is to control expenditure and manage ourselves better.
“Light is at the end of the tunnel, and Nigerians will soon smile again,” he added.