BusinessEconomyGeneral NewsNews

No spurious expenditure in 2018 budget — FG

For the second time in less than a month, the Federal Government has insisted that there were no spurious items of expenditure in the 2018 budget currently with the National Assembly for scrutiny and approval.

The explanation was contained in a statement released in Abuja on Wednesday by Special Adviser (Media) to the Budget and National Planning Minister, Mr. Akpandem James.

The ministry made it clear that contrary to insinuations by commentators, all the items captured in the budget were well conceived and carefully provided for by the respective agencies of government.

It pointed to some of the items, including N10 billion for settlement of liabilities to contractors; N22.6 billion for Research and Development; N308.42 million for procurement of riot control equipment for police formations; N2.21 billion for Social Media Mining Suite by the Department of State Services and N338 million for computer software acquisition in the Federal Ministry of Finance, which were termed as suspicious by BudgIT,  a civil society organisation active in the budget space, are genuine provisions already explained by the relevant MDAs.

Related Articles

Back to top button
Close

Adblock Detected

We noticed you're using an ad blocker. To continue providing you with quality journalism and up-to-date news, we rely on advertising revenue. Please consider disabling your ad blocker while visiting our site. Your support helps us keep the news accessible to everyone.

Thank you for your understanding and support.

Sincerely, Defender Media Limited