Senate Queries Fashola Over Additional N2bn In Housing Budget | WakaWaka Reporters
fashola ll

Senate Queries Fashola Over Additional N2bn In Housing Budget

The senate on Tuesday queried the minister of Works, Power and Housing, Mr. Babatunde Raji Fashola (SAN), over a strange N2 billion allocation in the 2017 budget for regional housing scheme by the ministry of Finance.

The controversial vote was part of a total N64.991 billioin budgetary allocation for the housing sector for the 2017 fiscal year.

Fashola immediately denied knowledge of the said N2 billion even as the senate committee on land, housing and urban development  summoned the minister of Finance, Mrs Kemi Adeosun, whose ministry is alleged to have inserted the strange money in the housing budget.

The minister told the committee that the ministry of Finance planted it into the 2017 budgetary proposals of the housing segment of his ministry as its own initiative dubbed “Regional Housing Scheme”.
When asked by the committee chairman, Senator Barnabas Gemade (APC, Benue) on how the N2 billion insertion came about, Fashola said; “I know as much of it as you do because it is not our initiative.”

Consequently, senator Gemade ordered the committee clerk to write the minister of Finance to appear before the committee for explanation on the questionable allocation.

Meanwhile, according to Fashola the breakdown of the housing budget include National Housing Progromme – N41.89bn; construction, completion and rehabilitation of federal secretariats at N5.379bn; Zik Mausoleum and Prototype Housing Scheme N1.325bn; while projects and programmes under PPP got N3.367billion.

Others are cadastral URD and Lands N3billion, URD/Special Projects N2.140billion, payment of outstanding local debts N1.2billion and constituency outreach intervention projects, N1.69 billion etc.

However Fashola requested the committee to add N6billion to the total budget estimate of the ministry for the payment of the $11.9million Nigeria is owing Shelter Afrik, a housing developing and financing Organisation, which has 44 African countries as members.