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.

Advertisement

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”.

Advertisement

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.

Exit mobile version