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Fg Begins Release Of N100bn For Constituency Projects - Politics - Nairaland

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Senate Proposes N1.4tr For Constituency Projects / FG Begins Release Of N100bn For Constituency Projects / FG To Release N100bn For Capital Projects (2) (3) (4)

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Fg Begins Release Of N100bn For Constituency Projects by marryjesus: 6:55am On Nov 17, 2016
The presidency may have finally caved in to the demands by members of the National Assembly for the release of N100 billion meant for constituency projects before they consider and approve any request from the executive arm of government.

Several legislative approvals sought by President Muhammadu Buhari have suffered defeats or delays in recent weeks, particularly the request for the $30 billion external borrowing plan, the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), and virement of N180 billion in the 2016 budget.
about 50 per cent of the constituency funds have been quietly released through the Ministry of Power, Works and Housing, National Commission for Refugees and other ministries, departments and agencies (MDAs) of government.
That the leadership of the National Assembly secured commitments from the presidency for the release of the funds.

“Recall that the Senate President met with the president several times last week. So the commencement of the release of the funds would smoothen the path for the approvals being sought by the executive,” a source told THISDAY.

The source, however, noted that while the lawmakers may soft pedal on their initial stance, many of them remain sceptical that the funds would be completely released by the finance ministry.

“The sour relations between both arms of government lingers, so both view each other with suspicion and do not trust each other. Many of the lawmakers are however not convinced that all the money will be released, particularly when considering utterances of the executive.

“Maybe only some lawmakers will eventually benefit,” the source explained.

Another source, who confirmed that the constituency funds were being released, however noted that the executive arm of government is currently making efforts to repair its fractured relations with the legislature.

“Before now, only Dogara (Speaker) and Gbajabiamila seemed to be the sort of balancing forces in the legislature, but obviously the Senate carries more weight.

“If the president cannot have his men there, he has to find a way to work with whoever is there. The House alone cannot pass his requests,” the source said.

Indications that the lawmakers may be somewhat appeased emerged as the leadership of the House of Representatives yesterday passed a motion mandating its Committee on Appropriation to consider the request for the virement of N180 billion.Other committees to which the virement are related to would also serve as sub-committees of the Appropriation Committee to consider the request. These include the Committees on Nigerian Air Force, Youth Development, Niger Delta and Works, among others.

The motion was sponsored by the Majority Leader, Hon. Femi Gbajabiamila, who recalled that the communication from the president requesting the virement of the funds was read on the floor of the House on October 25.

Presiding, Deputy Speaker Yussuff Sulaimon Lasun put the question on whether the prayer should be accepted. The motion was not subjected to debate as is normally the practice.http://www.akelicious.com/2016/11/fg-begins-release-of-n100bn-for.html?m=1
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Re: Fg Begins Release Of N100bn For Constituency Projects by Mjshexy(f): 7:02am On Nov 17, 2016
I hope it's not just going to be released on paper because we know how evil minded these politicians are, they never have the interest of Nigerians at heart at all but always eager to enrich themselves sad
Re: Fg Begins Release Of N100bn For Constituency Projects by SamuelAnyawu(m): 7:04am On Nov 17, 2016
cool cool cool cool
Re: Fg Begins Release Of N100bn For Constituency Projects by Mynd44: 7:09am On Nov 17, 2016

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