Across Nigeria Construction Main News News

National Assembly puts Lagos-Ibadan road reconstruction on hold, dumps N135bn request

The National Assembly has yet to approve the request by the Presidency to move N135.6bn to other pressing sub-heads in the 2017 budget five months after the request was submitted to it by the executive.

Both chambers of the National Assembly, on Tuesday, told The PUNCH that the virement, which seeks improved funding of key projects, including the Lagos-Ibadan Expressway and the Second Niger Bridge, had been overtaken by events.

Vice-President Yemi Osinbajo, as the Acting President while President Muhammadu Buhari  was in London on medical vacation, had, on July 20, 2017, written to both chambers of the National Assembly seeking approval for the re-allocation of some funds in the 2017 budget.

Subscribe to News Update

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


%d bloggers like this: