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

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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...

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.

 

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

Same story over the years.

It's high time Attention is meted towards it.

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:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

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.
Source: GuardianNigeria - 🏆 1. / 94 Read more »