National Assembly cuts major South-East projects by 70% in 2018 budget. President Buhari has signed the 2018 budget but the disturbing issues arising from the budget is the insertion and reduction of some major projects which should be given priority attention. For instance, National Assembly cuts major South-East projects by 70% in 2018 budget.
Buhari also cried out that the signed budget was increased from N125bn to N139.5bn, without any discussion with the Executive.
From out check the National Assembly cuts major South-East projects by 70% in 2018 budget. The projects from this part of the country was cut down and they injected about 6,403 projects for their personal gain.
For example the budget of the provision for construction of the Terminal Building at Enugu Airport was cut from N2bn to N500m. Also the amounts allocated to some strategic major roads have been cut by the National Assembly
The National Assembly inserted 70 new road projects into the budget of the Federal Ministry of Power, Works and Housing which they believed will be in their favour.
The budget allocated for the completion of second Niger Bridge in South-East has also been tampered with by the National Assembly. You now know who really your enemy is.
The major projects which the Mambilla Power Plant, Second Niger Bridge/ancillary roads, the East-West Road, Bonny-Bodo Road, Lagos-Ibadan Expressway and Itakpe-Ajaokuta Rail Project which he said were cut by an aggregate of N11.5bn.
The major breakdown and analysis of the 2018 budget as signed by the president is detailed in Punch.