The Socio-Economic Rights and Accountability Project (SERAP) has issued a strong call for fiscal responsibility to the Nigerian government, urging significant cuts to the proposed budgets for the Presidency and the National Assembly. Citing Nigeria’s escalating budget deficit and the pressing need for economic stability, SERAP argues that the substantial allocations for travel, meals, catering, and legislative expenses represent a misallocation of public funds. The organization specifically targets the N9.4 billion earmarked for Presidential expenses and the N344.85 billion allocated to the National Assembly, advocating for their redirection towards more critical national needs.
In a formal letter addressed to Senate President Godswill Akpabio and House Speaker Tajudeen Abbas, SERAP demands a revised supplementary appropriation bill from President Bola Tinubu, reflecting reduced budgetary figures for both branches of government. They contend that approving such extravagant spending in the face of the country’s economic challenges constitutes a breach of the Nigerian Constitution and a betrayal of public trust. The organization emphasizes the lawmakers’ constitutional obligation to prioritize the welfare of Nigerians and act as responsible stewards of public resources.
SERAP’s critique extends beyond the sheer magnitude of the proposed budgets to encompass concerns about transparency and accountability. They demand a detailed breakdown of the National Assembly’s N344.85 billion allocation, specifying how much is designated for personnel costs, salaries, and allowances. This demand stems from a belief that transparency is crucial for holding public officials accountable and preventing potential misuse of funds. Furthermore, they urge the legislature to summon heads of ministries, departments, and agencies (MDAs) implicated in financial mismanagement highlighted in the 2021 audit report by the Office of the Auditor-General. This action, SERAP argues, is essential for addressing systemic corruption within government bodies and ensuring that public funds are used effectively.
The organization highlights specific instances of what they consider excessive spending. For example, they point to the significant increase in the budget for “rehabilitation and repairs of fixed assets,” which jumped from N14 billion in 2024 to N26 billion in 2025. They also question the proposed N8.74 billion allocation for domestic and international travel for the President and Vice President, along with other expenditures like N546.2 million for catering and refreshments. These expenditures, SERAP argues, appear extravagant and insensitive to the economic hardships faced by many Nigerians, especially in the context of a growing public debt crisis.
SERAP’s overarching argument rests on the principle of fiscal responsibility and the need for government officials to prioritize the well-being of citizens. They contend that cutting wasteful spending is not merely a matter of good governance but a constitutional imperative. The organization emphasizes the importance of aligning budgetary allocations with the nation’s economic realities and directing resources towards areas that directly benefit the populace. They warn that failing to do so undermines public trust and exacerbates the existing economic challenges.
In their concluding appeal, SERAP urges the Senate President and House Speaker to demonstrate leadership by embracing fiscal prudence and setting an example for other public officials. They argue that reducing unnecessary spending is a crucial step towards addressing the budget deficit and debt burden, ultimately contributing to a more stable and prosperous future for Nigeria. By heeding SERAP’s call, the government can demonstrate its commitment to serving the public interest and upholding the principles of accountability and responsible governance.
