| Published Wednesday, 18 July 2018 | 10:53 GMT
Asks NASS to remove N228 bn from the inserted N578 bn for critical projects
By Henry Umoru
ABUJA - President Muhammadu Buhari has written the Senate, requesting for an approval of a supplementary budget/ Virement of N164 billion to fund the 2019 general and presidential elections. President Muhammadu Buhari on Thursday signed an Executive Order to improve his administration’s fight against corruption.
The President said that the N164 billion requested as supplementary is to enable the Independent National Electoral Commission, INEC to commence preparation for the polls. According to the letter which was read by Senate President, Dr. Bukola Saraki, President Buhari explained that the total amount required for the 2019 election is N242 billion. In the letter which was read at plenary Tuesday, President Buhari has asked the National Assembly to remove a total of N228 billion as reinstatement from the ‘ padded ‘ N578 billion in the 2018 budget to fund critical projects.
According to the President, the N228 billion is for ” relocating some of the funds appropriated for the new projects which were inserted into the 2018 budget proposal totally N578 billion to cover the sum of N228 billion required.”
Details later…(Vanguard)
Asks NASS to remove N228 bn from the inserted N578 bn for critical projects
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| President of Nigeria, Muhammadu Buhari |
By Henry Umoru
ABUJA - President Muhammadu Buhari has written the Senate, requesting for an approval of a supplementary budget/ Virement of N164 billion to fund the 2019 general and presidential elections. President Muhammadu Buhari on Thursday signed an Executive Order to improve his administration’s fight against corruption.
The President said that the N164 billion requested as supplementary is to enable the Independent National Electoral Commission, INEC to commence preparation for the polls. According to the letter which was read by Senate President, Dr. Bukola Saraki, President Buhari explained that the total amount required for the 2019 election is N242 billion. In the letter which was read at plenary Tuesday, President Buhari has asked the National Assembly to remove a total of N228 billion as reinstatement from the ‘ padded ‘ N578 billion in the 2018 budget to fund critical projects.
According to the President, the N228 billion is for ” relocating some of the funds appropriated for the new projects which were inserted into the 2018 budget proposal totally N578 billion to cover the sum of N228 billion required.”
Details later…(Vanguard)
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