House warns against alteration in the 2017 budget
The House of Representatives yesterday passed the 2017 appropriation Bill with stern warning against any alteration by the executive without recourse to the National Assembly.
The warning came through the Speaker N7,441,175,486,758 2017 Budget, Speaker of the House of Representatives Yakubu Dogara after the passage of the N7.4trilion budget that was laid before the house on Wednesday by the appropriation Committee.
The House had earlier dissolved into the Committee of whole by mid day during which the speaker started announcing item by item on the various sub-heads to reach a consensus.
There was a temporary uproar when he got to the budget for the office of the Secretary to the Government of the Federation (SGF) as shouts of no! no! no! rented the air but it eventually the sum of N51, 933,366,906 budgeted for the office sailed through after the speaker reminded them that the items had been verified.
After the Appropriation Bill had been scrutinized item by item, the Speaker read out the 10 clauses raised in the report, they were all endorsed and passed by the members.
Earlier, Chairman House Committee on Appropriation, Honourable Mustapha Dawaki had summerised as follows:”That the House do consider the Report of the Committee on Appropriations on a Bill authorises the issue from the Consolidated Revenue Fund of the Federation the total sum of ₦7,441,175,486,758 (Seven Trillion, Four Hundred and Forty-One Billion, One Hundred and Seventy-Five Million, Four Hundred and Eighty-Six Thousand, Seven Hundred and Fifty-Eight Naira) only, of which, ₦434,412,950,249 (Four Hundred and Thirty-Four Billion, Four Hundred and Twelve Million, Nine Hundred and Fifty Thousand, Two Hundred and Forty-Nine Naira) only, is for Statutory Transfers, ₦1,841,345,727,206 (One Trillion, Eight Hundred and Forty-One Billion, Three Hundred and Forty-Five Million, Seven Hundred and Twenty-Seven Thousand, Two Hundred and Six Naira) only, is for Debt Service, ₦177,460,296,707 (One Hundred and Seventy-Seven Billion, Four Hundred and Sixty Million, Two Hundred and Ninety-Six Thousand, Seven Hundred and Seven Naira) only is for Sinking Fund for maturing bonds, ₦2,987,550,033,436 (Two Trillion, Nine Hundred and Eighty-Seven Billion, Five Hundred and Fifty Million, Thirty-Three Thousand, Four Hundred and Thirty-Six Naira) only, is for Recurrent (Non-Debt) Expenditure while the sum of ₦2,177,866,775,867 (Two Trillion, One Hundred and Seventy-Seven Billion, Eight-Hundred and Sixty-Six Million, Seven Hundred and Seventy-Five Thousand, Eight Hundred and Sixty-Seven Naira) only, is for contribution to the Development Fund for Capital Expenditure (Exclusive of Capital Expenditure in Statutory Transfers) for the year ending on the 31st December, 2017.