Fidelity bank banner Camano banner
Reps shun debate, approve Buhari’s virement of N831bn for elections

By Levinus Nwabughiogu, Abuja on 16/10/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 491

•Speaker Dagara
•Speaker Dagara

Members of the House of Representatives at Tuesday plenary approved the N831,259,220,255.00 billion request for virement of funds made by President Muhammadu Buhari to finance of the 2019 general elections.

Essentially, the funds were to assist the Independent National Electoral Commission, INEC and all relevant security agencies involved in the conduct of the forthcoming election to prepare adequately for the exercise.

Of the amount, the Nigerian Police Force, NPF, has the large chunk of N351,562,210,645.00.

Further breakdown of the funds indicated that the Independent National Electoral Commission received a total of N234,507,272,393.00; Office of the National Security Adviser, N46,948,839,426.00; Department of State Security Service N50,791,852,568.00; Nigeria Security and Civil Defence Corps N82,834,042,256.00 while the Nigerian Immigration Service N64,615,002,968.00.

Recall that President Muhammadu Buhari on July 18, 2018, requested for virement of funds in the Appropriation Act, 2018.

Moving the motion titled “Approval of the Request for Virement of funds to Finance the Independent National Electoral Commission (INEC) and Security Agency towards the Preparation for the 2019 General Elections”, Dawaki said “The House recalls that on Wednesday, July 18, 2018, a communication from the President of the Federal Republic of Nigeria, requesting for virement of funds in the Appropriation Act, 2018 was read at plenary;

“Notes that the request was in respect of virement of funds to finance INEC and security agencies towards the preparation for the 2019 general election for which no provisions were made in the 2018 Appropriation Act;

“Aware that the Virement has become necessary in order to appropriate funds to enable the relevant agencies commence preparation towards a free and fair election in 2019;

“Also notes that the total amount of virement being proposed for the INEC and other security agencies is N831,259,220,255.00;

“Resolves to approve the Virement of the sum of Eight Hundred and Thirty-One Billion, Two hundred and fifty-Nine million, Two hundred and twenty thousand, and two hundred and fifty-five Naira only to fund the Independent National Electoral Commission (INEC) and security agencies towards the preparation for the 2019 general elections”.

The motion sailed through expressly without any debate on the figure when it was raised by the Chairman of Appropriation Committee, Mustapha Dawaki.

Members did not also object the figure, prompting Speaker Yakubu Dogara to hit the gavel for the adoption of the motion.

Sourced from Vanguard report 

Source News Express

Posted 16/10/2018 7:18:22 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
WHO chief going to the Olympics, says Zika...

Elumelu Foundation hosts historic bootcamp for 1,000 emerging...

Kwara 2019: Time to say ‘E don do!...

Obaseki salutes doggedness, brilliance of young Air Force...

Arms Deal: Badeh pressured me to claim ownership...

Curiouser and curiouser

Court dissolves 17-year marriage OVER constant BEATING OF...

The way forward for Nigeria —Peter Obi •Ex-Governor...

Oil firm, Akwa Ibom communities sign revised MoU...

Shareholders laud Transcorp Hotels for impressive performance, approve...

Overzealous soldiers should be stopped from attacking us:...

Nigeria, Kenya, South Africa to announce cross listing...

 

Latest News Crisis brews as APC Governors move to sack Okorocha BREAKING: Court stops collation of Bauchi guber election result Explosions, gun shots as Army battles Boko Haram insurgents in Adamawa Obama's economic adviser commits suicide Yar’Adua Foundation, others to lose N4.8bn property for evading tax — ICPC How to get your accounts verified on Twitter, Instagram, Facebook EFCC clamps down on outgoing governors Landmines kill eight in Borno community Only candidates who undergo biometric verification will take UTME — JAMB Guber Election Crisis: Army lied against Wike, aides — Rivers State Government Famous Nigerian Curator, Okwui Enwezor, dies of cancer at 55 Obiano pledges to expand Anambra’s economic base

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (460,239 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (410,027 views) Shameless Genevieve Nnaji exposes breasts in public (345,898 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (296,824 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (261,218 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (236,275 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (222,306 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (204,042 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (192,318 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (176,741 views) 10 cars more expensive than Jets (176,426 views) Lagos plane crash: Journalist releases victims’ names (175,575 views)

 

NLNG call for entries

CBN banner

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (81) Business & Economy (4,088) Business Verdict (59) Columnists (1,005) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (596) Features (724) Global Business Monitor (327) ICT Monitor (23) International (3,195) Interview (174) Live Commentary (28) Love Matters (153) Maggie's Blog (189) News (44,006) Opinion (1,204) Pidgin (17) Politics (10,254) Religion (960) Sports (1,924) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera