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2019: Senate Cuts Presidency, Other MDAs' Budget To Fund INEC's N242bn Budget

2019: Senate Cuts Presidency, Other MDAs’ Budget To Fund INEC’s N242bn Budget

2019: Senate Cuts Presidency, Other MDAs' Budget To Fund INEC's N242bn Budget

In order to accommodate INEC’s 2019 budget, the Senate has slashed budgets of MDAs, including that of the presidency.

The Senate on Wednesday made a U-turn on the source of funding for the budgets of the Independent National Electoral Commission and security agencies to conduct the 2019 general elections, Punch has reported.
While the National Assembly had earlier approved N242,245,050,100 from only the Special Intervention Programme under the Service Wide Votes of the Presidency, half of the money will now be taken from the 2018 budgets of ministries, departments and agencies.
The move by the legislature followed the adoption of a motion by the Chairman of the Senate Committee on Appropriations, Senator Danjuma Goje, and 18 unnamed others.
Moving the motion, Goje urged the Senate to “rescind and reconsider its approval of the request as contained in Resolution S/RS/027/04/8, in line with Order 53(6) of its Standing Order” and approve the sum of N242,245,050,100 as earlier passed by the legislature.
He further prayed the Senate to approve “the source of funds from ministries, departments and agencies, and the Service Wide Votes as contained in the table below and the attached details.”
According to the table, N121,122,525,050 will now be vired from the N500bn SIP under the SWV.
The other half of the N242,245,050,100 elections budget was taken from the votes to 30 MDAS, including the Presidency.
The Ministry of Power, Works and Housing will contribute the largest share of the balance with N25,527,821,945 vired from its N714,668,969,899 appropriation.
Other ministries hit by the virement are the Water Resources, with N12,954,799,500 taken from its N155,149,395,652 budget. Ministry of Agriculture and Rural Development will contribute N11,057,594,240; Education, N10,238,444,433; Budget and National Planning, N8,845,154,871; Health, N8,059,195,896; Science and Technology, N7,466,143,244; and Industry, Trade and Investment, N7,085,582,899.
The Presidency, which had N59,343,353,082 appropriated for it in 2018, had N1,247,843,520 taken from its budget.
Out of the N242bn for the elections, INEC gets N189,007,272,393, while the Office of the National Security Adviser and security agencies get N53,237,777,707.
President Muhammadu Buhari had in a letter to the National Assembly dated July 11, 2018, presented a N228bn supplementary budget to the National Assembly, asking the legislature to re-allocate part of the N578bn voted to the projects inserted into the 2018 Appropriation Act by the lawmakers to fund the exercise.
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Sir3pu (Sir Triple) is the founder of Wiseloaded Media (Wiseloaded.com). Sir3pu has been into Entertainment industry for a long time... Sir3pu is a blogger, Songwriter, Screenwriter, Content Writer, Website Developer, SEO Expert. The multi-talented blogger was a co-founder of former great Dancing Group (Mighty Dancers) in the city of Ibadan. He studied Computer Science in Olabisi Onabanjo University. He is also an Electrical Engineer by profession.

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