Newest Politics updatein nigeria
The Senate Tuesday constituted a seven-man advert hoc committee to analyze the Niger Delta Improvement Fee (NNDC) for spending N1.4 trillion with out appropriation. This adopted a movement by Senator Adamu Aliero (PDP, Kebbi) throughout consideration of a report by the Committee on Niger Delta on NDDC’s 2021, 2022 and 2023 budgets. President Muhammadu Buhari had, […]
The publish Senate probes NDDC over N1.4trn unlawful spending appeared first on Every day Belief.
The Senate Tuesday constituted a seven-man advert hoc committee to analyze the Niger Delta Improvement Fee (NNDC) for spending N1.4 trillion with out appropriation.
This adopted a movement by Senator Adamu Aliero (PDP, Kebbi) throughout consideration of a report by the Committee on Niger Delta on NDDC’s 2021, 2022 and 2023 budgets.
President Muhammadu Buhari had, earlier this yr, requested the Senate to approve NDDC’s budgets for 2021, 2022 and 2023.
The request for approval got here after the interventionist company had spent the funds for the 2021 and 2022 monetary years, totaling N1.4 trillion.
Buhari, within the proposals transmitted to the parliament, had mentioned a complete funds of N485.7bn was proposed for the NDDC in 2021, N928.2bn in 2022 and N876bn in 2023.
The Senate consequently referred the budgets to its Committee on Niger Delta after scaling second studying.
The committee, chaired by Senator Bulus Amos (APC, Gombe), in its report, yesterday urged the Senate to approve the funds estimates.
Nonetheless, Aliero faulted the advice of the committee, saying it was a breach of the structure for the NDDC to hold out expenditure of the funds estimates with out approval of the Nationwide Meeting.
Different senators, who raised concern over the consideration of the budgets, had been senators Seriake Dickson (PDP, Bayelsa) and Solomon Adeola (APC, Lagos).
Adeola mentioned there was an pressing have to fastidiously take a look at the 2023 funds estimates of NDDC as clarifications and additional data was required on figures offered on the funds.
Senate President Ahmad Lawan, due to this fact, raised a panel to analyze the monetary actions of NDDC on the 2021 and 2022 funds estimates.
The committee, chaired by Senator Yusuf A. Yusuf (APC, Taraba), is to submit its report back to the plenary in a single week.
Different members of the committee embody: Seriake Dickson, Uche Ekwunife, Abdullahi Yahaya, Saidu Alkali, Adetunmbi Olubumi and Sadiq Sulaiman.
The publish Senate probes NDDC over N1.4trn illegal spending appeared first on Daily Trust.