Budget padding allegation senseless, says finance minister

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The 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.

She stated this during her presentation before the House of Representatives Committee on Appropriations.

Farouq had claimed that the ministry requested some projects for the North East Development Commission and the National Social Safety Net Project in the 2022 budget, which were not released, but was surprised to see an inflated amount in the 2023 budget of the ministry. The issues were concerning the National Social Safety Nets Project –allocated N206,242,395,000 under the Ministry of Humanitarian Affairs, Disaster Management and Social Development; refurbishment and procurement of Harris RF-5/7800 Military Communication Equipment at the cost of N8,600,000,000, and the Safe Schools Initiative allocated N2,250,000,000, both under the Ministry of Defence.

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:

 /  🏆 8. in NG
 

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

I thought everything stupid makes sense to this government... Bunch of clowns 🤡

So the pertinent question about the projects that N206 billion was earmarked for wasn’t asked again? Clowns!

You are the senseless here one if that's your best way to approach angry and suffering citizens

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

Is not senseless, where's our Npower money?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

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 »

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 »

Delta’s Debt Profile Stands at N272bn, Says Finance Commissioner – THISDAYLIVEThis Government, why have they not pay the pensioners
Source: THISDAY LIVE - 🏆 14. / 51 Read more »