Featured Politics News

Budget amendments, insertions based on Nigerians’ demands, Reps reply Buhari

The House of Representatives has justified the amendments made to the Appropriation Bill 2022, which the President, Major General Muhammadu Buhari (retd), has asked the federal parliament to reverse.

The Chairman of the House Committee on Media and Public Affairs, Benjamin Kalu, said the insertions and amendments were based on the demands by Nigerians.

Buhari had on December 31, 2021, declared that he would revert to the National Assembly with a request for amendment as soon as the parliament resumed so that critical ongoing projects cardinal to his regime would not suffer a setback due to reduced funding.

Addressing journalists in Abuja on Thursday, Kalu said, “Mr President has sent a letter to the National Assembly. The summary of that letter is not for a supplementary budget. We don’t have any supplementary budget. What Mr President has asked for is an amendment of the 2022 Appropriation Act. Such amendments receive a bracket within the budget to the tune of N150billion.

“So, Mr President is saying, ‘Based on the current realities, adjust one or two things within the budget to the tune of N150billion.’ The adjustment would lead to the reduction of some of the statutory transfers.”

Related posts

Aiteo responds to Santa Barbara well spill

Our Reporter

‘NNPC remitted $2.7bn to CBN accounts in 6 months’

Our Reporter

Seplat driving sustainability with growing gas business – Brown

Editor

Shell unveils first female Managing Director for deep-water Nigeria

Editor

Diezani moves to recover seized assets, applies to court

Our Reporter

Power outage worsens in Lagos  

Editor