It would be recalled that President Goodluck Jonathan on December 11 requested for a supplementary budget of N161.6 billion for the payment of arrears of fuel subsidy.
John Enoh, the chairman, House Committee on Appropriation, said that information made available by the Petroleum Pricing and Regulatory Agency (PPPRA) justified the budget.
Enoh added that the request by the president for a supplementary budget was to pay arrears of fuel subsidy was in order.
He said that over N200 billion was earlier set aside to cater for arrears of subsidy payments in 2011, but that at the final computation, the pending debt rose to over N400 billion.
BusinessDay investigation further revealed that similar scenario is also expected to play-out today as lawmakers consider the N4.924 trillion Appropriation Bill.
Sources close to the leadership of the House on Wednesday confirmed that both chambers of the National Assembly have resolved to pass the N4.924 trillion Appropriation Bill without any alteration in the total amount.
He, however, noted that certain allocations to some ministries, departments and agencies (MDAs) would be altered, adding that “the 2013 budget would be passed tomorrow (today) at the same total figure. The only exception is that certain figures were joggled for the MDAs”.
He added that the meeting held at the State House on Tuesday evening ended at about 4a.m on Wednesday, adding that the final meeting with the presidency was scheduled for Wednesday evening.
The compromise, according to him, was reached at series of meetings held at the instance of the presidency with the leadership of the Senate and House of Representatives as well as the joint Committees on Appropriation and Finance of both chambers since Monday.
The South-West caucus in the House of Representatives on Wednesday re-united behind closed door to deliberate on improved welfare package for the group.
Investigation conducted revealed that the quarterly allowances of the lawmakers were jerked up to N32 million against N27 million following frequent agitation from the membership.
The meeting which was chaired by Mulikat Akande-Adeola, majority leader, lasted for about 50 minutes.
The lawmakers who re-converged in clusters after the meeting frowned at the misuse of power of appropriation by the leadership of the House.
Sources close to the meeting disclosed that the sum of N2 million was given to each of the lawmakers as Christmas bonus.
Majority of the lawmakers from Action Congress of Nigeria (ACN) who formed the bulk of the caucus, allegedly kicked against marginalisation of the members of the opposition parties especially from the South-West sub-region in the sharing of the booty.
The aggrieved lawmakers who pleaded with the majority leader at the meeting, however, threatened to protest against the marginalisation.