Budget NG

Reps give 24-hour ultimatum to Surveyor General to re-present 2018 budget

by KEHINDE AKINTOLA, Abuja

February 1, 2018 | 1:30 pm
  |     |     |   Start Conversation
House of Representatives’ Committee on Works has issued a 24-hour ultimatum to the Surveyor General of the Federation (SGF) to re-present details of the 2018 budget estimate.
Toby Okechukwu, who chaired the 2017/2018 budget defence session, issued the directive, sequel to various discrepancies observed in the documents presented to the Committee.
Speaking earlier on the 2017 budget implementation, Ebisintei Awudu, Surveyor General to the Federation, explained that out of the N8,174,985,837 billion approved for capital expenditure, N3.2 billion was released so far, leaving the balance of over N4.8billion.
“The capital expenditure was N8,174,985,837, out of which N3.2 billion was released, representing 37.7 percent.
“The expenditure was N2.32 billion and N2.1 billion was released representing 69 percent and personnel was N920 million, the sum of N604 million was released representing 65.9 percent,” Awudu told the Committee.
He also commended President Muhammadu Buhari for employing 120 fresh surveyors into the agency and eight engineers, out which 89 had already resumed duties.
While responding to the lawmakers’ observations, Awudu, who apologised for the discrepancies, said: “It was a mix up that could be re-structured and re-presented on Thursday.”
In his intervention, Ajibola Famurewa, had expressed concern over some discrepancies observed in the sub-heads proposed.
While ruling on the observations made by the Committee, Okechukwu, who argued that the presentation was at variance with the executive summary of President Buhari’s budget estimates for 2018, mandated the Surveyor General to tidy up the report for a fresh presentation.

by KEHINDE AKINTOLA, Abuja

February 1, 2018 | 1:30 pm
  |     |     |   Start Conversation

Big Read |  

Analysis
Why hotel room rates may not reach the $300 mark soon

Why hotel room rates may not reach the $300 mark soon

With a seeming scramble for market share by international brands, the Nigerian hotel market is truly burgeoning. The market features...


Top 100 (300 x250)

BRIU

Diamond

Election Banner