{"id":48429,"date":"2016-04-11T16:50:52","date_gmt":"2016-04-11T15:50:52","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=48429"},"modified":"2016-04-11T18:32:32","modified_gmt":"2016-04-11T17:32:32","slug":"amaechi-caused-insertion-n54billion-2016-budget","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/amaechi-caused-insertion-n54billion-2016-budget\/","title":{"rendered":"How Amaechi Caused The Insertion of N54billion Into The 2016 Budget"},"content":{"rendered":"<p>Chairman, Senate Committee on Land Transport and Senator representing<\/p>\n<p>Lagos East Senatorial District, Gbenga Ashafa, has explained how the sum<br \/>\nof N54billion was smuggled into the 2016 Budget.<\/p>\n<p>Ashafa in a press statement said while the Lagos-Calabar Rail<br \/>\nmodernization project was not included in the original budget from the<br \/>\nExecutive, Transport Minister, Mr. Rotimi Amaechi, had sent a<br \/>\nsupplementary copy of the Transport Ministry&#8217;s budget during the budget<br \/>\ndefense at the Senate.<\/p>\n<p>He said the Minister explained to the Senators that the Executive had<br \/>\nomitted the Lagos-Calabar Rail Project leaving only the Lagos-Kano in the<br \/>\n2016 Budget.<\/p>\n<p>Senator Ashafa statement reads:<\/p>\n<p>PRESS RELEASE FROM SENATOR GBENGA ASHAFA ON THE CONTROVERSIES SURROUNDING<br \/>\nTHE MINISTRY OF TRANSPORTS\u2019S BUDGET<\/p>\n<p>I have carefully followed the news items making the rounds in relation to<br \/>\nthe budget presented to the National Assembly and what was defended by the<br \/>\nMinistry of Transport before the Senate Committee on Land Transport which<br \/>\nI have the privilege of chairing.<br \/>\nThe focal points of controversy seem to be the Lagos to Calabar railway<br \/>\nmodernisation projects and the completion of the Idu \u2013 Kaduna rail line.<br \/>\nI confirm that the Lagos to Calabar rail line was not in the original<br \/>\ndocument that was presented to the National Assembly by the Executive.<br \/>\nHowever subsequently at the budget defense session before the Senate<br \/>\nCommittee on Land Transport, the Hon. Minister for Transport, Rotimi<br \/>\nAmaechi, did inform the committee of the omission of the Lagos to Calabar<br \/>\nrail modernisation project and indeed sent a supplementary copy of the<br \/>\nministry&#8217;s budget to the committee which contained the said project.<br \/>\nThe minister noted that the amount needed for the counterpart funding for<br \/>\nboth the Lagos to Kano and Lagos to Calabar rail modernisation projects<br \/>\nwas in the sum of 120 Billion Naira, being 60 Billion Naira per project.<br \/>\nWhile the committee did not completely agree with all the changes made in<br \/>\nthe subsequent document, being fully aware of the critical importance of<br \/>\nthe rail sector to the development of our dear country, distinguished<br \/>\nmembers of the Senate Committee on Land transport keyed into the laudable<br \/>\n(Lagos to Calabar, rail modernisation) project and found ways of<br \/>\nappropriating funds for the project without exceeding the envelope<br \/>\nprovided for the ministry.<br \/>\nIn so doing, the committee observed that the Lagos to Kano rail<br \/>\nrehabilitation project had been allocated the sum of N52 Billion Naira as<br \/>\nagainst the sum of 60 billion which the Hon. Minister requested as<br \/>\ncounterpart funding while no allocation whatsoever was made for the Lagos<br \/>\nto Calabar rail line.<br \/>\nHence, the sum of 54 billion Naira that was discovered by the Senate<br \/>\nCommittee on Land Transport to be floating in the budget of the Ministry<br \/>\nof Transportation as presented by the Executive was injected into<br \/>\naugmenting the funds needed for counterpart funding of both projects<br \/>\n(Lagos to Kano and Lagos to Calabar Rail modernisation), as at the time<br \/>\nthe committee defended its report before the senate committee on<br \/>\nAppropriation. The Lagos to Calabar rail modernisation project was<br \/>\ntherefore included in the Senate Committee on Land Transports<br \/>\nrecommendation to the Senate Committee on Appropriations.<br \/>\nWith regard to the Idu to Kaduna rail completion, the Senate Committee on<br \/>\nLand Transport did not interfere with what was provided for in the budget<br \/>\nas sent by the executive, being approximately 18 Billion Naira hence I am<br \/>\nequally surprised to read on the pages of the newspapers that the amount<br \/>\nallocated to the said project was reduced by 8 Billion Naira.<br \/>\nWhile I would have preferred to wait till Tuesday 12th April, 2016 when<br \/>\nthe National Assembly reconvenes in order to have the benefit of viewing<br \/>\nthe details of the budget that was conveyed to the executive as passed, I<br \/>\nam compelled to place the facts in proper perspective as it relates to the<br \/>\nactivities of the Senate Committee on Land Transport.<br \/>\nWithout prejudice to the considerations and powers of the Senate Committee<br \/>\non Appropriations with regard to the appropriations process, the foregoing<br \/>\nis the true reflection of what transpired at the committee level with<br \/>\nrespect to the Land Transport sector of the Ministry of Transport.<br \/>\nSenator Gbenga Ashafa (Lagos East)<\/p>\n<p>Chairman Senate Committee on Land Transport<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Chairman, Senate Committee on Land Transport and Senator representing Lagos East Senatorial District, Gbenga Ashafa, has explained how the sum of N54billion was smuggled into the 2016 Budget. Ashafa in&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":48430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-48429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Amaechi Caused The Insertion of N54billion Into The 2016 Budget - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/amaechi-caused-insertion-n54billion-2016-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Amaechi Caused The Insertion of N54billion Into The 2016 Budget - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Chairman, Senate Committee on Land Transport and Senator representing Lagos East Senatorial District, Gbenga Ashafa, has explained how the sum of N54billion was smuggled into the 2016 Budget. 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