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Buhari seeks Senate’s approval for N276.8bn virement

The Senate Tuesday received a formal request from President Muhammadu Buhari seeking the Senate’s approval for the virement of N276,757,232,395 to fund expenditures in the 2021 budget.

The request, contained in a letter dated December 16, was read by the Senate President Ahmad Lawan during plenary.

According to Buhari, the sum would be sourced from the N365bn Service Wide Vote for Upscaling of National Social Investment Programme.

The letter titled, ‘2021 Appropriation Act: Request for Virement to Fund Critical Expenditure’ reads: “The Senate may wish to recall that I signed the 2021 Appropriation on Dec. 31, 2020, for a total expenditure of N13.588 trillion and a Supplementary Appropriation to cater for critical needs for the Security and Health Sector in the sum of N983bn on July 26.

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“The details of the expenditures proposed for the virement are attached herewith as schedule 1 while Schedule 2 shows the sources of the funds to be vired for the items in Schedule 1.

“In the light of the above, I implore the Senate to urgently consider the virement proposals to support our efforts to improve the well-being of our citizens.”

A breakdown of the virement request detailed by the Federal Ministry of Finance, Budget and National Planning showed that N199, 129, 053, 400 was for payment of local contractors debts, public service wage adjustment for MDAs, SDGs Projects 3 and Group Life Assurance for all MDAs.

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In addition, N4, 500, 821, 569 is for Federal Ministry of Education, N2, 335, 167, 265 for Nigeria Airforce; N4, 617, 811, 857 for Ministry of Defence, N25bn for National Assembly in settling minimum wage arreas of National Assembly Staff and intervention to settle outstanding liabilities owed local contractors.

Others are N20, 038, 920, 773 for Federal Roads Maintenance Agency; N762, 678, 972 for Nigeria Correctional Services; N592m for the Federal Road Safety Commission as financial assistance for the execution of 2021 end of the year special patrol operation.

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Also, the sum of N19, 780, 778, 558 was funding for Federal Medical Centre, Katsina, University of Maiduguri Teaching Hospital, Ahmadu Bello Teaching Hospital, Zaria.

“Usman Danfodio University Teaching Hospital, Sokoto, Lagos University Teaching Hospital, University of Nigeria Teaching Hospital, Enugu, University of Benin Teaching Hospital and Jos University Teaching Hospital.” (NAN)

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