The Network Against Corruption and Transparency (NACAT), a Nigerian anti-corruption organization, has raised concerns over a proposed N26 billion budget for 2025 linked to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The group has called for a thorough review by the Economic and Financial Crimes Commission (EFCC), citing irregularities in fund allocation, particularly for staff travel and training, and stressing the need for greater transparency in public financial management.
These concerns were brought forward during a press conference in Abuja on Wednesday, where NACAT’s Executive Director of Investigation, Fejiro Oliver Tega, and Operations Manager, Stanley Ugagbe, urged President Bola Ahmed Tinubu to prioritize fiscal accountability. They also called for the National Assembly to hold a public hearing to scrutinize the budget before it is passed.
NACAT pointed out that the budget allocates a significant portion—N26 billion—for local and international travel and training. The organization suggested that these expenses could be optimized and proposed an alternative plan that could potentially save the nation N16 billion.
Additionally, NACAT announced plans to formally request the EFCC to review the matter, reaffirming its commitment to ensuring responsible use of public funds.
