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Thursday, November 24, 2016

Reps increase Buhari’s virement to N208bn

The House of Representatives has increased the N180bn virement sought for by President Muhammadu Buhari to fund critical recurrent and capital items by N28bn, taking it to N208.821bn. The president had written the National Assembly on Oct. 26, seeking for the approval of the legislature to vire N180.8bn from the funds appropriated for special intervention in the 2019 budget. The intervention is to fund critical recurrent and capital items. The report of the House Committee on Appropriation was presented to the House on Wednesday by its Chairman, Rep. Mustapha Dawaki (APC- Kano). In the report was the request for the Ministry of Foreign Affairs (foreign missions), increased from N14bn to N16.34bn. Also, increased was the request for statutory transfer (Public Complaints Commission), which had been increased from N1.2bn to N2.5bn. All other items were retained as requested. While presenting the report to be debated and approved on Thursday, Dawaki disclosed that the committee, on Nov. 17 and Nov. 21, met with the relevant stakeholders and brainstormed on the proposal.He said it was established that the affected MDAs justified the need for intervention and approval of the virement for their respective agencies. He said, “The committee observes that there are other areas of critical needs with potential for development and stimulating the economy and for which additional funds could be provided through virement from the Special Intervention Programme” Details of the recommended proposal for approval showed that under Recurrent, the Service Wide Vote: Public Service Wage Adjustment takes N71.80bn, Service Wide Vote: Contingency N1.20bn. Similarly, Service Wide Vote: Margin for increase in Cost N2bn, Ministry of Interior: Cadet feeding-Police Academy, Wudil, Kano N932,4m, Service Wide Vote: Amnesty Programme N35billion. Also,Service Wide Vote: Internal Operations of the Armed Forces N5.20bn, Service Wide Vote: Operation Lafiya Dole N13.93billion, Ministry of Youth and Sports Development: NYSC N19.79bn. Ministry of Foreign Affairs: Foreign Missions N16.34bn, Federal Ministry of Education: Augmentation of Meal Subsidy/Direct Teaching & Laboratory Cost N900m. Also recommended for approval under Statutory Transfer is Public Complaints Commission N2.5billion Source: Punch

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