Ekweremadu kicks as Senate approves virement of N213bn

The Senate on Tuesday approved the virement of N213 billion as against the N180 billion requested by President Muhammadu Buhari to fund critical projects in the 2016 budget.


In their wisdom, the Senators increased the amount to vire to N213 billion, following a presentation by chairman, senate Committee on Appropriation, Senator Danjuma Goje.

He explained that during the interactions with the MDAs, the committee observed that there other critical areas that should be covered by the virement.

The report of the committee shows that N167 billion was vired for recurrent expenditure while N44 billion was vired for capital projects and N2.5 billion was vired for statutory transfer.

In the capital project, Ministry of Defence willl get N12.7 billion, payment of local contractors debts/ other liabilities to gulp N25 billion, and Presidential Initiative for the North-East to get N1.5 billion.

Also, Senate approved the sum of N300 million appropriated in the 2016 budget under the Transmission Company of Nigeria‎ (TCN) for the construction of 132 KVA susstation at Gwaram, Jigawa state to be vired for reconstruction of fallen towers, replacement of glass insulators.

The report shows that total amount for the virement is sourced from recurrent and capital component of the Special intervention Programme.‎

The approval was not without disagreement.

The Deputy Senate President, Ike Ekweremadu, kicked against the increase of the request from N180 billion to N213 billon, noting that it was not constitutional.

He was however countered by the Senate Leader, Senator Ali Ndume, who posited that as Deputy Senate President for eight yeatlrs under the Peoples Democratic Party (PDP), Ekweremadu, never complained about constitutionality of virement .


1 Comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.