The Minister of Power, Works and Housing, Mr. Babatunde Fashola could not explain how N2bn ‘walked into his proposal’.
However, Fashola denied knowledge of the N2bn allocated to Regional Housing Scheme in the 2017 budget proposal of the ministry.

The minister, who appeared before the committee to defend the proposal, referred the lawmakers to the Ministry of Finance for information on the controversial item.

The item was labeled FMOW99934089.

“I know as much of it as you do,” Fashola told members of the committee.

He further noted that he had no knowledge on the N2bn allocation as it was discovered in the proposal after it was worked upon by the Ministry of Finance.

The Chairman of the committee, Senator Barnabas Gemade, requested that the Minister of Finance, Kemi Adeosun, be invited to explain the insertion of the allocation.

The following conversation ensued between Fashola and Gemade during the budget defence:

Gemade: Finally, what is this provision of N2bn for regional housing scheme? What is regional housing scheme? Where is it taking place? What is happening? Have you seen it on Page 18?

Fashola: It is not our project. It came in from, I think, the Budget (Office). It is a Ministry of Finance initiative; saying that they want to do what they called ‘family homes’. It is not from us.

Gemade: Yes, but they have put it here; otherwise, we will not be in the position to accept it.

Fashola: I know as much of it as you do sir.

Gemade: But you are here to defend this budget in totality......COMPLETE DETAILS AT http://www.vintageinfo.com.ng/2017/02/15/n2billlion-placed-into-babatude-fasholas-proposal-senate-questions/