Breaking News

Reps make u-turn on Jonathan’s N98bn virement request

Abuja—In a dramatic volte face,members of the House of Representatives, yesterday, reversed its decision on President Goodluck Jonathan’s virement proposal of N98 billion.

Of this amount, N33 billion is for the Niger Delta Ministry.

It would be recalled that the House had rejected the President’s request, saying it was unnecessary as the year was coming to an end.

But, at the end of an executive session that lasted over an hour, the House Leader, Mrs. Mulikat Adeola-Akande, re-presented the bill and pleaded with her colleagues to approve it, in a move that suggested members had been placated.

Chairman, House Committee on Appropriations, Mr. John Enoh (PDP, Cross Rivers), said the virement was necessitated by the fact that there were 7,000 abandoned Federal Government projects across the country which needed to be completed.

The Speaker, Aminu Waziri Tambuwal, who presided, yesterday, implored   his colleagues to approve the request as there was a virement clause in the 2011 budget which allowed for virement of projects with the approval of the National Assembly.

The bill was referred to the Committee on Appropriations for further legislative action and is expected to be returned in a week.



Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.