N300bn

My ministry got only 53 per cent of its 2016 budget – Fashola

Minister of Power, Works and Housing, Babatunde Fashola has said the ministry received only 53 per cent of the over N300bn appropriated to it 2016. Fashola said this at the ongoing 2017 budget defence before the Senate Committee on Works on Monday in Abuja. He said the ministry was allocated N456. 94bn in the 2016 budget... Read More

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2016 budget, babatunde Fashola, Minister of Power, N300bn, proposal, Works and Housing

August 20, 2016

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EFCC probes National Assembly contracts worth N300billion

The Economic and Financial Crimes Commission (EFCC) has started investigations into how the 2014 and 2015 budgetary allocations of the National Assembly were spent. The anti-graft agency on Friday requested details of the budgets, including contracts to the tune of N300billion, from the National Assembly Clerk, Sani Omolori. It was also learnt that some principal... Read More

The News Blog

Budget padding, Economic and Financial Crimes Commission, EFCC, N300bn, National Assembly budget allocations, PROBE