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Senator Dino Melaye Shocks The Entire Senate, Exposes Another Massive Multi-Billion Naira Looting Under President Buhari’s Watch

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The Kogi-West Senator, Dino Melaye, has accused the President Muhammadu Buhari-led Executive, of not remitting over N1.1 billion generated from stamp duty, and the Nigerian National Petroleum Corporation, NNPC, internally generated revenue, since 2016.
This came as the Senate condemned the attitude of some Ministers and Heads of Departments and Agencies, MDAs, over poor preparation and defence of their 2018 budgets.
The Lawmakers specifically frowned at the absence of some of the officials invited, non-preparedness of some, and shoddy presentations by others.
The Senators said that their interaction with the Executive arm over the past two weeks, has shown a poor implementation of the 2017 budget; hence the decision that the 2018 appropriation would not be passed before the end of the year as requested.
While speaking, Dino Melaye said: “There is no relationship between the 2017 and 2018 budget. There is an outstanding of over N1.1 billion stamp duty that has not been remitted into federation account, yet he (Buhari) took Eurobond of $5.5 billion. We will not need that, if these funds were remitted. 

“NNPC is supposed to pay over N300 billion into the federation account, no kobo was paid by NNPC in 2016, none was paid in 2017, and we say we are fighting corruption.”
The Senate President, Bukola Saraki, noted that the experiences of the Committees are disheartening, given the level of energy the Senators expended to ensure smooth passage of the budget.
“Truly it is very disappointing and disheartening to hear the various experiences of the Committees. This is because we know how much pressure that we have put on the various MDAs, to ensure that the budget is passed before the end of the year.
“How can anybody that should be defending their budget pick this period of time to be travelling? They have had all time to travel. Now is the time to attend the budget defence process.
“More importantly, is the assumption that the capital budget of 2017 will be 40 to 50 percent implemented by now, but this has not been the case. This makes it very difficult for us. We cannot turn into magicians.
“All I am going to do is to appeal to all the Senators to work with what they have, so that we have a budget that is in the best interest of all Nigerians”,  Saraki said.

Senator Dino Melaye Shocks The Entire Senate, Exposes Another Massive Multi-Billion Naira Looting Under President Buhari’s Watch Reviewed by Blessing Admin on 04:30 Rating: 5

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