Connect with us

Society

Buhari, National Assembly’s Fight over 2016 Budget Continues

Published

on

THE crisis between President Muhammadu Buhari and the National Assembly over the 2016 budget has worsened as the executive has discovered fresh padding of the fiscal document by the lawmakers.

Sunday PUNCH reliably learnt on Saturday that only one minister did not have problems with the budget when it was discussed at the emergency Federal Executive meeting presided over by the Vice-President, Prof. Yemi Osinbajo on Friday.

It was learnt that the lawmakers reduced amounts allocated to some major projects and inserted what was not originally included in the budget by the executive.

A top civil servant, who confided in Sunday PUNCH said, “Only one minister did not have any problem with the budget details the National Assembly submitted to the President.

“There are instances, where they completely removed projects and padded the budget by inserting theirs. The lawmakers should know that the budget is the document of the executive and it takes responsibility for it.”

It was learnt that at the FEC meeting that many key aspects of the budget on government’s infrastructural programmes were removed.

One of such, it was gathered, was the coastal railway project. Findings showed that Calabar-Lagos rail project was removed from the budget by the lawmakers.

The senior civil servant, who confided in Sunday PUNCH, said, “The coastal railway project is one of the reasons the President is in China. N60bn counterpart funding has been provided.

“We are working on two major rail arteries. The Lagos-Kano line and the Calabar – Lagos line. While the Lagos-Kano provision was left intact by the National Assembly, the Calabar – Lagos line was removed.”

The projects will be jointly financed by the Federal Government and China.

It was learnt that the FEC meeting noticed that the amount proposed for the completion of the Idu-Kaduna rail project, was also reduced by N8.7bn.

It was gathered that the executive observed that the reduction would make the completion of the project difficult.

The civil servant stated, “Another major area noticed was the completion of on-going road projects. While the executive in the budget provided for the completion of all major road projects, the National Assembly reduced the amounts budgeted for them and instead, inserted new road projects which studies have not even been conducted.

“The amounts allocated by the National Assembly for the projects can neither complete the ongoing projects nor the new ones. At the end of 2016, no significant progress would have been made.

“Another major flaw in the budget is in the health sector. Proposals made for the purchase of essential drugs for major health issues such as Polio and AIDs were removed by the National Assembly.”

The FEC also observed that certain provisions made for agriculture and water resources as part of the Federal Government’s diversification projects were either removed or reduced.

“The funds were moved to provision of rural health facilities and boreholes, for which provisions have been made elsewhere,” the top civil servants said.

It was gathered that the lawmakers made such provisions in their constituencies.

Investigations showed that the President had reached out to the leadership of the National Assembly as part of efforts to resolve areas of disagreement.

It was learnt that Buhari was determined to ensure that the budget was signed as soon as he returned from China and once the grey areas were resolved.

It will be recalled that the National Assembly had a few months ago detected errors in the budget. The lawmakers had also alleged that the budget was padded.

Asked to speak on the recent development, the House of Representatives advised the executive to appreciate the power of the legislature to appropriate funds as enshrined in the 1999 Constitution.

The Chairman, House Committee on Media and Public Affairs , Abdulrazak Namdas, who gave the House’ position, explained further: “The job of the executive is to initiate projects and spending heads, but it is the responsibility of the National Assembly to appropriate funds as necessary.”

On padding, Namdas said that it was actually the fault of the executive, which brought a budget that was already full of discrepancies to the National Assembly on December 22, 2015.

“Padding was an issue that the executive itself admitted even before the National Assembly started a thorough re-working of the budget to clean it up,” he said.

The senate spokesperson, Senator Sabi Abdullahi, neither picked calls to his mobile telephone nor responded to the text message sent to him on the issue.

Also the Chairman of the Senate Committee on Appropriation, Senator Danjuma Goje, had yet to respond to a text message sent to him after repeated calls made to his mobile line did not connect.

When contacted, the Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enag said, “What the Minister of Information said after the FEC meeting is the exact position of government on the issue. I have nothing more to add.”

Continue Reading
Advertisement

Society

Mojisola Meranda Resigns as Lagos assembly speaker After Serving For 49 Days!

Published

on

By

 

Mojisola Meranda has resigned from her position as the Speaker of the Lagos State House of Assembly after serving for only 49 days.

 

Her resignation followed a meeting with several key figures, including Mudashiru Obasa, the former speaker embroiled in controversy, Cornelius Ojelabi, the chairman of the All Progressives Congress (APC), and Lawal Pedro, the Attorney-General of Lagos State.

 

More to come…

Continue Reading

Society

Aisha Achimugu Wins Entrepreneur of the Year Award

Published

on

By

 

Aisha Achimugu, OFR, an Abuja-based businesswoman and Chief Executive Officer of Felak Concept Group, a firm that is into civil, structural and transportation engineering, is one of the highly respected employers of labour in the country.

 

Undoubtedly, the serial entrepreneur that deals in exploration, production and distribution of petroleum products, has made and continues to make huge contributions to the nation’s economy.

