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Breaking: Buhari writes Senate, Asks for approval of N164bn for 2019 Election


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Breaking: Buhari writes Senate, Asks for approval of N164bn for 2019 Election

Post by Kingseyi on Tue Jul 17, 2018 6:36 pm

ABUJA- PRESIDENT Muhammadu Buhari has
written the Senate, requesting for an approval of
a supplementary budget/ Virement of N164
billion to fund the 2019 general and presidential
President Muhammadu Buhari on
Thursday signed an Executive Order to
improve his administration’s fight against
The President said that the N164 billion
requested as supplementary is to enable the
Independent National Electoral Commission,
INEC to commence preparation for the polls.
According to the letter which was read by
Senate President, Dr. Bukola Saraki, President
Buhari explained that the total amount required
for the 2019 election is N242 billion.
In the letter which was read at plenary Tuesday,
President Buhari has asked the National
Assembly to remove a total of N228 billion as
reinstatement from the ‘ padded ‘ N578 billion in
the 2018 budget to fund critical projects.
According to the President, the N228 billion is
for ” relocating some of the funds appropriated
for the new projects which were inserted into the
2018 budget proposal totally N578 billion to
cover the sum of N228 billion required.”
Details later…

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    Current date/time is Fri Aug 17, 2018 6:12 pm