Loading...

Author Topic: Senate summons finance Minister over N2 Billion planted in Housing Sector budget  (Read 286 times)

0 Members and 1 Guest are viewing this topic.

Offline mastercode

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 2220
    • View Profile
    • Naijacrux



The Senate Tuesday invited the Minister of Finance, Mrs. Kemi Adeosun to throw light on the vote of N2 billion discovered in the 2017 budget of the Housing Sector,


Minister of Power, Works and Housing, Babatunde Fashola disowned the money saying he knew nothing about how the vote crept into the Housing Sector budget.

Fashola told the Senate committee on Housing that the Ministry of Finance may have inserted the money in the 2017 budgetary profile of the Ministry of Housing as its own initiative tagged under “Regional Housing Scheme.”

Chairman of the committee, Senator Barnabas Gemade had wanted to know how the regional housing scheme came about.

Fashola said; “I know as much of it as you do because it is not our initiative”.

Apparently not satisfied, Gemade ordered the committee clerk to write the Minister of Finance, Adeosun to appear before the committee to explain how the N2 billion was inserted into the budget.



 

Nigerian Banks release list of bank debtors that owe banks N143.81 Billion

Started by internet police

Replies: 0
Views: 325
Last post August 04, 2015, 04:45:23 PM
by internet police
Senate approves Jonathan?s $1bn loan request for arms to fight insurgency

Started by ctytravellink

Replies: 0
Views: 270
Last post September 26, 2014, 07:37:37 AM
by ctytravellink
Nigerian Senate to debate fuel price increase next week

Started by legendguru

Replies: 0
Views: 116
Last post May 13, 2016, 12:40:19 AM
by legendguru
Nigerian Senate working on 11 bills to end recession

Started by legendguru

Replies: 0
Views: 219
Last post October 12, 2016, 12:57:34 AM
by legendguru
Okonjo-Iweala denies Sahara Reporters report of alleged Billion Dollar Hospital

Started by admin

Replies: 0
Views: 162
Last post August 24, 2015, 11:13:41 AM
by admin
IRAN - US Deal - Nigeria May Lose N333 billion in crude oil revenue By Year End

Started by mastercode

Replies: 0
Views: 240
Last post July 21, 2015, 01:50:49 PM
by mastercode
?400 Billion worth of looted Nigerian money stashed in Europe, Asia and America

Started by admin

Replies: 0
Views: 332
Last post August 09, 2015, 12:21:07 PM
by admin
Nigerian FG urges banks to deny in court in N249.6 Billion ‘hidden’ funds

Started by mastercode

Replies: 0
Views: 185
Last post July 24, 2017, 05:29:30 AM
by mastercode
Ebola Impact - West African Economies to Lose Us$3.6 Billion Annually

Started by mastercode

Replies: 0
Views: 228
Last post April 13, 2015, 07:40:45 PM
by mastercode
Presidency buhari unfolds N500 Billion social welfare programmes

Started by internet police

Replies: 0
Views: 161
Last post February 08, 2016, 10:23:31 AM
by internet police