FG is to spend
N11 billion to host the national dialogue and the World Economic Forum (WEF) in
Abuja
FG is to spend N11 billion to host the national dialogue and the World Economic Forum (WEF) in Abuja
This
figure is contained in the details of the 2014 budget breakdown, which states
that N7 billion is to be spent on the national dialogue.
Former
President Olusegun Obasanjo, on January 18, 2005, requested the approval of
N932 million to fund a three-month National Political Reform Conference
scheduled to begin mid-February of the same year.
In
the breakdown, Obasanjo said delegates would earn N21.68million as sitting
allowance and N650. 25 million as allowances in lieu of accommodation.
Also
included was N1.7million for return tickets from London, Washington, Beijing
and Johannesburg, in addition to N28,800 for return flights to Abuja for the
inaugural session and subsequent conference meetings.
Delegates,
he noted, would be given N14,400 for airport taxi and local transportation
within Abuja. There was provision for, at least, two CVU long wheel cars to be
hired and fuelled at N2.9 million.
However,
in the case of the Dr. Jonathan administration's national dialogue, there is no
breakdown of how the N 7 billion will be spent.
Besides,
N4 billion is to be spent on hosting the WEF in Abuja.
These
figures are captured under the Service Wide Vote of the Federal Ministry of
Finance for 2014, with other expenses submitted for appropriation to the
National Assembly. They include N35,409,859,962 to fund the presidential
amnesty programme for the reintegration of transformed ex-militants;
N546,300,000 for the presidential amnesty programme for the
reintegration/transition safety allowances for 3,642 ex-militants (third phase)
and N3,699,933,814 as operational cost for the programme.
Besides,
the fund allocated to the Independent National Electoral Commission (INEC) to
conduct elections, N21 billion is voted by the Ministry under its service wide
vote for election logistics support. There is also N7 billion proposal for
payment of outsourced services.
Under
the miscellaneous heading of the ministry's service wide vote in 2014, N27.5
billion is proposed to be spent on unexplained contingency funding;
N5,149,600,000 is set aside for adjustments to the recurrent budget and N5
billion for capital cost adjustments.
The
capital expenditure of the ministry's service wide vote is estimated to cost
N433,584,612357. From this amount, N100 billion will go to finance constituency
projects for legislators of the National Assembly; N62.8 billion for special
intervention; N8 billion for national job creation scheme; N30 billion for the
sinking fund for infrastructural development; N14 billion for Nigeria
Electricity Liability Management Company (NELMCO) and N16 billion for the bulk
trader.
In
the budget, N5 billion is budgeted to be spent on "2011 election violence
and civil disturbance (damage done to public property and places of worship)
and N12.6 billion on special intervention Millennium Development Goals (MDGs 1
and 2).
About
N10 billion is to be returned to a special account (not specified) and another
N10 billion to fund the Multi Year Tariff Order (MYTO) under the electricity
provision programme. The government, through the ministry is asking for N25
billion to pay off maturing domestic bonds and N5 billion for payment of local
contractors' debts; N16 billion for Development Finance Institution (DFI) and
N4,060,000,000 to fund galaxy backbone infrastructure.
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