Why Buhari seeks extension of implementation FCT budget 2015

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– President Muhammadu Buhari on Tuesday, February 23 has sought the extension of implementation of the Federal Capital Territory Administration (FCTA) budget to enable the FCT pay for pending critical projects

– The committee on Banking and other Finacial Institutions submitted its report on the abuse of the Treasury Single Account (TSA)

– The ethics committee chaired by Sen. Sam Anyanwu included the petition against the Sen. Kabir Marafa for allegedly misleading the public against the Senate
Buhari

President Muhammadu Buhari on Tuesday, February 23 has sought the extension of implementation of the Federal Capital Territory Administration (FCTA) budget to enable the FCT pay for pending critical projects. This was contained in a letter sent to the Senate whereby President Buhari said that numerous projects which are critical to the FCT were still pending. The letter also read that the FCT administration only had seven months in 2015 to implement its budget which was signed in May 2015. “In order to meet its obligation and as permissible by the constitution, the FCT appropriation need to be extended to March 31, 2016. “That would enable the FCTA make payments for various critical and essential ongoing projects,” he noted.

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Meanwhile, the committee on Banking and other Finacial Institutions submitted its report on the abuse of the Treasury Single Account (TSA), to be debated by the senate at a later date.
Also, the Committee on Ethics also submitted its report on the petition against Total Exploration Nigeria Limited by some staff who were allegedly disengage unlawful.
Other petitions submitted by the ethics committee chaired by Sen. Sam Anyanwu included the petition against the Sen. Kabir Marafa for allegedly misleading the public against the Senate.However, the committee also submitted its report on a petition against the former Chairman of the EFCC for alleged mismanagement of recovered looted funds.

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