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
OPINION2 hours ago

THE 3 MUSKETEERS OF ANIOMA POLITICS: WHERE OKOWA, NWOKO, AND OCHEI STAND IN 2027, BY DR NORBERT CHIAZOR

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURED7 hours ago

El-Rufai Family Gives Defence Minister Musa 7 Days to Prove Southern Kaduna Killings Claim or Apologize

FEATURED8 hours ago

ADC Accuses Tinubu Gov. of Turning N33.75bn Cash Transfer Scheme Into ‘Organised Racket’

ENTERTAINMENT9 hours ago

Pete Edochie: Why Awolowo is My Favorite Nigerian Politician

FEATURED12 hours ago

Ignorance Is No Excuse As Mining Marshals Hunt Illegal Operators Nationwide

FEATURED12 hours ago

UN Declares AI an Existential Threat, Demands New Global Rules

NEWS13 hours ago

Ahon Eulogizes Aniagwu as a Versatile Professional on Birthday

FEATURED24 hours ago

2027: Pro-Hilary Support Groups Mobilize Across 9 Delta North LGAs for Okowa’s Senate Bid

FEATURED1 day ago

2027 Election: Omo-Agege Seeks Divine Protection Over Alleged Life Threats

FEATURED1 day ago

Why Hundeyin Linked Uber Nigeria Exit to Alleged CIA Contract Expiration

FEATURED1 day ago

2027: SDP’s Adebayo Promises N200 Petrol, Cooking Gas, Jet A1 Within One Year

FEATURED1 day ago

How 43-Year-Old Nigerian-British Influencer Dies After Cosmetic Penis Enlargement

FEATURED1 day ago

NAPTIP, Next2None Sign MOU on Africa’s First Intl Fashion Show to Fight Global Human Trafficking

FEATURED2 days ago

Ex-Delta First Lady Roli Uduaghan Joins Oborevwori, Okowa to Bid Otumara Emotional Farewell in Warri

FEATURED3 days ago

Malami, Ogboru, Gbadebo Rhodes-Vivour Lead as ADC Unleashes Political Heavyweights for 28 Governorship Slots ahead of 2027

Advertisement
Advertisement

z

   


Article Banner