{"id":87982,"date":"2021-11-03T09:55:41","date_gmt":"2021-11-03T08:55:41","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=87982"},"modified":"2021-11-03T09:55:41","modified_gmt":"2021-11-03T08:55:41","slug":"2022-budget-reps-threaten-to-withhold-nsia-allocation","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/","title":{"rendered":"2022 Budget: Reps Threaten To Withhold NSIA Allocation"},"content":{"rendered":"
\n
The House of Representatives has threatened to withhold the 2022 budgetary allocation of Nigeria Sovereign Investment Authority (NSIA).<\/div>\n
\n
\nChairman House Committee on Finance, James Faleke, gave the threat during the commencement of the budget defense of the Office of Accountant General of the Federation and Fiscal Responsibility Commission.<\/p>\n

This is just as the lawmakers queried the accountant general of the federation (AGF), Idris Ahmed, over discrepancies in the dollar exchange rate in allowances paid to its personnel attached to foreign missions.<\/p>\n

Faleke questioned why they should be paid at the rate of $425 instead of the official rate of $410.<\/p>\n

Explanations by the accountant general that they were transfer costs by the Central Bank of Nigeria (CBN) did not convince the Committee and it summoned the apex bank to explain.<\/p>\n

Idris said the Ministry had taken up the additional responsibility of paying its foreign attachments which explained the jump from N3 billion budget for personnel cost in 2021 to N9 billion in 2022.<\/p>\n

He said the responsibility before now was that of the Ministry of Foreign Affairs.<\/p>\n

Faleke said the committee had spoken to the managing director of NSIA and the ministry of Finance about the illegality of the agency not submitting their budget to the National Assembly for approval but they are relying on its law which states that its board has the power to approve its budget.<\/p>\n

According to him, we have spoken to the MD. We have advised him that it is purely against the constitution. We have spoken to the minister of Finance that it is purely against the constitution and the minister of Finance is never in support of that that the agency must present their budget. Unfortunately, the agency is relying on its law which says that its board shall approve its budget.<\/p>\n

In this regard, Faleke ruled that there will be no disbursement of funds from any of our Federation accounts to the agency.<\/p>\n

<\/div>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives has threatened to withhold the 2022 budgetary allocation of Nigeria Sovereign Investment Authority (NSIA). Chairman House Committee on Finance, James Faleke, gave the threat during the…<\/p>\n","protected":false},"author":1,"featured_media":84081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-87982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n2022 Budget: Reps Threaten To Withhold NSIA Allocation - 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\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2022 Budget: Reps Threaten To Withhold NSIA Allocation - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives has threatened to withhold the 2022 budgetary allocation of Nigeria Sovereign Investment Authority (NSIA). Chairman House Committee on Finance, James Faleke, gave the threat during the…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-03T08:55:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"744\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"2022 Budget: Reps Threaten To Withhold NSIA Allocation\",\"datePublished\":\"2021-11-03T08:55:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\"},\"wordCount\":323,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\",\"name\":\"2022 Budget: Reps Threaten To Withhold NSIA Allocation - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg\",\"datePublished\":\"2021-11-03T08:55:41+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg\",\"width\":1080,\"height\":744},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2022 Budget: Reps Threaten To Withhold NSIA Allocation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2022 Budget: Reps Threaten To Withhold NSIA Allocation - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/","og_locale":"en_US","og_type":"article","og_title":"2022 Budget: Reps Threaten To Withhold NSIA Allocation - Pointblank News","og_description":"The House of Representatives has threatened to withhold the 2022 budgetary allocation of Nigeria Sovereign Investment Authority (NSIA). Chairman House Committee on Finance, James Faleke, gave the threat during the…","og_url":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/","og_site_name":"Pointblank News","article_published_time":"2021-11-03T08:55:41+00:00","og_image":[{"width":1080,"height":744,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"2022 Budget: Reps Threaten To Withhold NSIA Allocation","datePublished":"2021-11-03T08:55:41+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/"},"wordCount":323,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/","url":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/","name":"2022 Budget: Reps Threaten To Withhold NSIA Allocation - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg","datePublished":"2021-11-03T08:55:41+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/07\/House-of-Representatives.jpg","width":1080,"height":744},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2022-budget-reps-threaten-to-withhold-nsia-allocation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"2022 Budget: Reps Threaten To Withhold NSIA Allocation"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/87982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=87982"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/87982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/84081"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=87982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=87982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=87982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}