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Presidency, Lawmakers Set to Clash Over N189.2b Approved for INEC

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  • Presidency, Lawmakers Set to Clash Over N189.2b Approved for INEC

The Senate yesterday approved N189.2 billion for the Independent National Electoral Commission (INEC) for the conduct of the 2019 general elections.

A sharp disagreement may have broken out between the Presidency and the upper chamber over the source of funding for the INEC budget.

The Senate refused to approve that the N189.2 billion for INEC should be sourced from the Constituency Intervention Fund to fund the 2019 general elections.

The upper chamber resolved that the fund should be sourced from the Special Intervention Programme, as provided in the Service Wide Votes of the 2018 Appropriation Act.

President Muhammadu Buhari, in a letter addressed to the Senate President in July, requested the Senate to vire over N242 billion from the N500 billion the National Assembly inserted into the 2018 budget as its Constituency Intervention Funds.

The fund, Buhari said, was to enable the INEC and security agencies to conduct the 2019 general elections.

But, the Senate failed to approve the request due to its annual break in July.

The joint Senate and House of Representatives Committee on INEC and Electoral Matters, held a series of meetings with INEC officials to address some grey areas in the INEC request.

Chairman of the committee Senator Suleiman Nazif said members resolved to ask the Presidency to find other sources of funding for the conduct of the 2019 general elections.

The lawmakers refused to approve the reduction of funds meant for their constituency projects to fund the 2019 general elections.

In another letter addressed to the Senate President, which was read on Wednesday, the President was silent on the source of funding for INEC election budget for 2018 elections.

It was, however, believed that Buhari still wanted the fund to be sourced from the Constituency Intervention Funds.

The Senate Committee on Appropriations, which met on Wednesday to conclude work on the president’s request, submitted its report yesterday.

The appropriation committee adopted the position of the INEC and Electoral Matters Committee that the fund should be sourced from the Service Wide Vote.

The report of Appropriations Committee, adopted by the Senate, said N144.746 billion should be vired from the Special Intervention Programme (Recurrent).

It vired another N44.260 billion from Special Intervention Programme (Capital) – a total of N189.2 billion as requested by INEC.

Chairman of the committee, Mohammed Danjuma Goje, while presenting the report, said: “The sum of N189.2 billion requested for the funding of the 2019 general elections should be vired from both recurrent and capital components of Special Intervention Programme captured in the Service Wide Votes of the 2018 Appropriation Act and be added to the sum of N45.5 billion provided for INEC in the statutory transfers.

“This will bring the total budget of INEC in the 2018 budget to N234,507 billion.”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Government

Senate Suspends Senator Abdul Ningi for 3 Months Over Budget Padding Allegations

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Abdul-Ahmed-Ningi

The Senate has announced the suspension of Senator Abdul Ningi for three months following his allegations of budget padding to the tune of N3.7 trillion in the 2024 budget.

Ningi, who represents Bauchi Central and chairs the Senate Committee on Population, had made the claims in a recent interview with the Hausa service of the BBC.

During a plenary session, Senator Olamilekan Adeola, the Chairman of the Senate Committee on Appropriations, raised a motion to address Ningi’s allegations, citing the urgent need to address what he termed as “false allegations.”

The transcript of Ningi’s interview was read on the Senate floor, prompting deliberation on the appropriate action to take.

Initially, Senator Jimoh Ibrahim proposed a 12-month suspension for Ningi, but Senator Chris Ekpeyong moved to reduce it to six months.

Eventually, Senator Garba Maidoki amended the motion further, suggesting a three-month suspension.

The amended motion was put to a voice vote, and Senate President Godswill Akpabio announced the decision to suspend Ningi for three months.

Following the ruling, Ningi was escorted out of the Senate chamber by the Sergeants-at-arms.

The suspension comes amidst division within the Senate over Ningi’s claims, with some senators disowning his allegations and calling for a thorough investigation.

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Government

Ekiti Governor Unveils Multi-Billion Naira Relief Programmes Amid Economic Crisis

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Biodun Oyebanji

Ekiti State Governor, Mr. Biodun Abayomi Oyebanji, has announced a comprehensive relief package aimed at alleviating the hardship faced by the people of the state.

The relief programs encompass various sectors to cushion the impact of the economic downturn.

One of the key initiatives entails clearing salary arrears amounting to over N2.7 billion owed to both State and Local Government workers.

This move signifies the government’s commitment to addressing the financial burdens faced by its workforce.

Furthermore, Governor Oyebanji has approved a substantial increase of N600 million per month in the subvention of autonomous institutions, including the Judiciary and tertiary institutions.

This augmentation is intended to enable these institutions to implement wage awards in alignment with State and Local Government workers’ salaries.

In addition to addressing salary arrears, the relief programs extend to pensioners, with the approval of payments totaling N1.5 billion for two months’ pension arrears.

Moreover, an increase in the monthly gratuity payment to state pensioners and local government pensioners will provide additional financial support, totaling N200 million monthly.

The relief initiatives also encompass agricultural and small-scale business sectors.

The allocation of funds for food production and livestock transformation projects underscores the government’s commitment to enhancing food security and economic sustainability at the grassroots level.

Governor Oyebanji emphasized that these relief programs are part of the state’s concerted efforts to mitigate the adverse effects of the economic downturn and foster shared prosperity.

The comprehensive nature of the initiatives reflects a proactive approach towards addressing the challenges faced by Ekiti State residents.

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Government

President Tinubu Orders Immediate Settlement of N342m Electricity Bill for Presidential Villa

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President Bola Tinubu has directed the prompt settlement of a N342 million outstanding electricity bill owed by the Presidential Villa to the Abuja Electricity Distribution Company (AEDC).

This move comes in response to the reconciliation of accounts between the State House Management and the AEDC.

The AEDC had earlier threatened to disconnect electricity services to the Presidential Villa and 86 Federal Government Ministries, Departments, and Agencies (MDAs) over a total outstanding debt of N47.20 billion as of December 2023.

Contrary to the initial claim by the AEDC that the State House owed N923 million in electricity bills, the Presidency clarified that the actual outstanding amount is N342.35 million.

This discrepancy underscores the importance of accurate accounting and reconciliation between entities.

In a statement signed by President Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, the Presidency affirmed the commitment to settle the debt promptly.

Chief of Staff Femi Gbajabiamila assured that the debt would be paid to the AEDC before the end of the week.

The directive from the Presidency extends beyond the State House, as Gbajabiamila urged other MDAs to reconcile their accounts with the AEDC and settle their outstanding electricity bills.

The AEDC, on its part, issued a 10-day notice to the affected government agencies to settle their debts or face disconnection.

This development highlights the importance of financial accountability and responsible management of public utilities.

It also underscores the necessity for government entities to fulfill their financial obligations to service providers promptly, ensuring uninterrupted services and avoiding potential disruptions.

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