Setting the records straight!  

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Africa (Commonwealth Union) _ The Presidency has responded to the claims made by Senator Abdul Ningi regarding the 2024 budget, denouncing them as false and clarifying the facts surrounding the budget presentation and approval process. Bayo Onanuga, Special Adviser to the President on Information & Strategy, provided a detailed statement to address the misinformation propagated by Senator Ningi. 

Onanuga affirmed that President Bola Ahmed Tinubu presented a budget of N27.5 Trillion to the National Assembly on November 29, 2023, which comprised specific allocations for recurrent expenditure, debt service, and capital expenditure. This figure was widely reported, and there was no presentation of a N25 Trillion budget. 

The statement refuted Senator Ningi’s assertion that the National Assembly debated and passed a N25 Trillion budget, clarifying that the budget signed into law by President Tinubu on January 1, 2024, was N28.7 Trillion. This figure included an increase of N1.2 Trillion proposed by the National Assembly, demonstrating its power of appropriation. 

Regarding allegations of bias against the North in the budget, Onanuga emphasized that President Tinubu’s government is fair and equitable to all regions of Nigeria. The budget allocations cover various sectors and infrastructure projects aimed at benefiting every part of the country. 

The statement issued strong criticism towards Senator Ningi’s divisive language, while commending fellow senators for rectifying any misinformation. It reiterated President Tinubu’s unwavering commitment to upholding the rule of law and constitutional democracy, underscoring that only the approved N28.7 Trillion budget by the National Assembly is being implemented. This declaration serves as a testament to the government’s steadfast adherence to democratic principles and transparent governance. It emphasizes the importance of accurate information dissemination and responsible rhetoric in fostering unity and progress within the nation. 

In conclusion, Onanuga emphasized that the Presidency remains committed to transparency and adherence to constitutional processes, dismissing any claims of operating multiple versions of the 2024 budget. 

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Official Public Notice: Fraudulent Use of the “Commonwealth Union” Name

It has come to our attention that certain individuals and entities have been fraudulently using the name “Commonwealth Union Cryptocurrency Limited” and circulating forged documents—sourced without authorization from publicly available filings on the UK Companies House website—to misrepresent an affiliation with the Commonwealth Union, its subsidiaries, or any associated companies. We categorically and unequivocally disavow and condemn these activities.

We have identified that these actors have been promoting scams and pyramid-style schemes across various social media platforms, including TikTok and Telegram. These schemes falsely claim, among other things, that they:
• Hire individuals as “TikTok promoters” with purported daily payments of £175;
• Provide £20 daily check-in bonuses and £50 referral rewards;
• Require victims to register on fraudulent websites such as hdbtccof.com and other imitation platforms.

Any job offer, contract, certificate, website, or digital communication using the Commonwealth Union name in connection with these schemes is entirely fake.
For absolute clarity:
• We do not recruit through unsolicited WhatsApp, Telegram, or social-media messages.
• We do not pay individuals to create or post TikTok videos.
• We do not ask anyone to deposit money to “activate” an account, unlock earnings, or participate in any investment programme.
• Our legitimate services are conducted exclusively through our official and publicly listed platforms and communication channels.

If you have been approached by anyone claiming to represent “Commonwealth Union,” “Commonwealth Union Cryptocurrency Limited,” or any purported affiliate or subsidiary for the purpose of offering jobs, investments, referral payments, or cryptocurrency-related opportunities, you are strongly advised to treat such contact as fraudulent. Do not send money or provide personal information under any circumstances.

These criminal actors are deliberately misappropriating our name, as well as those of other unaware Companies, forging documents and certificates, and unlawfully reproducing our branding in order to operate completely fraudulent social media promoter and cryptocurrency investment schemes.

If you wish to verify any claim of affiliation or have concerns regarding suspicious communications, please contact us directly at info@commonwealthunion.com.
The Commonwealth Union remains committed to integrity, transparency, and the protection of the public from deceptive and unlawful behaviour.

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