 

She has proved to be someone that matches street smartness with book wisdom.

 

Brick by brick, Achimugu has built a vast layout of opportunities for young Nigerians and has demonstrated that greatness can be earned through diligence and hard work, making her great impact in various sectors.

 

At different times, the Founder and President of SAM Empowerment Foundation has also been duly recognized for her industry and philanthropy within and outside the country.

 

Interestingly, last night Saturday March 1st, at the prestigious Eko Hotel and Suites, Victoria Island Lagos, family, friends and fans shared in the joy of the 51-year-old, who holds a degree in Accounting from the University of Jos and a Master’s in Business Management from the University of Belize, when she bagged the award of Entrepreneur of the Year at the Sun Newspapers Awards ceremony.

 

During the ceremony, many of the distinguished guests were said to have intoned that she would have also won an award for the Philanthropist of the Year, if there was such a category.

 

Indeed, she is not lagging behind in philanthropy, considering that her well documented humanitarian gestures had impacted millions of people and communities in Nigeria over the years.

 

The very elated woman posted on her social media, she acknowledged the award.

She wrote:

‘’The Sun Publishing Limited has proudly recognised me, as the Sun entrepreneur of the year, celebrating my outstanding contributions to business, leadership and social impact.

t’s such an honor to be recognized as The Sun Entrepreneur of the Year 2025

 

As a visionary leader and the President of Felak Group of Companies, I have consistently demonstrated excellence across multiple industries, including engineering, maritime, oil and gas, ICT, and development. My ability to drive innovation while maintaining integrity and business acumen has set me apart as a trailblazer in Nigeria’s entrepreneurial landscape.

 

My recognition is not only a testament to my business expertise but also to my commitment to national development. From my early academic pursuit as a pioneer in Nigeria’s maritime sector, I have made history as the first female transaction advisor for the Ibaka Seaport project. Additionally, my philanthropic efforts have impacted countless lives, reinforcing my dedication to uplifting communities through The Aisha Achimugu Foundation

 

The Board of Editors of The Sun Publishing Limited acknowledged my relentless drive, economic contributions, and unwavering commitment to excellence hence The Entrepreneur of the Year Award bestowed upon me

 

The award was formally presented to me at The Sun Awards 2026 in Eko Hotel, Lagos, on March 1, 2025, in the presence of industry leaders, dignitaries, and well-wishers.

 

Congratulations to myself and all recipients’’

 

In her younger days, she was the envy of some of her friends simply because she easily proved to have known her right from her left when some of them were still tied to their mothers’ apron strings.

 

Much later, when she floated her business, it took her little or no time to prove that she is indeed set out to pursue her dream on the global stage.

 

Though, it was considered an impossible task by some naysayers, she was determined to pursue her ambition of ruling the world with her unwavering doggedness.

 

Today, she rubs shoulders with other world-class and renowned business moguls as she has gradually built her career to the international stage.

Continue Reading

Society

Elegushi to celebrate coronation anniversary with N200 Million Grant for SMEs, students

Published

on

By

 

In a remarkable show of commitment to community development and empowerment, the Oba Saheed Elegushi Foundation has announced a generous allocation of N200 million to support small and medium-sized enterprises (SMEs) and students in Eti-Osa area of Lagos State. This initiative coincides with the 15th anniversary of His Royal Majesty, Oba Saheed Ademola Elegushi, the Elegushi of Ikateland, who has dedicated his reign to fostering growth and prosperity within his community.

 

In press statement signed by the traditional ruler’s spokesperson, Temitope Oyefeso, he said the foundation’s initiative aims to provide financial assistance and resources to local entrepreneurs and students, helping to stimulate economic growth and enhance educational opportunities.

 

The funding will be distributed through various programs designed to support innovation, entrepreneurship, and academic excellence.

 

Oba Elegushi, who has been a pivotal figure in promoting sustainable development in his kingdom and Lagos State, expressed his deep commitment to uplifting the community.

 

“As I celebrate 15 years on the throne, I am continuing in the tradition of giving back to the society that has supported me. This initiative is a testament to my belief in the potential of our youth and the resilience of our entrepreneurs. Together, we can build a brighter future for our communities,” he stated.

 

This initiative not only marks a significant milestone in the Elegushi monarch’s reign but also reinforces the foundation’s commitment to driving positive change within its area of focus.

 

Oyefeso added that a planning committee, headed by lagos lawyer Dr Muiz Banire, is already working round the clock to ensure a successful celebration for the traditional ruler.

 

Other activities planned to celebrate the milestone anniversary, which holds from 18 – 27 April 2025, include the public presentation of a book on the history of Ikate-Elegushi kingdom, conferment of honorary chieftaincy titles on eminent Nigerians, as well as a cultural festival and an anniversary banquet.

 

Oba Saheed Elegushi was installed as the 21st Elegushi of Ikate kingdom on the 27th of April 2010.

Continue Reading

Trending