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

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

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
FEATURED18 minutes ago

2027: Panic Hits Dada, Taiwo and Ojugbele Camps as Ogun Deputy Gov. Salako-Oyedele Picks APC Senate Form

bolt driver
FEATURED12 hours ago

2027: Full List of 17 ADC Reps Who Defected — Follow Obi to NDC in New Realignment

FEATURED13 hours ago

REVEALED: How the Alleged Coup Was Orchestrated, Foot Soldiers Recruited, and Paid Millions

NEWS14 hours ago

Delta’s City Boy Movement Vows to Deliver 2.7 Million Votes for Tinubu, Oborevwori, Other APC Candidates

COMMUNITY REPORT14 hours ago

Oborevwori Boost Infrastructure in Delta, to Flag Off Aboh–Akarai Road, Bridge Project

FEATURED23 hours ago

Coup Trial: Islamic Cleric Says ₦10m He Got Was for Prayers, Not to Overthrow Tinubu

BUSINESS1 day ago

Tinubu Assures Global Investors in Paris of His Post-2027 Agenda

social media
NEWS1 day ago

‘My Scorecard’ — Sen. Ned Nwoko Reels Out Achievements Ahead of Second Term Declaration

Port Harcourt Refinery
BUSINESS2 days ago

Warri, Port-Harcourt Refineries to Resume Operations as NNPC, China Sign Resuscitation Deal to Boost Petrochemical Output

COMMUNITY REPORT2 days ago

Ugbolu Land Dispute: Delta Govt Calls for Calm as Protesters Storm Govt House Asaba

COMMUNITY REPORT2 days ago

Clergyman Distributes Food Items to Vulnerable Nigerians in Delta

FEATURED2 days ago

Delta Govt Directs Intelligence-driven Response as Phone Gadget Dealers Storm Govt House Asaba Over Targeted Robberies

BUSINESS2 days ago

Dangote Repels Alleged Rift with Elumelu, Claims on Refinery Financing

COMMUNITY REPORT2 days ago

Community Policing: Isoko South Chair Begins Construction of Police Station in Border Town, Enwhe

FEATURED2 days ago

Tensions Mount Delta as Ijaw, Urhobo Indigenous People Set to Resist Delayed INEC Delineation Report

Advertisement
Advertisement

z