Budget distortion: Fear grips NASS


 
*As members call for ceasefire with Presidency
*Revealed: How top NASS messed up budget for Buhari
 *Project dichotomy saw NASS bigwigs getting N1.6 b projects
 *Chairmen of committee, N1.5b ordinary members, N200m each
*House agrees to address areas of concern

 Fear has now gripped some top officials of the National Assembly over the revelation that they hijacked the budget sent in by President Muhammadu Buhari and used their positions to distort the fiscal document by allocating huge projects worth billions of Naira to themselves under the guise of working on the budget. File: Buhari during the 2016 budget presentation to the National Assembly. File: Buhari during the 2016 budget presentation to the National Assembly. The affected influential lawmakers in the two chambers of the NASS, are said to be worried that the action they took to corner substantial amount of money in the budget, using the platform of ‘Constituency Projects’ has been punctured by the refusal of the president to sign the budget without the details. It was also gathered that the House of Representatives has agreed to address some of the concerns raised by the executive arm of government in the budget while some of the controversial allocations inserted into the budget by the principal officers for their constituencies would be redirected to finance other critical national projects. The revelation has split the NASS into two factions, with one backing President Muhamadu Buhari while the other, is frontally opposed to him and his administration. The ‘strong men’ of the NASS are reported to have cornered projects worth N1.6 billion each, leaving another level of committee men with N1.5 billion each and a general sum of N200 million for the ‘average’ or common member of the legislature. This plot, Saturday Vanguard gathered, boomeranged when some loyalists of President Buhari, who were privy to the scheming of the powerful cabal in the NASS to change the budget for their own selfish interest, alerted him of the plot and cautioned him not to sign the budget when it eventually comes. The President’s loyalists, who felt slighted but still played along with the ‘rebels’ in the NASS, promptly laid the antics of the cabals to the Presidency and it paid off even while Buhari was in far away Saudi Arabia at the time.








Check the Vanguard Newspape for the full story.



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