SAN FRANCISCO, February 14, (THEWILL) – Minister of Power, Works and Housing, Babatunde Fashola, has claimed ignorance of a N2 billion inserted in the proposed 2017 budget of the housing sector.
Fashola, who was defending the details of the N64.99 billion proposed capital vote for the Housing Sector in the 2017 budget before the Senate Committee on Housing, declared that he knew nothing about N2 billion listed against “Regional Housing Scheme” saying he knew nothing about how the vote crept into the Housing Sector budget.
Fashola told the Senate committee on Housing that the Ministry of Finance may have inserted the money in the 2017 budgetary profile of the Ministry of Housing as its own initiative after a member of the committee spotted the curious insertion and sought Fashola’s explanation about how it got into the budget proposal.
Fashola said; “I know as much of it as you do because it is not our initiative”.
Apparently not satisfied, Gemade ordered the committee clerk to write the Minister of Finance, Kemi Adeosun to appear before the committee to explain how the N2 billion was inserted into the budget.
Fashola however requested approval for additional $12 million (about N6 billion) to enable the country settle outstanding commitment to the Housing Development and Financing Organisation known as Shelter Afrik which operates under the sponsorship of the African Union (AU) and has about 44 African countries as members.
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