According to the commission’s 2016 Annual Report and Audited Accounts obtained by the News Agency of Nigeria on Tuesday in Abuja, the cash backed amount indicates 97.75 per cent performance.
Browsing: 2016 Budget
The Buhari Media Organisation says with this historical ruling by Justice Muhammed Idris it is clear that the anti-graft war is becoming an all stakeholder affair.
The request for the bond was made to the Senate by the Vice President, Prof. Yemi Osinbajo
Most reporters were not allowed into the venue of the ceremony because of space
The minister disclosed this on Wednesday while briefing State House reporters on the outcome of the Federal Executive Council meeting presided over by Vice President Yemi Osinbajo
A source close to the meeting between the leadership of the National Assembly and the Presidency, which ended at about 9:30pm on Tuesday, told The Eagle Online that all the grey areas were addressed at the meeting
It was reliably gathered that the re-worked budget was sent to the President at about 1.15am on Tuesday, but was returned to the National Assembly at about noon on the same day
The position of the Senate was contained in a reaction to claims in the media credited to the Executive arm of government on the 2016 budget that the National Assembly left out some critical aspects, which resulted in President Muhammadu Buhari not assenting to it
‘While the committee did not completely agree with all the changes made in the subsequent document, being fully aware of the critical importance of the rail sector to the development of our dear country, distinguished members of the Senate Committee on Land transport keyed into the laudable (Lagos to Calabar, rail modernisation) project and found ways of appropriating funds for the project without exceeding the envelope provided for the ministry’
However, the Chairman of the House Committee on Appropriation, Hon. Abdulmumin Jibrin, who spoke on behalf of National Assembly on the 2016 budget, said the Lagos-Calabar railway line was never captured in the budget sent by the Executive
By implication, Buhari will not sign the Appropriation Bill into law, as earlier planned, before jetting out of the country this weekend to China for economic and business deals for Nigeria
Mohammed said the extraordinary Federal Executive Council meeting summoned by President Muhammadu Buhari was “to avail every minister to look at the details of the budget”
Buhari had last week said he would not assent to the Budget until he receives the breakdown
The Senate is currently on Easter break while Buhari will be travelling to Washington, United States for the Nuclear Security Summit on Wednesday and scheduled to return to the country on Sunday
The document, which had a smooth sail, was predicated on oil benchmark of $38 per barrel, crude oil projection of 2.2 million barrels of crude oil per day, and an exchange rate of N197 to one dollar
But this came with a complaint by the Senate Committee on Appropriation about the omission of some agencies from the budget
The laying of the report by the Chairman of the Senate Committee on Appropriation, Senator Danjuma Goje, brought to an end speculation on the presentation of 2016 Budget report to the Senate for consideration by the whole house
Wamakko further reiterated the commitment of the National Assembly to complement the efforts of President Muhammadu Buhari to move Nigeria forward and bring about positive changes in the affairs of the country
Addressing the Nigerian Community in Saudi Arabia, President Buhari condemned the distortion of the budget proposals by entrenched interests
Governor Fayose described the revelation by the Minister of Health, Prof. Isaac Adewole, that the proposal drawn up by the ministry and submitted to the budget office had been doctored and that “foreign” appropriations, different from what was submitted, had been sneaked in as the height of national embarrassment