The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Top News

N37bn NASS Renovation Budget A Rip Off – PDP

Next Edition by Next Edition
December 18, 2019
in Top News
PDP To APC: Come Clean On N40bn FIRS Fund
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Peoples Democratic Party (PDP) has described the N37 billion meant for the renovation of the National Assembly complex as an “unpardonable rip-off.”

The party in a statement by its National Publicity Secretary, Kola Ologbondiyan on Tuesday described the budget as evidence of the brazen corruption that pervades the President Muhammadu Buhari-led APC
Administration.

You might also like

No Content Available

According to the opposition party, it was indefensible for the Buhari Presidency to propose such a huge sum of N37b for renovation work on the National Assembly complex which was built at the cost of N7b.

The party said that the over 500 percent padding of the original construction cost cannot be supported even with the prevailing costs and exchange rate regime.

“Our party insists that the over 500 per cent padding of the original construction cost is completely insupportable even with the prevailing costs and exchange rate regime, a development that has already spurred public outcry and apprehensions of plots to divert the fund for political interests of certain APC leaders.

READ ALSO: NASS Queries N503m Additional Spending By INEC

“The over bloated renovation figure is therefore not only sacrilegious but also further confirms that the APC-led administration is overtly corrupt and only out to steal, drain and divert our national resources for selfish purposes of certain individuals in the present administration,” the party said.

It insisted that such corruption was unacceptable in a nation confronted by alarming economic downturn, extreme poverty, hunger, decayed infrastructure and security challenges.

The statement read further: “The N37 billion is embedded in the budget of the Federal Capital Development Authority (FCDA) as approved by President Buhari, which leaves the burden of explanation on Mr. President’s doorsteps.

“We, therefore, charge President Buhari to demonstrate the integrity of his approval by immediately publishing a detailed breakdown of the renovation project in line with his recent directives to Ministries, Departments and Agencies (MDAs).

“President Buhari is challenged to immediately publish the details of the individual renovation lines, amount and reason for each payment as well as the contractors, beneficiaries and payment patterns for Nigerians to
See, if indeed the money has not been detailed for diversion.

“The party charge the National Assembly to stand on the side of the people by using its statutory legislative instruments to thoroughly scrutinize the FCDA budget and eliminate all embedded padding designed to fleece our nation.”

Tags: featuredKola OlogbondiyanNational AssemblyPeoples Democratic PartyPresident Mohammadu Buhari
Next Edition

Next Edition

Recommended For You

New Police

DSS, Police Arrest 20 For Allegedly Hacking UTME Results

Twenty suspects have been arrested for hacking the 2025 Computer-based test examinations conducted by the Joint Admissions and Matriculation Board (JAMB). The suspects were nabbed by operatives of...

Aircraft Crash-Lands In Ilorin, Two Hospitalised

Aircraft Crash-Lands In Ilorin, Two Hospitalised

Two individuals sustained serious injuries when a training aircraft crash-landed at Ilorin International Airport on Thursday. In a statement released on Friday, the Director of Public Affairs and...

Lagos Seals Three-Storey Building For Illegal Wastewater Discharge

Lagos Seals Three-Storey Building For Illegal Wastewater Discharge

Lagos State Wastewater Management Office, LSWMO, has sealed a three-storey residential building in Ilasan, Lekki Peninsula II, under Eti-Osa Local Government Area, for unlawfully discharging untreated wastewater and...

UNILAG Denies Claims Of Additional Fees

UNILAG Dismisses Claims of Delay in NELFund Loan Refunds to Students

The University of Lagos (UNILAG) has refuted reports circulating online that claim there are delays in reimbursing students who paid fees prior to receiving their National Education Loan...

Next Post
Eating chili peppers may prevent fatal heart attacks, stroke

Eating chili peppers may prevent fatal heart attacks, stroke




Related News

Kogi: PDP will reclaim power in 2019- Guber aspirant

Kogi: PDP will reclaim power in 2019- Guber aspirant

Boko Haram Attacks Yobe Community, Destroys Phone Masts

Boko Haram Attacks Yobe Community, Destroys Phone Masts

BBNaija Show Introduces Two “Rider Housemates,” Evicts Chrisy O, Cyph

BBNaija Show Introduces Two “Rider Housemates,” Evicts Chrisy O, Cyph




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited