Home News Senate Committee observes gaping holes in Fashola’s 2018 Budget for Power

Senate Committee observes gaping holes in Fashola’s 2018 Budget for Power

550
SHARE

The Senate Committee on Power, Steel Development and Metallurgy has condemned the 2018 Budget proposal of the Ministry of Power over irregularities in the estimates.

Some of the issues raised against the Budget include repetition of votes earlier approved in the 2017 Budget, repetition of estimates already defended by the Transmission Company of Nigeria (TCN), lack of details on releases and expenditures, as well as cost of contracts, their level of execution and balance for their completion.

The Committee asked the Minister of Power, Works and Housing, Babatunde Fashola to appear before it at a new date for the Budget defence, while asking the Ministry of Power to provide all the details they requested.

Displeased by the presentations of the Minister of State for Power, Mustapha Baba Shehuri and the Permanent Secretary, Loius Edozion, a member of the Committee, Mao Ohuabunwa, urged other members to discontinue the Budget defence and asked the Ministry to provide more detailed documents.