A report of analysis of the budget by the firm noted that the duplication of projects is just one among other loopholes for corruption in the spending plan.
“Even worse, agencies now receive allocations for capital projects they cannot execute. For example, the National Agriculture Seed Council has an allocation for N400 million to construct solar streetlights across all six geopolitical zones, while the Federal College of Forestry in Ibadan in Oyo State got N50 million for construction of streetlights in Edo State. These are aberrations that need to be corrected,” the report stated.
“In the 2021 budget, a total of 117 federal agencies received allocations for ‘Security Votes’ worth N24.3 billion, despite many of these agencies already having allocations for ‘Security Charges’ to cover each agency’s security needs.”The group lamented that the non-audit of security funds happened as a precedent for the increasing insecurity in many parts of Nigeria.
“In the 2021 budget, the entire security sector’s allocation was N1.97trillion, representing a 14 per cent increase from the N1.78trillion allocated in 2020. Increased resources allocated to the security sector means that less money is available to develop other sectors, thus, there is a need for more scrutiny of how these allocations are budgeted and spent.”
Finally someone noticed this.
316 duplicated, that is huge.
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Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »