Breaking: Osinbajo writes Senate for additional virement of N135bn in 2017 Budget

Acting President, Professor Yemi Osinbajo has written to the Senate, demanding additional virement of N135bn in the already passed 2017 Budget to fund capital projects across many MDAs, especially in the Babatunde Fashola’s ministry of Power, Works and Housing.

Recall that the Senate passed the 2017 budget two months ago.

Note that, also in a letter of request, President Buhari told the Senate that, “The request has risen due to a number of reasons, including shortfalls in provisions for personnel costs, inadequate provision abolition for some items like the amnesty programme, continuing requirements to sustain the war against insurgency, and depreciation of the naira.”