There's fraud in Nigeria's budgetary system

There's fraud in Nigeria's budgetary system - Ngige

- The minister of labour and employment, Senator Chris Ngige, on Monday, May 27, came out plain on his opinion about Nigeria's budgetary system

- Senator Ngige said that Nigeria's budgetary system is filled with fraud characterised by suspicious constituency projects

- He, however, said that though not yet signed into law, the 2019 budget is a huge improvement on what was obtainable in 2015

Senator Chris Ngige, the minister of labour and employment, on Monday, May 27, described Nigeria’s budgetary system as corrupt and fraught with and inclusions of suspicious and fraudulent projects.

Senator Ngige, in his valedictory speech in Abuja on Monday lamented that “all is not well with our budgetary system,” Nigerian Tribune reports.

Ngige also said: “However, all is not well with our budgetary system. In our 2016, 2017 and 2018 budgets, there were distortions and insertions under the guise of ‘constituency projects’, that greatly affected the performance of our programmes and projects.

“The above-named budgets of the Ministry present an interesting chronicle. From a 2015 budget that had only N200,000,000.00 for the capital vote, out of which about N60,000,000.00 was for Constituency Empowerment Projects, spiraling into April 2016 for the main Ministry to the phenomenal increase of both recurrent and capital budget to N11 billion in 2016 and N12 billion in 2017 and 2018 respectively.

“We have to put in place a proper budgetary procedure and process using our wealth of experience.

"My pedigree as a budget officer while in the Federal Ministry of Health, State Chief Executive Officer and Senator and that of the Hon Minister of State as a professional Accountant came into play in repackaging the Planning, Research and Statistics Department and that of Finance and Accounts, making them assume their rightful roles as the Ministry’s engine head in budget matters. We defended our positions appropriately in the relevant committees of the House of Representatives and the Senate.

“The 2019 budget though not yet signed into law by the President but there is a huge improvement from the 2015 position to a better resource situation for the Ministry and her parastatals as of today.

“There is a great difference between the zonal intervention constituency projects from the N100 billion offered to the National Assembly by the Executive in her proposal.

"There are insertions of ‘questionable projects’ with money sliced-off from the aggregate allocation to main Ministries and their parastatals to create new and in many cases, projects and programmes unrelated to the core mandate of the ministry/parastatal.

“This is clearly not in consonance with the spirit of Section 80 of the constitution for which the authors of the constitution gave powers to the elected representatives of the people to look at the budgets, which when presented by the Executives, still remains an executive work proposal.

“Therefore, let the NASS consult the Executive via robust defense sessions in order to allow the Executive to do its own work unfettered.

PAY ATTENTION: Get the Latest Nigerian News Anywhere 24/7. Spend less on the Internet!

“In this light, it is completely incongruous and serious act of indiscipline against the Public Service Rules (PSR) for Heads of Treasury and Non-Treasury funded parastatals to surreptitiously visit lawmakers to suggest to them or connive with them to disrupt already agreed budgets especially those they had defended in their respective Ministries.

“Some Chief Executive Officers of the parastatals in the ministry had lately engaged in this act and should retrace their steps as we move to the next level.”

Meanwhile, Legit.ng reported that President Muhammadu Buhari, who on Monday, May 27, signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly might affect its smooth implementation.

Speaking at the event which took place at the president’s mini-conference room, Presidential Villa, Abuja, President Buhari said the addition of about N90 billion to the N8.83trillion he submitted to the legislature would make it difficult for government to realise its set objectives.

NAIJ.com (naija.ng) -> Legit.ng: Same great journalism, upgraded for better service!

Nigerians set 2nd term agenda for President Buhari | Legit TV

Source: Legit.ng

from Nigeria News Today & Breaking Naija News 24/7 | LEGIT.NG http://bit.ly/2VQYwJf
via EDUPEDIA24/7

The beautiful model Christina Evangeline: age, ethnicity, net worth, husband, baby

The art of modelling is more than merely putting on designer clothes and hitting the runway. It requires a lot of effort, self-care, determination, and an energetic spirit. Christina Evangeline, who is very attractive and beautiful, is a model who dedicated all her energy into this esteemed career. Fame and plenty of public attention came with her job, and she continues to show young women that success does not come overnight. It requires hard work and passion! Image: instagram.com, @yoevangeline Source: Instagram Who is Christina Evangeline ? According to the Christina Evangeline biography, she is a model who is best known for being Kenan Thompson’s wife. Christina was born on the 24th of March 1989 in the United States of America. Currently, Christina Evangeline age is 30 years. Her nationality is American, and she identifies herself as a Christian. Christina Evangeline ethnicity is White, and her Zodiac sign is Aries. Christina Evangeline race is Caucasian. Details of her paren...

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja. Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...

Learn how to clean washing machine in a surprisingly easy way

All machines can break down one day, and your washing machine is no exception. Knowing how to clean washing machine timely and effectively will help you reduce or even avoid additional expenses on servicing. Right now, you will be surprised to discover how easy it is! You do not even need any additional devices to do this except the ones that you already have in your house! Image: pexels.com Source: UGC A washing machine is an essential device in a modern home, but it has its own temper and demands! It reacts to the softness of water and quality of detergents that you use. In separate cases, the frequency and intensiveness of washing cycles can play their part. Now, it is time to discover several simple and cheap methods of cleaning of the essential parts of your little helper, to remove unpleasant odours, mould, and scale. The most important tips: how to clean washing machine How often is it necessary to do this cleaning? What do you think? Specialists insist on once in ...

EDUPEDIA247

Search This Blog