Acting President Yemi Osinbajo on Thursday asked the National
Assembly to approve a virement of N135.6billion for 14 Federal
Ministries and the Office of the Secretary of Government of the
Federation (OSGF).
Osinbajo, in a letter to Speaker of the House of
Representatives, Yakubu Dogara, and dated July 18, 2017, said the
virement was aimed at improving the wellbeing of Nigerians.
The letter reads: “You will recall that the 2017 Appropriation
Bill was signed into law on June 12, 201
“However, prior to the signing, discussions and consultations
were held between the Executive and the leadership of the National
Assembly on some critical priority items for which adequate
provisions had not been made in the 2017 Appropriation Act.
“You would also recall that it was agreed that the Executive
should submit a virement proposal to the National Assembly for your
consideration.
“The purpose of this letter, therefore, is to forward the
virement proposal.
“The amount of virement being proposed is N135, 643,081,749.
“In the light of the above, I implore you to urgently consider
this virement proposal in order to support our collective efforts
to improve the wellbeing of our citizens.”
Speaker Dogara referred the letter to the House Committee on
Appropriation for further legislative actions.
Acting President Yemi Osinbajo on Thursday asked the National
Assembly to approve a virement of N135.6billion for 14 Federal
Ministries and the Office of the Secretary of Government of the
Federation (OSGF).
Osinbajo, in a letter to Speaker of the House of
Representatives, Yakubu Dogara, and dated July 18, 2017, said the
virement was aimed at improving the wellbeing of Nigerians.
The letter reads: “You will recall that the 2017 Appropriation
Bill was signed into law on June 12, 201
“However, prior to the signing, discussions and consultations
were held between the Executive and the leadership of the National
Assembly on some critical priority items for which adequate
provisions had not been made in the 2017 Appropriation Act.
“You would also recall that it was agreed that the Executive
should submit a virement proposal to the National Assembly for your
consideration.
“The purpose of this letter, therefore, is to forward the
virement proposal.
“The amount of virement being proposed is N135, 643,081,749.
“In the light of the above, I implore you to urgently consider
this virement proposal in order to support our collective efforts
to improve the wellbeing of our citizens.”
Speaker Dogara referred the letter to the House Committee on
Appropriation for further legislative actions.
Read more https://nairalaw.com/just-in-budget-osinbajo-proposes-n135-6bn-virement/