Skip to main content

Statement by Ministry of Budget and National Planning on the controversial Lagos-Calabar rail project

Read the statement as released by Akpandem James, Media Adviser to the Minister of Budget and National Planning, Udoma Udo Udoma below.

In view of the recent controversies surrounding the 2016 budget, it has become necessary to state the following so as to set the facts straight:

The details of the 2016 budget were received by the President on Thursday, April 7, 2016.

Immediately this was received the President, desirous of signing the document into law as soon as possible, directed that copies should be made available to Heads of the various Ministries, Departments and Agencies (MDAs) of the Federal Government.

Ministers were asked to go through the details and give their reactions as it affects their respective Ministries so as to guide the President and enable him sign the Appropriation Bill into law.

That process is still on-going and no statement has been issued by the Executive on the matter, apart from the one by the Honourable Minister of Information, Alhaji Lai Mohamnmed, to confirm that details of the budget are being examined. No final decision has been taken by the President and no other statement whatsoever has been issued on the matter.

With reference to the specific issue of the Calabar – Lagos rail project, we will like to state that the two railway projects, Lagos – Kano and the Calabar – Lagos, are very important projects of the present administration; and it was always the intention of the Executive to have both projects reflected in the budget submitted to the National Assembly.

However, it will be recalled that the Budget Office made a number of errors in the initial proposals of a number of ministries. These errors were all corrected by the Ministry of Budget and National Planning and the corrected versions were submitted to the relevant committees of the National Assembly. This included that of the Ministry of Transportation.

The amended Ministry of Transportation budget was accepted by the relevant committees and that was the version defended by the Minister of Transportation and his team.
It must be emphasized that the two rail projects are part of those for which the President is currently negotiating funding with the Chinese government.

The N60b provided in the budget for the Lagos – Kano and Calabar – Lagos rail lines, respectively, is counterpart funding, to support the Chinese financing for the projects.
These projects are part of the Strategic Implementation Plan of the government which was disclosed by the Minister of Budget and National Planning at the National Economic Council Retreat in March 2016, in the presence of state governors. They were also mentioned by the Vice President last week in Lagos at The Nation Newspaper’s First National Economic Forum.

It is hoped that with this clarification, the raging controversy over the Calabar – Lagos rail project will be put to rest.

Signed:
Akpandem James
Media Adviser to the Honourable Minister Budget and National Planning

Comments

Popular posts from this blog

Ever got bad service/ product for your money? well look no further

Do you know your right as a consumer of products and services? Consumer Rights As a consumer, you have the following rights and you must insist on them. The right to Satisfaction of Basic Needs Access to basic goods and services necessary for survival, such as food, water, energy, clothung, shelter, health-care, education and sanitation. Goods and services must meet the standard of quality promised such that there is value for money in the purchase. The Right to Safety Protection from hazardous products, production processes and services. The Right to Information Provision of information enabling informed consumer choice as well as protection from misleading or inaccurate advertising and labeling. The Right to Choose Access to variety of quality products and services at competitive prices. The Right to Redress Compensation for misrepresentation, shoddy goods and unsatisfactory public and private services, including the right to adequate legal represe...

How to Check Airtel, MTN, Glo & Etisalat Data Bundle

 Gee's blog is sharing this information for the sake of all internet surfers who usually browse the internet with terms like; " how to check mtn data bundle balance ", " check mtn data bundle usage ", " how to check airtel 3g data balance ", " how to check 3g balance in airtel ", " how to check airtel 3g internet balance ", " airtel 3g usage check ", " airtel 3g balance enquiry ", " check data balance airtel ", " check data balance etisalat ", " check data balance airtel nigeria ", " check data balance on mtn ", " check data balance on glo ", " how to check glo data bundle balance ", " how to check glo data plan balance ", " how do i check my glo data bundle balance "... ...to make it easy for those  friends of ours (you), we are taking the time out to readdress this topic. So I must say this is a great topic to cover. We...

Protest by members of the Nigeria Labour Congress at the Ikeja Electricity premises

The Nigeria Labour Congress (NLC) are right now show solidarity over the non payment of salaries owed it. With some o them scaling the gate.