Buhari Vows To Punish Persons Who Padded 2016 Budget



President Muhammadu Buhari has said that all those found wanting in the 2016 budget padding scam will not go unpunished.The President said this while reacting to questions at a meeting with members of the Nigerian Community in Saudi Arabia at the Nigerian House in Riyadh on Tuesday evening.

Buhari, who said that he never knew what was budget padding until when the case was reported in the 2016 budget, promised to fish out all those involved in the act with a view to sanctioning them to serve as deterrent to others.

He announced that his administration had introduced a number of policies and programmes aimed at saving the nation’s economy from collapse.

He cited the Treasury Single Account (TSA) and the Zero-based Budget as some of the meaningful financial policies introduced by the Federal Government to check fraud in the system, saying it had started yielding fruitful results.

According to him, the nation has so far realised over N2.6 trillion from the newly introduced TSA.

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