By Tordue Salem
ABUJAâ€” PRESIDENT Goodluck Jonathan, yesterday, proposed N236, 587,39 billion expenditure on projects in the Niger Delta area this year.
Breakdown of the proposal which was contained in a letter the President addressed to the Speaker of the House of Representatives, Mr. Dimeji Bankole, showed that Revenue Brought Forward was N91, 582.63billion; Federal Government Contribution (Submission by President): N35, 621.77billion, Federal Government Contribution (Excess Crude/Arrears): N9, 012.99billion, Oil Companies Contribution and Others: N100million, and Internally Generated Revenue: N370million
The Presidentâ€™s letter read in part: â€œPursuant to Section 18(1) of the Niger Delta Development Commission (Establishment, etc.) Act, I wish to submit the 2010 estimate of the expenditure and income of the Commission for the kind consideration and approval of National Assembly.â€
The presentation added: â€œThis (proposal) represents an increase of 84.3 per cent over last yearâ€™s budget is made up of Personnel Expenditure of N5, 860.25million, Recurrent Expenditure of N6,964.48million, Capital Expenditure of N1, 730.55million and Projects (Development) Expenditure of N222,032.11million.â€
Meantime, a member of the House,Â John Halims Agoda,Â PDP, Ethiope, Delta, protested the proposal describing it as a sign ofÂ â€œExecutive un-seriousnessâ€ since it was coming towards the third quarter of the 2010 fiscal year.
Agoda who also insisted that the proposal was belated observed that â€œit could have been better, if it came together with the budget 2010 proposal.â€
Besides, the House also considered a â€œReport of the Committee on Sports on a Bill for an Act to Establish the Nigerian Sports Endowment Fund to be applied for encouraging, promoting and supporting the continuous discovery and preparation of talented citizens in varied competitive sports, rewarding every sportsman and woman who brought honour and glory to Nigeria, including provision for their welfare when critically injured or retired from any such sports, for matters connected therewith.â€