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Politics / Re: Senate Committee Members Applaud Fashola's 71.58% Q2 Performance For 2017 Budget by obiageIi(f): 11:21am On Jan 19, 2018 |
This administration does not deserve Fashola |
Politics / Senate Committee Members Applaud Fashola's 71.58% Q2 Performance For 2017 Budget by obiageIi(f): 10:43am On Jan 19, 2018 |
FEDERAL MINISTRY OF POWER, WORKS AND HOUSING Office of the Special Adviser on Communications Headquarter, Mabushi P.M.B. 111, Garki - B Abuja, Nigeria PRESS RELEASE SENATE COMMITTEE MEMBERS APPLAUD AS FASHOLA REPORTS 71.58% Q2 PERFORMANCE FOR 2017 BUDGET · ’’I will like to say here that I have not seen any Budget of that magnitude funded up to 71 per cent; never’’, says Member · Members agree on necessity for bulk budgeting to fund roads but ask that the current budget plan continue until the process is changed The Senate Committee on Works Tuesday applauded as the Minister of Power, Works and Housing, Mr Babatunde Fashola SAN, reported that the 2017 Budget for his Ministry has achieved 71.58 per cent implementation as at December 2017. Fashola, who had gone to the Committee Meeting to defend the 2018 Budget proposal for his Ministry, told Members of the Committee that based on all the payments made to contractors for all the works done since the commencement of the projects to date, the current Budget Performance for the second release of the Budget year now stood at 71.58 per cent. Recalling that he first reported a performance of 15.3 per cent based on payments of N57Billion made after the first release of money, the Minister, who explained that he could not quote the full performance then because, although the works had been completed and the certificates in, they were yet to be paid for, pointed out that based on some payments that were made between December 2017 and January 2018, the Performance had now gone up to 71.58 per cent. He told the Committee, ’’As I said in my introductory remarks, as at December 2017, we could only report what we had paid for, which was a lot less than the work that had actually been done; because the releases that we had for first release under 2017, was made in August 2017 and it was for N57Billion as you could see. So it was not until December 2017 that we got the second allocation of N120Billion and we also got some disbursements from the SUKUK in the sum of N57Billion’’. ’’Now, based on some payments that have been made between December 2017 and now (January 17th 2018), after the second release came to hand, we have paid out N57Billion as I said in the first release, N57.4Billion also released under the SUKUK and N120Billion. So this takes the Budget Performance up from 15.3 per cent in Q1 to 71.58 per cent as at today’’, he said eliciting applause from the Committee Members. He noted that this is the first time the Federal Government has recorded such impressive performance. The Minister, who noted that the budget has run just a little above two Quarters (June 2017 – January 2018), declared, ’’Our new performance now is 71.58 per cent. The details of those payments are what is broken down in Annex 1 covering, I believe, about 526 projects at various levels’’. He added that the Overhead Costs of the Ministry and its Parastatals currently stood at 62 per cent while the Personnel Cost which, according to him, was being implemented would be reported through the Office of the Accountant General of the Federation. Referring the Members to Annexure 1 of the document, Fashola said it contains details of the 526 projects listed there and various roads across the six geopolitical zones including breakdown of payments, physical progress of work, the certificates and the amount that have been paid, the budget performance and the progress of work achieved. The Minister reiterated that the 2017 Budget was in the sum of N586.535Billion for the Ministry of Power, Works and Housing and its parastatals. Also contained in Annexure 1, he said, were Overhead Costs in the sum of N15.047Billion, broken down in Paragraph B for the main Ministry, Parastatals and Agencies like FERMA and so on and so forth, the Personnel Costs amounting to N13,556,553,547 also itemized for the three sectors of the Ministry as well as the breakdown between the Main Ministry and the other sectors. Responding to questions from members, especially on the status of roads in the 2017 Budget which were not awarded in the Budget year, Fashola reiterated his earlier call for a bulk amount to be provided in the annual budget to fund roads adding that it would make for the continuous funding of the roads not awarded during the budget year. According to the Minister, this would also solve the recurring problem of a project meant for one annual budget reappearing in the budget for the following