Benue House of Assembly passes 2017 supplementary budget of N2.18bn
Tue, Mar 20, 2018 | By publisher
Politics
BENUE House of Assembly has passed the 2017 supplementary budget of N2, 18 billion. The budget was passed on Tuesday on the floor of the House during plenary.
Before the passage of the budget, the Chairman of the Appropriation Committee, Mr Adam Okloho (Adoka/Ugboju/PDP), told the House that extra-budgetary allocation on recurrent expenditure, especially on overhead costs had necessitated the supplementary estimates by Gov Samuel Ortom.
The House, therefore, approved the estimates, saying that the reasons for the 2017 supplementary budget were cogent.
However, the house directed the State Planning Commission to closely monitor the implementation of budgets by Public Sector Entities (PSEs) to properly advise them to apply for virement when there was need to forestall the continued extra-budgetary expenditures always incurred.
The News Agency of Nigeria (NAN) reports that the 2017 total revised budget approved by the House was N183, 368,780. (NAN)
– Mar. 20, 2018 @ 17:13 GMT |
Related Posts
There will be only two genders – Trump promises end to ‘transgender lunacy’
PRESIDENT-elect Donald Trump on Sunday pledged to “stop the transgender lunacy” on day one of his presidency, as Republicans —...
Read MoreTax Reform bills: Why we insist on withdrawal — Ndume
FORMER Senate Leader, Mohammed Ali Ndume, has said his insistence on the withdrawal of the Tax Reform Bills forwarded to...
Read MoreFG lifts ban on mining to boost Zamfara IGR – Minister
ALHAJI Bello Matawalle, Minister of State for Defence, says President Bola Tinubu has lifted the ban on mining in Zamfara...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.