Connect with us

NEWS

They Smuggled N30bn Into Power Budget –Senator Abaribe

Published

on

The chairman, senate committee on power, steel development and metallurgy, Enyinnaya Abaribe says N30 billion was smuggled into the power budget.

He noted that the N30 billion was listed for expansion and re-enforcement of infrastructure in the distribution companies to reduce stranded firms.

The senator said his committee was unaware of the insertion.

Abaribe said: “The amount never passed through the senate power committee. Where did such huge sum of N30 billion come from?

“Let the budget office and other relevant bodies conduct self examination. Such self examination will go a long way to clear gray areas.”

However, the south-east senate caucus has expressed shock over the cut in the budget allocation for the Enugu airport terminal.

Advertisement
Article Banner

According to TheCable, Abaribe, chairman of the caucus, said an emergency meeting of south-east lawmakers had been summoned to unravel when the cut was effected and by who.

The senator said, “no right thinking Igbo man would support any cut on allocation for projects in the south-east region”.

He said the budget documents were verifiable and noted that “we are committed and determined to find out who made the cut”.

Abaribe said members of the caucus really lobbied for the Enugu airport terminal allocation to be increased to N3.5 billion until the ministry of aviation told them that it could not be increased beyond the N2 billion allocation.

After President Muhammadu Buhari signed the 2018 budget on Wednesday, he revealed that the national assembly made cuts amounting to N347 billion in the allocation to 4,700 projects submitted to it for consideration.

He also noted that 6,403 projects were injected by the lawmakers, amounting to N578 billion.

Advertisement
Article Banner

Categorically, the president stated that many of the project cuts were critical and may be difficult, if not impossible, to implement with the reduced allocation.

Continue Reading
Advertisement
Click to comment
Defense and Security3 minutes ago

‎BREAKING: Kidnapped NECO Candidates, Principal Rescued as Kogi Security Forces Foil Abduction

NIGER DELTA1 hour ago

Oborevwori Hails Media Icon Nduka Obaigbena’s Enduring Legacy at 67

FEATURED2 hours ago

JUST IN: Mother of ADC Presidential Candidate Rotimi Amaechi, is Dead

FEATURES4 hours ago

‎Mary Habila’s Family Rejects Autopsy, Seeks Immediate Release of Body as Police Continue Probe

FEATURES6 hours ago

PFIPC: Gbajabiamila Sues  Adeyemi for N15bn Over Alleged 48% Kickback Claims

FEATURES7 hours ago

‎VIO Officer Killed After Being Crushed by Truck During Enforcement Operation in Delta

FEATURES8 hours ago

Akpabio Threatens Legal Action Over Faulty National Assembly Microphones

FEATURES12 hours ago

APC’s Aliyu Says Tinubu Regime Has Eased Fears Over Muslim-Muslim Ticket Ahead of 2027

#SPORTS24 hours ago

BREAKING: Argentina Turns the Tide to Beat England Following Goal Down

COMMUNITY REPORT1 day ago

2-Year-Anniversary: Isoko South Boss Affirms Commitment to Deliver Campaign Promises

FEATURES1 day ago

‎Court Orders Final Forfeiture of 57 Properties Worth N212.8bn Linked to Ex-AGF Malami

FEATURED1 day ago

Delta Police Arrest Popular Content Creator, “Odogwu of Asaba” Over Alleged Rape of 20-year-old Girl

BUSINESS1 day ago

BREAKING: NCAA Suspends Pilots, Grounds Aircraft Over Unauthorized Delta Road Landing ‎

#SPORTS1 day ago

Atiku Demands Independent Probe of N6.44bn World Cup Budget, PFIPC Controversy

FEATURES2 days ago

Nigerian Catholic Priest Dies by Suicide in US After Fearing Return Home

Advertisement
Advertisement

z

   


Article Banner