year or being abandoned adding that the present process whereby the Procurement Law stipulates a process that takes up to six months as well as other processes involved before the award of a contract was responsible for the aforementioned situation. ’’The truth is that I don’t see any self-respecting public officer, not the least of the people who are with me here, that want to start a project and not complete it; that I can say on their behalf, they don’t want to abandon any project. But from their experience, which I have come to share, is that in some budget years, when budget is passed they find zero location for some projects. So their enthusiasm is lost if their tool is taken away”, he said adding, however, that things have changed in the last two years. The Minister continued, “The question we must ask ourselves is, can we finance new projects every year? We are constructing roads in a very limited weather window and a very long drawn Procurement process of about six months every year and without completing one, we go to another because our constituents want them”. Fashola, who also noted that some of the roads being constructed run from 50km to about 500 kilometres, added that if in a state where they have three to five kilometre roads, it usually took 24 months to finish. Would it be physically possible to expect such lengthy roads to start and finish in one budget year? He advised that that it was necessary to adopt a process that would work for the country. “Our resources are not increasing in the same exponential manner in which we are committing to new projects and we have projects that will have to be completed”, the Minister said. Commenting on the budget performance, Chairman of the Committee Senator Kabir Gaya, commended the Minister for the performance saying in the history of budget performance in the country in the last ten years there has not been such achievement adding that the budget for Works in 2014, which, according to him was much smaller than the 2017 budget could not achieve up to half performance while the 2017 budget of over N500Billion had performed so much in just two quarters. “I want to say that in the history of our budget performance for the last ten years we have not seen such but in just two years we are seeing systematic progress. There was a budget of N20Billion I think in 2015 and the budget in the last two years has tripled that. This shows that this Government is concerned about improving the state of infrastructure”, the Chairman said. Noting that there have been some projects abandoned for 10 years before the coming of the present administration, the Chairman declared, “This administration has graciously put money into them. So I think Honourable Minister, I believe you are equal to the task you will continue to handle it and we know you are capable”. Also commenting on the performance, another member of the Committee, Sen. Barnabas Gemade, from Benue State, described it as something that had never happened before in the country. His words, ’’In line with the Chairman’s comments, I will like to say here that I have not seen any Budget of that magnitude funded up to 71 per cent; never’’. Most of the Committee members were, however, agreed that although the idea of creating a bulk budget to fund roads was good, it was necessary that the Government continued to function with the existing Procurement Law, Budget practice until such a time a new and acceptable Budget plan would be put in place. With the Minister at the Budget Defense were the Permanent Secretary, Works and Housing, Mr Muhammed Bukar, the Director, Finance and Accounts, Mr Ibrahim Tumsah, the Director, Public Procurement, Mr Ibrahim Badeiri, the Director Highways, Planning and Development, Engr. Chuks Uzo, and the Director Highways, Construction and Rehabilitation, Engr. Yemi Oguntominiyi among other senior officials of the Ministry. HAKEEM BELLO SPECIAL ADVISER, COMMUNICATIONS TO THE HON. MINISTER 18TH JANUARY, 2018 https://medium.com/@FMPWHng/federal-ministry-of-power-works-and-housing-425ccf11e72c 2 Likes |
Politics / Re: 2019: Duke, Ezekwesili, Agbakoba, Utomi In New Alliance, To Battle APC, PDP by obiageIi(f): 4:49pm On Jan 18, 2018 |
This is more like it, instead of chasing the criminal Atiku about 2 Likes |
Romance / Re: She's Tempting Me Or Am Having A Dirty Mind?? by obiageIi(f): 4:47pm On Jan 18, 2018 |
If I were you, I walk naked when she is watching too, preferably when her friend s are around 1 Like |
Politics / Re: Patrons & Sponsors Of Fulani Herdsmen by obiageIi(f): 8:18am On Jan 18, 2018 |
thesicilian:The worst attacks happen in 2012
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Politics / Re: Heaps Of Refuse At Lagos Island, Beside Lagos Central Mosque (Photos) by obiageIi(f): 10:16am On Jan 16, 2018 |
