Finance Minister Dismisses N206bn Budget Padding In Humanitarian Affairs Ministry

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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

 

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

Huh!!! NIGERIA una Welldone ooo 👏🏼

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