fbpx
Wednesday, February 5, 2025
0.9 C
Hamburg

Policy Alert Raises Alarm Over Controversial Projects In Governor Umo Eno’s Supplementary Budget

Policy Alert, a Civil Society Organisation that promotes fiscal and ecological justice in the Niger Delta, has highlighted some controversial appropriations made in the Akwa Ibom State 2023 supplementary budget.

 

 

 

The Akwa Ibom State House of Assembly in September had passed a Supplementary Budget of N150bn in addition to N700bn earlier approved, bringing the total revised budget to N850bn for 2023 fiscal year.

 

 

 

A breakdown of the Supplementary Budget shows that N50.3bn is appropriated for recurrent expenditure while N99.69bn for Capital.

 

 

 

According to the release signed by the organisation’s Programme Officer, Fiscal Reforms and Anti-Corruption, Faith Paulinus, an  analysis of the supplementary budget reveals that a bulk of the capital expenditure on the supplementary budget was made on projects already inaugurated by the past administration.

 

 

 

The already inaugurated projects that received supplementary appropriation included a budget of N1bn for the Dualisation of 19.8km Ikot Oku Ikono Junction-Etinan Road with flyover at Ikot Oku Ikono, N500m for the Construction Etinan-Ndon Eyo road, N1.2bn for Eket-Etinan road, NIbn for Uyo-Ikot Ekpene road, and N6.5bn for Construction of International Terminal Building at Victor Attah International Airport.

 

 

 

“The provision of a supplementary budget for these projects after they had been clearly inaugurated by the previous administration raises a red flag and demands answers”the organisation stated. 

 

 

 

The statement added,”It is also disturbing that the Government of Akwa Ibom State prioritised provision of furnitures for new State House Members and purchase of utility vehicles in the supplementary budget, whereas the allocation for these items in the original budget were already sufficient and far above comparable rates.”

 

 

 

“In the supplementary budget, the purchase of 90 Jeeps for Office of the Secretary to the State Government (SSG) had N2.8bn supplementary budget totaling N5.55bn in the revised budget while the purchase of 90 Pick Up Trucks for the office of the SSG had a supplementary budget of N1.2bn totaling N2.6bn in the revised budget for the year.

 

 

 

The statement added that the State Assembly had a supplementary budget of N200m for Assembly Complex Landscaping, N750m for file cabinets for the Assembly, and N200m for office furniture, wondering why these items needed supplementation having been appropriated in recent times.

 

 

 

“While there is nothing wrong with having a supplementary budget,the  amount and the target areas on this particular supplementary budget leaves a lot of unanswered questions. 

 

 

 

“Akwa Ibom’s total revenue stood at N388.5bn as of the third quarter of 2023. This raises doubt that the State will be able to raise the N850bn revenue it has projected in its revised budget. The N150bn supplementary budget will, therefore, adversely affect the budget credibility of the State.”

 

 

 

 

 

Policy Alert however commended the State Government for making a supplementary budget of N6bn for implementation of erosion control across the State, N30bn for Provision to cushion the effect of fuel subsidy removal, and N500m each for Construction of outfall Drain at Atiku Abubakar, Construction of Outfall Drain along Urua Ekpa Road and Construction of Storm Water Control Facilities at Iquita Village, Oron.

 

 

 

The organisation also commended the State Government for the N300m supplementary budget for the construction of the 3.6km Mbikpong- Ikot Akpaedu Road in Ibesikpo Asutan, noting that citizens had repeatedly called on government to give attention to the project.

 

Hot this week

German conservatives question European Union’s asylum system

Agency Report - Germany's conservative Christian Democratic Union (CDU) is...

Sweden Eyes State-Owned Firm to Drive Nuclear Expansion

STOCKHOLM (CHATNEWSTV) — Sweden's government is considering establishing a...

OSCE Cancels Election Observation in Tajikistan Over Accreditation Issues

WARSAW, Poland (CHATNEWSTV) — The Organization for Security and...

U.S., El Salvador Sign Nuclear Cooperation Agreement

WASHINGTON (CHATNEWSTV) — The United States and El Salvador...

Latest

German conservatives question European Union’s asylum system

Agency Report - Germany's conservative Christian Democratic Union (CDU) is...

Sweden Eyes State-Owned Firm to Drive Nuclear Expansion

STOCKHOLM (CHATNEWSTV) — Sweden's government is considering establishing a...

OSCE Cancels Election Observation in Tajikistan Over Accreditation Issues

WARSAW, Poland (CHATNEWSTV) — The Organization for Security and...

U.S., El Salvador Sign Nuclear Cooperation Agreement

WASHINGTON (CHATNEWSTV) — The United States and El Salvador...

EU Leaders Urge Stronger Defense Efforts Amid Rising Threats

BRUSSELS (CHATNEWSTV) — European leaders on Monday called for...

Naira Drops 1.4% as CBN Extends FX Sales Deadline

Agency Report - The naira depreciated at the official market...

Court Dethrones Ahmed-Anaje as Ohinoyi of Ebiraland

Agency Report - A State High Court in Lokoja on...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

German conservatives question European Union’s asylum system

Agency Report - Germany's conservative Christian Democratic Union (CDU) is questioning the effectiveness of the European Union's current asylum system amid the country's ongoing migration...

OSCE Cancels Election Observation in Tajikistan Over Accreditation Issues

WARSAW, Poland (CHATNEWSTV) — The Organization for Security and Co-operation in Europe (OSCE) has canceled its planned election observation mission in Tajikistan, citing the...

Conservative leader Merz to ‘lead Germany forward’ after election

Agency Report - Berlin  - Friedrich Merz, the favourite to become Germany's next chancellor, said on Monday that he is ready to lead the country as...

Tinubu’s Re-Election Bid ‘Extremely Difficult’ Due to Unpopular Policies — Shehu Gabam

ABUJA, Nigeria (CHATNEWSTV) — The National Chairman of the Social Democratic Party (SDP), Shehu Gabam, has warned that President Bola Tinubu’s chances of securing...

APC Expels Aregbesola For Anti-Party Activities

All Progressives Congress (APC) has officially expelled former Minister of Interior, Rauf Aregbesola from the party for allegedly taking part in anti-party activities. Aregbesola’s political...

Ned Nwoko Decamps To APC

Senator representing Delta North, Ned Nwoko has resigned from the Peoples Democratic Party, a political group he has served since its foundation in 1999. Nwoko...

Masari Dismisses Opposition Merger, Says APC Remains Nigeria’s Best Option

KAFUR, Nigeria (CHATNEWSTV) — Former Speaker of the House of Representatives Aminu Masari said Sunday that the ruling All Progressives Congress (APC) remains the...

PDP Faces Disaster in 2027 Without Unity, Discipline – Bode George

Agency Report  - Olabode George, Chieftain, People’s Democratic Party, PDP, says 2027 will be disastrous for the former ruling party, unless it unites and wields...

We’re Working to Uphold PDP’s Honor — Bala Mohammad

Agency Report - Governor Bala Mohammad of Bauchi State has said that he and other members of the People’s Democratic Party, PDP, were committed not...