Senate decries alleged neglect of Ajaokuta steel company | The Guardian Nigeria News - Nigeria and World News

The Senate Committee on Solid Minerals, Mine, Steel Development and Metallurgy has decried the alleged neglect of Ajaokuta Iron and Steel Project by non-provision of required budgetary votes on yearly basis.

“The type of budgeting process being carried out in this country over the years is stereotypical one . It is wrong for budget to be conceptualised in the ministry, enveloped and forwarded to the National Assembly for approval , ” he said. “Nigeria is bleeding from this envelope form of budgeting riddled with repetition of line items and allocations on yearly basis.

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, was represented by his Minister of State, Dr Uchechukwu Ogah.

Same story over the years.

It's high time Attention is meted towards it.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nigeria needs $3 billion investment in refinery | The Guardian Nigeria News - Nigeria and World NewsTo meet the growing demand of her 17.3 million Metric tons of petroleum products, Nigeria needs to invest about $3.09 billion in refinery projects.
Fuente: GuardianNigeria - 🏆 1. / 94 Leer más »