Loading...

Author Topic: Nigerian FG slashes NASS, INEC, amnesty budgets by N65bn in 2016  (Read 121 times)

0 Members and 1 Guest are viewing this topic.

Offline internet police

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1482
    • View Profile
Nigerian FG slashes NASS, INEC, amnesty budgets by N65bn in 2016
« on: December 20, 2015, 01:15:31 PM »

The Federal Government is proposing about N65.28bn as budgetary allocation for the Independent National Electoral Commission, INEC, the National Assembly and the Presidential Amnesty Programme. This is in an attempt to reduce the cost of governance in the 2016 fiscal year.

The details of the reduction was captured in the Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper for 2016-2018 and would be unveiled on Tuesday when President Muhammadu Buhari presents the 2016 budget before the National Assembly, the Punch reports.

It noted that in the MTEF, the Federal Government is proposing a reduction of N17bn in the budgetary allocation to INEC from N62bn approved in the 2015 fiscal year to N45bn.

Out of the 2015 approved allocation of N63.28bn, the total amount released from the Federal Government for implementation of the programme as of September 30 was N47.39bn.

The Federal Government was also reported to have reduced other agencies? 2016 budgetary allocation.These agencies include: the National Judicial Council from N73bn in 2015 to N70bn; Public Complaints Commission from N4bn to N2bn and the Human Rights Commission from N1.52bn to N1.2bn.



 

GOOD NEWS: Price of rice set to crash further as ‘Dangote rice’ hits Nigerian st

Started by jchima14

Replies: 0
Views: 128
Last post August 27, 2016, 02:17:48 PM
by jchima14
Federal Court orders police to arrest Nigerian Senate President, Bukola Saraki

Started by mastercode

Replies: 0
Views: 246
Last post September 19, 2015, 11:53:00 AM
by mastercode
84 Nigerian Senators pass confidence vote on Senate President Saraki amid rows

Started by yungcrux

Replies: 0
Views: 233
Last post September 29, 2015, 01:37:44 PM
by yungcrux
EBOLA SCARE" Nigerian governors refuse handshake greetings, greet with knuckles

Started by mastercode

Replies: 0
Views: 333
Last post August 14, 2014, 08:05:05 AM
by mastercode
Nigerian girl barred from school in the U.S. amid Ebola fears; family sues

Started by jchima14

Replies: 0
Views: 172
Last post October 30, 2014, 07:56:35 AM
by jchima14
Boko Haram Sacks Entire Nigerian Army Battalion, Confiscates All Arms

Started by jchima14

Replies: 0
Views: 128
Last post November 13, 2014, 08:42:09 PM
by jchima14
Nigerian 2015 elections-PDP politician caught wooing voters with ₦1000 each[PIC]

Started by internet police

Replies: 0
Views: 156
Last post March 17, 2015, 01:21:01 PM
by internet police
Nigerian Ministerial list: Buhari set to drop fake nominees as screening begins

Started by internet police

Replies: 0
Views: 147
Last post October 10, 2015, 12:46:01 PM
by internet police
High Court rejects Nigerian senate President Saraki?s bid to stop CCT trial

Started by yungcrux

Replies: 0
Views: 157
Last post November 06, 2015, 08:47:47 PM
by yungcrux
PDP charges Nigerian Military to Stop rigging election for APC , face Boko Haram

Started by yungcrux

Replies: 0
Views: 137
Last post December 11, 2015, 07:04:27 PM
by yungcrux