2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola - Politics - Nairaland
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| 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by ManirBK: 7:30am On Jan 27, 2018 |
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday, said Works sector would require N341 billion for projects in 2018. He said this while defending the ministry’s 2018 budget before members of the House of Representatives Committee on Works, in Abuja. Fashola said out of N325.9 billion earmarked as capital budget, the main ministry would gulp N288.3 billion while parastatals will need N37.6 billion. According to Fashola, the budget for Federal Emergency Road Maintenance Agency (FERMA) is N25.6 billion, Office of Secretary to Government of the Federation, N10.1 billion and Federal School of Surveying, Oyo, N450 million. “Others are Council For the Regulation of Engineering in Nigeria (COREN), N548.5million, Regional Centre for Training in Aerospace Surveys (RECTAS), N301 milliin and Surveyors Registration Council of Nigeria (SURCON), N489.6 million,” Fashola said. For overhead, he told the committee that the ministry earmarked N480.1 million and N15.2 million for its parastatals. Fashola, however, said that the ministry would give priorities to projects of critical economic value to the country. “These are highly trafficked routes used for the distribution of goods and services across the country and major river-crossing bridges,” he added. Fashola blamed the untimely completion of projects on insufficient funding. “The major factor militating against the timely completion of projects is insufficient budgetary provision and releases for projects to sustain annual cash-flow requirement levels. “This underscores the need for diversifying the sources of funding for highway projects,” he said. 3 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by ManirBK: 7:31am On Jan 27, 2018 |
Good development Only a blind man won't see the improvement Mynd44 lalasticlala oamj4 abeg do the needful https://leadership.ng/2018/01/26/2018-budget-works-ministry-spend-n341bn-projects-fashola/?_e_pi_=7%2CPAGE_ID10%2C6266070687 5 Likes 2 Shares
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| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Blakjewelry(m): 7:48am On Jan 27, 2018 |
Hope it will be felt physically and not on papers 2 Likes 1 Share |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by eTECTIVe(m): 7:49am On Jan 27, 2018 |
Some part of me wants to believe d FTC is being sarcastic but d other part wants to believe he's a zombie 3 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Mandynews(f): 12:08pm On Jan 27, 2018 |
Fashola is mad 4 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Saintsbrown(m): 12:08pm On Jan 27, 2018 |
Buhari and his ministers antics lately clearly proves his gasping for air. How are the "mighty" falling? 18 Likes 1 Share
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| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Fesomu(m): 12:08pm On Jan 27, 2018 |
Your Job is till 2023 my guy... 3 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Paperwhite(m): 12:10pm On Jan 27, 2018 |
Another scandal loading.Fashola earlier said zero project was excuted in 2017 even though budgetary provision was made. Now what happened to that money for last year  And guess this one for 2018 is not another free budget.What a government filled with professional crooks.  8 Likes 1 Share |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by gurunlocker: 12:11pm On Jan 27, 2018 |
One of the road they've been allocating huge fund into (Lagos Ibadan express way) is still in bad shape and they've just started working on it few weeks ago.... I just hope they can at least finish that. 1 Like 1 Share |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by iHart(m): 12:16pm On Jan 27, 2018 |
post created at 7:30am, by 12:16 pm comments are still on first page. where have the Nairalanders gone to? are they on strike? 1 Like |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by baralatie(m): 12:21pm On Jan 27, 2018 |
Paperwhite:it means the money never materialised and shows that the budget failed in some what.Which further shows that the govt is underfunding its own budget |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by baralatie(m): 12:22pm On Jan 27, 2018 |
gurunlocker:I don't think road infrastructure is the strength of this govt |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by chido20(m): 12:22pm On Jan 27, 2018 |
looting mode activated.. 3 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by AZeD1(m): 12:27pm On Jan 27, 2018 |
Paperwhite:1) Fashola said no NEW(key word is new) capital project started in 2017. 2) Budget and funding are two different things. I can budget to buy a Ferrari, having the money is a different matter entirely. https://mobile.twitter.com/DrJoeAbah/status/954392567256317953 3 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by strangest(m): 12:28pm On Jan 27, 2018 |
Fashola getting ready for another loot after the website loot.... 2 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by naijaboy756: 12:35pm On Jan 27, 2018 |
2015-2016-2017 should equal at least 1trillion. which work has been done 1 Like |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Harwoyeez(m): 12:37pm On Jan 27, 2018 |
I pray they get d needed funds for all the said project |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by olusayeroyagi(m): 12:47pm On Jan 27, 2018 |
fashola still remain d only active minister |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Timinho23: 12:47pm On Jan 27, 2018 |
Nothing gives me greater joy than seeing Fashola making a total nuisance of himself in the ministries he is heading. it should serve as a lesson to us all, don't run your mouth excessively if you don't know the true story of things. This man over-criticised Jonathan's administration as if he had the best brain 10 Likes 3 Shares |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by chesterlee(m): 1:10pm On Jan 27, 2018 |
Fashola is a big thief!!! Thank you Buhari, for letting the whole world know what a fraud 'Fash ole' is. 2 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by debaj10: 1:19pm On Jan 27, 2018 |
Timinho23:pity the guy small. ignorance is truly bliss. it's hard to think of a single minister there now who understood the VASTNESS of their portfolio. this country is simply too large for this type of quack federalism. that's why all have failed, both military and civilian. even true federalism and full restructuring will only give a bit of respite before their flaws become glaring. anyway, Nigerians still need some more brain resetting. therefore: buhari till 2027! we will mount his corpse there, if need be. until our mumu go don do, wela. 2 Likes |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by babatty(m): 2:02pm On Jan 27, 2018 |
In all fairness , fashola is the only active minister in Nigeria. If most nairalander are given chance to act as a minister in this country their performance will be woeful. At least appreciate what Fashola is doing especially in the works sector. |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by redsun(m): 2:18pm On Jan 27, 2018 |
Road maintenance my asss. All the main connecting roads in nigeria are like bush tracks, taken over by bushes, scrubs and deadly the pothole. There are more sidewalks for emergency stopping or for pedestrians. |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Nobody: 2:20pm On Jan 27, 2018 |
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| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Nobody: 2:22pm On Jan 27, 2018 |
iHart: Everybody have tire for Nigeria and her problems...Nigerians are quietly planning a revolution.. 1 Like |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by akigbemaru: 2:40pm On Jan 27, 2018 |
ManirBK: 1 Like |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by akigbemaru: 2:41pm On Jan 27, 2018 |
Saintsbrown: |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by akigbemaru: 2:43pm On Jan 27, 2018 |
redsun: |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by Wearemoving: 2:49pm On Jan 27, 2018 |
Mandynews: Big time MAD |
| Re: 2018 Budget: Works Ministry To Spend N341bn On Projects – Fashola by pol23: 3:10pm On Jan 27, 2018 |
Okay. 1.How many Billions have you spent in the past? 2.which states and local government are the beneficiaries of the past project? |
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