Ambode the disaster 35 Likes 2 Shares |
Politics / Re: FFK Was Almost Arrested This Morning For Fulani Herdsmen Comment by obiageIi(f): 9:11am On Jan 16, 2018 |
Ffk nobody is trying to arrest you. Wishful thinking 1 Like 1 Share |
Business / Re: Nigeria Attracted $6.8bn Investments In Nine Months – NBS by obiageIi(f): 10:55am On Jan 15, 2018 |
Akwa ibom fast overtaking Ogun state |
Politics / Re: Benue Massacre: Miyetti Allah Wants Compensation For Herdsmen Affected In Crisis by obiageIi(f): 9:50am On Jan 15, 2018 |
dfrost:I'm glad they did the right thing by closing that thread. The admin needs to be careful with what they put on the front page, he need to keep a close watch on his mods too. We used to really enjoy this forum, I don't know they are letting Nairaland slide |
Crime / Re: Makurdi Riots: Man Who Was Betrayed By His Muslim Friend. See Photos by obiageIi(f): 5:54pm On Jan 14, 2018 |
Seun how did u verify this? This medium is spreading hate faster than any other 1 Like 1 Share |
Politics / Re: BREAKING: Ambode Reshuffles Cabinet, Sacks Three Commissioners by obiageIi(f): 4:38pm On Jan 11, 2018 |
Let's hope the new commissioner of environment has something to offer |
Politics / Re: Boy’s Hair Freezes During Walk To School In Below Freezing Temperatures by obiageIi(f): 2:57pm On Jan 11, 2018 |
His face is frozen too. |
Politics / Re: PMB Shocked After Finding Out Yusuf Spent N114m On Power Bikes (details) by obiageIi(f): 2:51pm On Jan 11, 2018 |
No receipts, no pictures, not even the brand name of the said bike for over two weeks. Poor propaganda 10 Likes 1 Share |
Agriculture / Re: My Plantain Farm In Pictures by obiageIi(f): 12:43pm On Jan 11, 2018 |
Nice job bro 1 Like |
Business / Re: NCC Approves The Acquisition Of 9mobile By Globacom by obiageIi(f): 11:51am On Jan 11, 2018 |
Nice development. |
Crime / Re: Arms Manufacturer And Guns Runner In Nasarawa Arrested With Fabricated Weapons by obiageIi(f): 11:29am On Jan 11, 2018 |
Send him to proforce and use his talent 4 Likes |
Foreign Affairs / Re: Illegal Photos Of North Korea That Kim Jong Un Doesn’t Want You To See by obiageIi(f): 8:14pm On Jan 08, 2018 |
RoyalBlak007:I thought they said its illegal to own a bible |
Politics / Re: President Buhari's New Year Speech, 2018: 10 Key Points by obiageIi(f): 7:57am On Jan 01, 2018 |
Nice speech, nothing on the rampaging fulani herdsmen as usual. Smh 61 Likes 1 Share |
Politics / Re: Fg’s Appointment Of NFF Board Members An Oversight – Dalung by obiageIi(f): 8:04am On Dec 31, 2017 |
Incompetence of this admistration knows no boundss 56 Likes 3 Shares |
Politics / Re: 5 Times Wole Soyinka Criticised Pres. Buhari This Year by obiageIi(f): 7:52am On Dec 31, 2017 |
Lol, today's youth sitting at home behind their screens waiting for an 87yrs old man to do protests for them. Apperently cowardice runs through generations. Your fathers and grandfathers did the same hence Nigeria is still a sh.t hole. And for the i told you so crew, make no mistake about it nobody, atleast not me or prof regrets voting out the buffon called jonathan, my only regret is voting in another buffon 20 Likes 1 Share |
Celebrities / Re: Private Jet Robbery: Wizkid, Tiwa Savage Reports Are False, Baseless - FAAN by obiageIi(f): 1:24pm On Dec 28, 2017 |
Anything is possible in my country 1 Like |
Politics / Re: The 2019 Presidential Elections And The Current Noipolls by obiageIi(f): 2:52pm On Dec 18, 2017 |
Only the SW can stop buhari from winning 2019 7 Likes 1 Share |
Politics / Re: Yakubu Gowon As An Undergraduate At University Of Warwick (Throwback Pictures) by obiageIi(f): 3:31pm On Dec 17, 2017 |
Isn't this just impressive 1 Like |
Crime / Re: Angry Nigerian Youths Trend #EndSARS On Twitter (Photos) by obiageIi(f): 6:58pm On Dec 02, 2017 |
I hope the government acts on this. You'll wonder why these SARS guys are allowed to wear earings, tattoos and all sorts of crazy hairstyles including braids. Lalasticlala, seun 111 Likes 6 Shares |
Politics / Re: National Intervention Movement: Agbakoba, Duke, Utomi, Float Political Group by obiageIi(f): 8:21am On Nov 29, 2017 |
Why not contest instead of these groups |
Politics / Re: Picture Of Governor Aregbesola Waving At 'Ghosts' In Transit - Twitter User by obiageIi(f): 6:16am On Nov 28, 2017 |
Politics / Re: Picture Of Governor Aregbesola Waving At 'Ghosts' In Transit - Twitter User by obiageIi(f): 9:49am On Nov 27, 2017 |
Nice road 76 Likes 7 Shares |
Agriculture / Re: ... by obiageIi(f): 9:01pm On Nov 15, 2017 |
EMMAACHILE:Ok sir. |
Music/Radio / Re: List Of 150 Of The Greatest Nigerian Songs By Naptu2 by obiageIi(f): 9:30am On Nov 12, 2017 |
naptu2:Nice |
Agriculture / Re: ... by obiageIi(f): 9:27am On Nov 12, 2017 |
EMMAACHILE:Oga Emma, what's the average weight |
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