New Telegraph

BudgIT Seeks Release Of 2024 Intervention Projects Budget Details

BudgIT, through its service delivery promotion platform, Tracka, has called on the Budget Office of the Federation to release budgetary details of the N100 billion Zonal Intervention Project (ZIP) outlined in the 2024 Federal Government Budget.

In a press release, the civic tech non-profit organisation stated that in previous years, the specifics of this section of the Federal Government budget were available on the Budget Office of the Federation’s website for public access, noting, however, that despite President Bola Tinubu signing the budget on January 1, 2024, the detailed allocation of the N100 billion Zonal Intervention Project remains undisclosed.

It also said that the 2023 third and fourth quarter Budget Implementation Reports and Monthly Fiscal Account of the Federal Government, particularly between September 2023 and April 2024, are yet to be published, adding that: “This undermines transparency and accountability as citizens and oversight bodies cannot monitor how public funds are utilised effectively.”

Commenting on the development, BudgIT’s Country Director, Gabriel Okeowo, expressed displeasure over what the statement described as “the unprecedented delay.”

He said: “This is the first time this has happened in ten years. All necessary fiscal documents must be available to the public to ensure an open, transparent, and accountable budget implementation process and enable citizens to monitor and ensure the delivery of these projects, especially in the current economic reality.”

The statement reported him as saying that the implication of not having the aforementioned documents publicly available and accessible is that it will keep citizens uninformed about the government’s fiscal accounts and the budget implementation process, thereby aiding the mismanagement of taxpayer funds, among other anomalies.

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