• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

      Global Winner Nafisa Visits Professor Isa Pantami

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      The Minister of Education, Dr. Tunji Alausa

      FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

    • Government
      • Bauchi Muslim Parliament

        Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

        Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

        Global Winner Nafisa Visits Professor Isa Pantami

        Charlie Kirk

        Who Really Killed Charlie Kirk? By Femi Fani-Kayode

        Governor Kabir Abba Yusuf and the conjoined twins

        Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

        Governor Abba Kabir Yusuf, Kano State

        Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

  • Security
    • airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

  • Features
    • Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

      Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      Traffic officials tolling the vehicle at the scene in Abuja

      SPECIAL REPORT: Extortion, Blood and Impunity Behind Abuja’s Agbero Menace

  • State
    • Bauchi Muslim Parliament

      Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

      airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

  • Event
    • Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper
Home Economy Press Statement On 2016 Budget
  • Economy
  • National

Press Statement On 2016 Budget

By
Akpandem James
-
April 13, 2016
In view of the recent controversies surrounding the 2016 budget, it has become necessary to state the following so as to set the facts straight:
The details of the 2016 budget were received by the President onThursday, April 7, 2016.
Immediately this was received the President, desirous of signing the document into law as soon as possible, directed that copies should be made available to Heads of the various Ministries, Departments and Agencies (MDAs) of the Federal Government.
Ministers were asked to go through the details and give their reactions as it affects their respective Ministries so as to guide the President and enable him sign the Appropriation Bill into law.
That process is still on-going and no statement has been issued by the Executive on the matter, apart from the one by the Honourable Minister of Information, Alhaji Lai Mohamnmed, to confirm that details of the budget are being examined. No final decision has been taken by the President and no other statement whatsoever has been issued on the matter.
With reference to the specific issue of the Calabar – Lagos rail project, we will like to state that the two railway projects, Lagos – Kano and the Calabar – Lagos, are very important projects of the present administration; and it was always the intention of the Executive to have both projects reflected in the budget submitted to the National Assembly.  
However, it will be recalled that the Budget Office made a number of errors in the initial proposals of a number of ministries. These errors were all corrected by the Ministry of Budget and National Planning and the corrected versions were submitted to the relevant committees of the National Assembly. This included that of the Ministry of Transportation.  
The amended Ministry of Transportation budget was accepted by the relevant committees and that was the version defended by the Minister of Transportation and his team.
It must be emphasized that the two rail projects are part of those for which the President is currently negotiating funding with the Chinese government.
The N60b provided in the budget for the Lagos – Kano and Calabar – Lagos rail lines, respectively, is counterpart funding, to support the Chinese financing for the projects.
These projects are part of the Strategic Implementation Plan of the government which was disclosed by the Minister of Budget and National Planning at the National Economic Council Retreat in March 2016, in the presence of state governors. They were also mentioned by the Vice President last week in Lagos at The Nation Newspaper’s First National Economic Forum.
It is hoped that with this clarification, the raging controversy over the Calabar – Lagos rail project will be put to rest.
 
Signed:
 
Akpandem James
Media Adviser to the Honourable Minister
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Alhaji Lai Mohamnmed
  • Calabar – Lagos rail project
Previous articleNigeria, Cameroon in Massive Joint Clearance Operations of Terrorists
Next articleVerification Exercise For Directorate Level Officers In The Federal Public Service Suspended
Akpandem James
Akpandem James
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

Global Winner Nafisa Visits Professor Isa Pantami

Officers of NSCDC Mining Marshals

Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri Idakwo Laruba

NIPR President Ike Neliaku

NIPR Inducts 422 New Members, Urges Commitment to National Unity

Ahmed Balarabe Sa'id

Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

The Minister of Education, Dr. Tunji Alausa

FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

Troops Eliminate Terrorist, Rescue Kidnap Victims in Sokoto, Katsina, Kaduna

ECOBANK

ECOWAS debt: Court Remands Ecobank Legal Head over Perjury, defamation of Judge character

The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

DSS Secures 15-Year Jail Term for Ansaru Leader Over Illegal Mining

Military Troops during operations

Army Arrests Cattle Rustlers, Recover Arms, 164 Stolen Livestock in Plateau, Zamfara, Sokoto

Femi Fani-Kayode FFK

Fani-Kayode Denies Interest in NFA Chairmanship

Mrs Diiarau Didi Esther Walson-Jack OON mni, SEC 30, 2008, the new Head of the Civil Service of the Federation

Personnel Audit to End Guesswork in Civil Service Reforms – Walson-Jack

Brig Gen Mohamed Buba Marwa (rtd)

Marwa: The Tormentor of Untouchable Drug Lords By Yushau A. Shuaib

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts
  • Global Winner Nafisa Visits Professor Isa Pantami
  • NAF Airstrikes Destroy Bandit Hideout in Chikun
  • Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi
  • Police Arrest 56 Suspects in Coordinated Raids Across FCT
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Bauchi Muslim Parliament Backs Senator Buba's Peace EffortsGlobal Winner Nafisa Visits Professor Isa PantamiNAF Airstrikes Destroy Bandit Hideout in ChikunNigerian Troops Eliminate Notorious Bandit Deputy Commander in KogiPolice Arrest 56 Suspects in Coordinated Raids Across FCTWho Really Killed Charlie Kirk? By Femi Fani-KayodeMilitary Strengthens Counter-Insurgency Drive as PCRC, NSCDC Seek Support in BornoNAHCON staff commend Chairman Over New Postings, PromotionsMilitary Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, ZamfaraUNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of CommunicationKano Separated Conjoined Twins Return Home After Successful Surgery in S/ArabiaCourt Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other TerroristsKano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children CrisisPolice Chief Tasks Border Patrol Commanders on Enhanced SecurityAir Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness
X whatsapp