Nigeria’s president-elect, Muhammadu
Buhari will be inheriting a debt
of N8.185,575,211.50 for the Aso Rock
Presidential Villa alone. On the 28th of
May, President Goodluck Jonathan will
conduct Buhari round the villa and in a
report submitted to the Federal
Government Transition Committee by
Vice President Namadi Sambo,
about N3,647,793, 305.76 is needed to
fix the infrastructure at the Villa. They
say the infrastructure is ageing.
The committee is expected to submit its
report today to the Ahmed Joda-led APC
Transition Committee.
The report has it thus:
“The President had on December 3 last
year approved the release of
N3,394,168,460.95 for the payment of
recurrent/overhead debts and capital
debts due to other contractors,
consultants and service providers. This is
yet to be released by the Federal Ministry
of Finance…President Jonathan on April
15 directed the Coordinating Minister for
the Economy/Minister of Finance, Dr
Ngozi Okonjo-Iweala, to look into the
State House appeal for the release of at
least N4billion to make part-payments
out of the total outstanding debts of
N8,185,575,2111.50 “to sustain the
existing mutual and cordial relationships
with the owed firms. This is still being
awaited”.
“The bills for these transition programme
works are yet to be received and will be
additional to the 2015 annual Service
Level Agreement for the State House
Facilities with an annual average
commitment of N3,531,793,631.77
certified for 2014,” the report added.
“The primary challenge facing the State
House has been the inadequacy of
successive budgetary appropriations. The
State House annual appropriations do not
match its actual activities, thereby
leading to regular recourse to additional
funding from Intervention Fund from the
Federal Ministry of Finance.
“About 283 of the temporary staff not
found eligible for regularisation were
with the approval of His Excellency, the
President given contract. appointments
renewable annually based on performance
and fitness.
“ However, payment of their salaries(an
average of N8million per month) is from
State House overheads provision, which
remains a huge challenge to State House.
“The existing infrastructure for
mechanical, electrical and associated
components have aged and are
performing well beyond their design lives.
“The proposal for their replacement/
upgrade has been reviewed and certified
by the Bureau of Public Procurement in
the total sum of N3,647,793, 305.76.
However due to paucity of funds, phased
implementation is being adopted for the
most vital and critical works, starting
with Phase I in the sum of N693,
119,509.55
“Inadequate office space to accommodate
staff of the State House and inadequate
operational vehicles for the efficient
discharge of the activities of the various
departments and units of the State House,
including shuttle buses within the State
House Complex and between the State
House and the State House Medical
Centre.”
Buhari will be inheriting a debt
of N8.185,575,211.50 for the Aso Rock
Presidential Villa alone. On the 28th of
May, President Goodluck Jonathan will
conduct Buhari round the villa and in a
report submitted to the Federal
Government Transition Committee by
Vice President Namadi Sambo,
about N3,647,793, 305.76 is needed to
fix the infrastructure at the Villa. They
say the infrastructure is ageing.
The committee is expected to submit its
report today to the Ahmed Joda-led APC
Transition Committee.
The report has it thus:
“The President had on December 3 last
year approved the release of
N3,394,168,460.95 for the payment of
recurrent/overhead debts and capital
debts due to other contractors,
consultants and service providers. This is
yet to be released by the Federal Ministry
of Finance…President Jonathan on April
15 directed the Coordinating Minister for
the Economy/Minister of Finance, Dr
Ngozi Okonjo-Iweala, to look into the
State House appeal for the release of at
least N4billion to make part-payments
out of the total outstanding debts of
N8,185,575,2111.50 “to sustain the
existing mutual and cordial relationships
with the owed firms. This is still being
awaited”.
“The bills for these transition programme
works are yet to be received and will be
additional to the 2015 annual Service
Level Agreement for the State House
Facilities with an annual average
commitment of N3,531,793,631.77
certified for 2014,” the report added.
“The primary challenge facing the State
House has been the inadequacy of
successive budgetary appropriations. The
State House annual appropriations do not
match its actual activities, thereby
leading to regular recourse to additional
funding from Intervention Fund from the
Federal Ministry of Finance.
“About 283 of the temporary staff not
found eligible for regularisation were
with the approval of His Excellency, the
President given contract. appointments
renewable annually based on performance
and fitness.
“ However, payment of their salaries(an
average of N8million per month) is from
State House overheads provision, which
remains a huge challenge to State House.
“The existing infrastructure for
mechanical, electrical and associated
components have aged and are
performing well beyond their design lives.
“The proposal for their replacement/
upgrade has been reviewed and certified
by the Bureau of Public Procurement in
the total sum of N3,647,793, 305.76.
However due to paucity of funds, phased
implementation is being adopted for the
most vital and critical works, starting
with Phase I in the sum of N693,
119,509.55
“Inadequate office space to accommodate
staff of the State House and inadequate
operational vehicles for the efficient
discharge of the activities of the various
departments and units of the State House,
including shuttle buses within the State
House Complex and between the State
House and the State House Medical
Centre.”
No comments:
Post a Comment