The National Assembly yesterday increased the
2015 Supplementary Budget from N465,636,926,857 to N574,532,726,857 to
accommodate fresh fuel subsidy claims of N108,895,800,000 for three months
(October to December 2015) which were not contained in the original
supplementary budget submitted by President Muhammadu Buhari.
Going by the approved
supplementary budget, oil marketers will now be paid N522,258,934,505 in
subsidy claims, up from the N413billion requested by President Buhari to pay
subsidy from January to September 2015.
The approval followed
the adoption of the reports of the Danjuma Goje-led Senate Committee on
Appropriation and the House of Representatives Committee on Appropriation
chaired by Hon. Abdulmumin Jibrin.
The Senate expressed
dissatisfaction with the failure of the Executive to provide the needed details
for the approval to be granted, but went ahead to approve the budget yesterday.
The Senate had
requested for, among other things, the details of the debt owed oil marketers.
Further breakdown of
the approved Supplementary Budget shows N29.9 billion for Operation Lafiya Dole
– the anti-insurgency campaign in Nigeria’s North East.
Also, the National
Assembly Management is to get N10.6 billion to cover outstanding payment of
severance gratuity and allowances of outgone and incoming legislators and
legislative aides.
The National Sports
Commission will get N1.5 billion for the All Africa Games qualification for Rio
2016 Olympics.
The National Assembly
approved N5 billion for the Victims Support Fund which will be drawn from the
Service Wide Vote since it is a federal government contribution to a fund
managed by a committee which is not a ministry, department, or agency of
government.
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