Buhari Requests Approval for N180bn Transfer to Fund NYSC, Amnesty, Salaries and Others

Details have emerged of a request made by President Muhammadu Buhari to transfer unspent funds under the N500 billion Special Intervention Fund to other critical areas starved of funds.


In a letter to the National Assembly read on the floor of the senate at its plenary on Tuesday, President Buhari requested approval for the transfer of N180, 839, 254, 430 billion from the Special Intervention Fund.

The letter conveying the President’s request, dated October 24, 2016, contained a list of some agencies for which the fund is being sought.

The Nation provides a breakdown of the president’s proposal on how the sum requested under the virement is to be spent.


Of the cash, N71.8 billion will go to addressing shortfalls in Public Service Wage Adjustment. The Amnesty Programme will get N35 billion. 
The National Youth Service Corps (NYSC) will get N19.7 billion; Foreign Mission (N14.6 billion), Operation Lafiya Dole (N13.9 billion), Internal Operations of Armed Forces (N5.2 billion) and Margin for Increase in Cost  (N2 billion). 
Others include Nigeria Air Force (N12.7 billion), Presidential Initiative for the North East (N1.5 billion), Public Complaint Commission (N1.2 billion), Contingency for Service-Wide Vote (N1.2 billion), Police Academy, Kano, (N9.3 million), Federal Ministry of Education (N900 million), among others. 
Of the N180 billion, N166.6 is expected to be drawn for recurrent expenditure. The remaining N14.2 will be for capital expenditure.
In his letter, the president explained that the request became necessary due to shortfalls in workers’ salaries, adding that some ministries and departments of government presently stood the risk of being locked out of the IPPIS platform as their personnel cost budgets would not cover salaries for the rest of the year.

It also stated that only N20 billion was budgeted for the Amnesty Programme in 2016 and that the money had already been released, but could not cover the allowances of ex-militants who have not been paid since June.

This, the President observed, had created a lot of restiveness, compounding the security challenge in the Niger Delta.

The N19. 7 billion earmarked for the NYSC is meant to mobilise a backlog of 129, 469 corps members for November.


President Buhari cited delays in working out the operational modalities as reason for the slow take-off of the special intervention program. He however said adequate provisions would be made for it in the 2017 budget.

OJPals, what do you think? Let us know!

@OJ’s Blog EXCLUSIVE
Email: olumidejohnson.blogs@gmail.com
Find me on Instagram at J.mide

Comments

Post a Comment

Popular posts from this blog

Slavery: See How White Slave Traders Dehumanised Naked Black Slave Women

Image
Sexual assault of black female folks was paramount during the slave trade era as perpetrated by white people who degraded their Africans to assets rather than human beings.  Sexual assaults of female black slaves by white male plantation owners, their sons, brothers and other male acquaintances were heartlessly perpetrated unhindered in the 15th and 19th centuries before its abolition. Black women were technically degraded to objects for hard work and pleasure with no real value attached to their feelings. History recorded that black women were raped and dehumanized without fear of punishment. The reasons of their white owners couldn't be justified as they smelt of share hatred and xenophobia for their skin colour. Black men were also sexually abused by slaveholders, and sometimes, their wives were not spared from the ill-treatment as they worked tirelessly on farmlands with stipends that amounted to virtually nothing. The slave trade refers to the transatlantic tradi...
Read more

Get in Here, Ladies! Tyson Beckford Strips for Massive Eggplant Selfie on Instagram; Fans React

Image
Tyson Beckford is getting older, but the actor and supermodel has refused to quit taunting his Instagram fans with explicit photos. Moments ago, Beckford stripped down to his underwear, showing off his massive meat print and the 45-year-old hunk went on to brag about his anatomy. “Since my team don’t want me posting pics with gunz, as a concealed weapons licensed owner, I give you my .44 Magnum!” he said, sending Instagram on yet another meltdown. In April 2015, the famous black supermodel stripped butt naked for the gram just to promote his new movie, ‘Chocolate City’ where he went nude for the camera in a role as a stripper. Now, he is back, and already fans are flooding his page with comments. See some of the reactions: OJPals, what do you think? Tell us in the comments! @OJ’s Blog  EXCLUSIVE
Read more

‘Queen of SnapChat’ YesJulz Sex Tape Hits the Internet, and it’s Horrible

Image
YesJulz’ sex tape has finally hit the internet. The tape which shows the acclaimed ‘Queen of Snapchat’ having sex with a male photographer was leaked by two people she recruited to work with her. According to  Bossip , the two people – a Miami-based fitness model, Hencha Voigt, and another man, Wesley Victor – hacked into Julz’ phone, got her explicit photos and the sex tape YesJulz recorded. The duo then threatened to release them to the public within 24hrs if she didn’t pay them $18,000 cash. The Miami Beach Police said that Voigt and Victor sent Julz some of the pictures and videos as proof. “ 18K cash … you can have them back as I said you dope chick. I like your movment look if I feel any fun business game over your choice,”  Victor said in his message to Julz last week, and then they gave her a 24-hour deadline. However, the two were arrested hours ago by the police, the cellphone retrieved, and both have confessed to threatening Julz wh...
Read more