Finance Minister Dismisses N206bn Budget Padding In Humanitarian Affairs Ministry

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Minister of finance, Mrs Zainab Ahmed yesterday dispels allegations that about N206 billion was allegedly inserted into the budget of the Ministry of Federal

“The minister of defence wrote to Mr. President requesting the immediate release of $1,363,880.40 and N158,928,045.37 for the implementation of Phase 1 of the project. HM-MoD also requested the sums of $12,274,923.60 and N11,946,311,375.18 to implement Phases 2 and 3 of the project, all of which Mr President graciously approved.

“Provisions have been made in the budgets of each of these agencies to cover their own responsibilities under the SSI.” “Power Sector Recovery Operation ; funded by World Bank. Amount: USD 162,000,000, which is N70,562,340,000.00. The total projected drawdown for the four projects is USD448,757,149, which is N195,465,151,790 at N435.17/$.

“For 2023, the amount captured for this project and the Sustainable Procurement, Environmental and Social Standard Enhancement Project is N26,134,200,000 before it was submitted to NASS by President Muhammadu Buhari. “So far, no issues have been raised in relation to the multilateral /bilateral loan funded projects by the other ministries

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why is she speaking for the minister? Is she the minister of humanitarian affairs? Nawao , anyway , nothing last forever

Huh!!! NIGERIA una Welldone ooo 👏🏼

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance ministry denies budget padding - Daily TrustThe Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has refuted allegations of budget padding by some ministries, departments and agencies. Welcome to Nigeria where everything is possible
Source: Daily Trust - 🏆 13. / 51 Read more »

Alleged N206bn budget padding: Arrest Finance Minister now - HURIWA tasks EFCCHuman Rights Writers Association of Nigeria (HURIWA), on Monday, tasked the Economic and Financial Crimes Commission to arrest or invite for interrogation
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Why we inserted N1.7 trillion projects in MDAs budget — Finance MinisterThe Minister of Finance, Zainab Ahmed, has disclosed that N1.7 trillion projects were inserted in the budget of 14 ministries, departments and agencies. Free money It's called PADDING and APC introduced it She know how to give reason this woman na waaaa oh
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Budget padding allegation senseless, says finance ministerThe Minister of Finance, Budget and National Planning, Zainab Ahmed, on Tuesday, said allegations of budget padding of projects and allocations in the 2023 Appropriation Bill made no sense. Is not senseless, where's our Npower money? This people will not finish Nigeria before handover How will u insect a project of billions in my budget and you don't tell me.. what's that called.. it's called budget padding.. assuming they approved the budget all u needed to do was to give the MDA what they requested for initially a d keep the rest.. this woman..chai
Source: MobilePunch - 🏆 8. / 63 Read more »

NNPC Retail, Nestle, MTN, Others Win 2022 Africa Finance Awards – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »