Bad bele gone wild,



lmao,



The appropriations committee of the Lagos Assembly has approved the sum of N389.571bn as the 2010 budget, a reduction of N40.025bn from the proposed budget of N429.596bn presented to the House by Babatunde Fashola, the Lagos state governor.

The committee chairman, Kolapo Osunsanya (Eti-osa II), presented the report on the proposed 2010 budget on Tuesday and the report was adopted by the House with few amendments.

The budget, as adopted, is expected to be passed by the House in its Thursday plenary session before proceeding on recess.

Litany of indictments

Though the report agreed that "the budget of the State did not perform badly in the out gone year (2009)," it contained some findings which indict the state executive council of financial misappropriation.

"The committee observed that the yearly approved personnel cost of the state when compared with the actual always shows a wide difference," the report said.

For instance, it was stated that the 2009 approved personnel cost was N54.34bn while the actual personnel cost as at September stood at N31.142bn. "Using a proportionate analysis, the sum total of N41.523bn would be the actual expenditure for the whole year," it said.

Consequently, the report recommended that the proposed N55.079bn personnel cost for 2010 budget be reduced to N45.079bn.

Another notable indictment was the N413m recorded for transfer to other funds in the 2009 budget, for which N75m was actually budgeted. "The N413m could not be accounted for by the ministries of finance and economic planning and budget during their budget defence before the committee," the report said. Therefore, the report recommended that the N50m budgeted for transfer to other funds in 2010 budget should not be approved.

Other recommendations

The report also "noted that it is important to make adjustments in the area of capital expenditure due to the debt profile of the state" and therefore recommended that the 2010 capital expenditure be reduced from N250.778bn to N224.196bn.

The report said the state executive did not consider the recommendations of the House, as garnered during the town hall meetings held across the forty constituencies in the state, in preparing the 2010 budget.

The report recommended that N7.4bn overhead cost and N500m capital expenditure be transferred from the ministry of finance to the budget of the Lagos Internal Revenue Services, as it observed that the LIRS should be autonomous, in line with the law that created it.

The report found "unsatisfactory" the spending of the special expenditure vote by the ministries, departments, and agencies of the government and therefore recommended that approval of the House should be sought and obtained for any special expenditure above N200m.

Ahmed Omisore (fako Ijaye II) commended the recommendation of the report which increased the subvention of the office of the auditor general of the state by deducting N65m from the proposed overhead cost. He also lauded the removal of judicial staff from the "shackles of the ministry of justice" and their placement under the direct control of the judiciary.

Not all doom and gloom

The report was not all about reduction and indictment. It observed the "gross underfunding" of the Lagos Assembly and therefore increased its overhead cost by N3.2bn and then added N50m, which will be deducted from general overhead cost, to the subvention of the Lagos State Independent Electoral Commission "to accommodate the continuous civil/voters education programme if the commission in readiness for the 2011 general elections."

Also, the capital expenditure of the Lagos state judiciary was also increased by N5bn and its overhead cost by N299.1m,

The Lagos State Environmental Protection Agency also had its annual subvention doubled to N72m.

However the ministry of agriculture stood out in disfavour as the recommended N1.418bn increase in capital expenditure and N360m increase in overhead cost were all struck out.

http://234next.com/csp/cms/sites/Next/News/Metro/5531181-146/lagos_assembly_slashes_fasholas_budget_by.csp

E be like say den just take back the egunje money wey Fashola blocked from dem,

These mofos are mad shaddy I swear, lmao