Connect with us

News

2026 Budget Defence: Zero Capital Release Ignites Anger as NASS Joint Committee Grill Regional Devt Minister Over 2025 Budget Failure

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

The National Assembly Joint Committee on Public Procurement on Friday raised alarm over the non-release of capital funds to the Ministry of Regional Development for the 2025 fiscal year, as the Minister, Abubakar Momoh, disclosed that the ministry had not received a single kobo from the promised 30 per cent capital disbursement.

Addressing the lawmakers during the ministry’s 2026 budget presentation and review of 2025 performance, Momoh said assurances had been given that 30 per cent of the capital allocation would be released before March 31, but no funds had been received.

“We have not received a dime from that 30 per cent. We have not even received a warrant,” the minister told the committee, adding that the ministry only saw documentation of a purported release of about 9 million naira which did not reflect the promised 30 per cent capital disbursement.

The joint Committee, chaired by Senator and co-chaired by Hon. , expressed serious concern over the zero capital performance recorded by the ministry in 2025.

Advertisement

Momoh explained that while the total capital provision for 2024 stood at N24.8 billion, only 46 per cent had been released, leaving an outstanding 54 per cent. For 2025, however, he said the ministry had received zero capital allocation.

He warned that failure to release the promised 30 per cent before the end of March could significantly hamper the execution of ongoing projects and expose the government to potential legal disputes from contractors.

Lawmakers also faulted the sharp increase in overhead allocations in the proposed 2026 budget. While personnel costs were projected at N3.13 billion, overhead at N6 billion and capital at N70 billion, members described the nearly 400 per cent rise in overhead, from about N1.7 billion in 2025 to over N6.6 billion in 2026,  as unjustifiable.

One lawmaker queried why overhead would increase by over N5 billion when the capital component recorded zero performance in 2025, describing the situation as troubling.

Advertisement

Members further criticised the ministry for failing to provide a detailed breakdown of overhead expenditures, saying the budget documents submitted were incomplete.

In response, Momoh said the ministry did not determine the overhead figures, noting that they were prepared by the Budget Office. He suggested the increase might be linked to the ministry’s expanded mandate beyond the Niger Delta to cover broader regional development across the country.

The committee observed that the non-release of the 30 per cent capital component was not peculiar to the Ministry of Regional Development. Lawmakers disclosed that during a previous engagement with the Accountant-General of the Federation, it was revealed that many Ministries, Departments and Agencies had yet to receive the promised release, despite the extension of the 2025 budget implementation to March 31.

They warned that rolling over 70 per cent of the 2025 capital allocation into 2026 without implementing the initial 30 per cent would effectively “amputate” that portion of the budget, with serious consequences for project execution nationwide.

Advertisement

The panel resolved to invite the Minister of Finance and Coordinating Minister of the Economy to clarify the status of releases and explain the persistent funding gaps affecting MDAs.

Lawmakers also raised concerns over the continued reflection of the defunct “Ministry of Niger Delta” in official budget documents, despite its transition to the Ministry of Regional Development. The minister confirmed that representations had been made to the Budget Office to correct the nomenclature, but no changes had been effected.

After deliberations, the committee adopted the ministry’s 2026 budget proposal as a “watching document,” noting that the minister could be recalled if necessary, particularly if there are changes in the status of fund releases. The session was subsequently adjourned, with members stressing the need for urgent engagement with the Ministry of Finance to prevent a repeat of funding shortfalls recorded in previous fiscal years.

Advertisement
Continue Reading
Advertisement

News

Disclaimer: NDLEA alerts public on fraudulent auction offers impersonating officials

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

The National Drug Law Enforcement Agency (NDLEA) has drawn attention to a fraudulent scheme orchestrated by criminal elements and scammers targeting unsuspecting members of the public.

The fraudsters have been found using the names of top NDLEA officials, most notably the Secretary to the Agency, Barrister Shadrach Haruna, to issue fake private letters and messages offering cheap forfeited vehicles for sale on auction.

The public is hereby notified that these offers are a complete scam. The Agency wishes to categorically state that these fraudulent offers are a malicious gimmick designed solely to defraud targeted individuals of their hard-earned money.

No official of the Agency has the mandate to privately offer, allocate, or sell forfeited vehicles or any other seized assets to individuals. Vehicles and other assets forfeited as proceeds of drug crimes are strictly auctioned through public processes managed by appointed, government-registered auctioneers. Any legitimate auction exercise is widely publicized in national dailies and through the Agency’s official channels, in line with established legal and public procurement guidelines.

Advertisement

Members of the public are strongly urged to discountenance, ignore, and report any such private letters, text messages, or social media offers claiming to originate from Barrister Shadrach Haruna or any other NDLEA official.

The NDLEA remains committed to maintaining transparency and integrity in all its operations. Do not fall victim to these criminal elements. If you are approached with such fraudulent offers, please report immediately to the nearest NDLEA command or via our official communication channels.

Continue Reading

News

2027 reggae dance: New ADC presidential candidate emerges

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Kayode Sanni-Arewa

A faction of the African Democratic Congress (ADC) led by Nafiu Gombe has picked Professor Chris Uba as its presidential candidate for the 2027 general election.

The party disowned former Vice President Atiku Abubakar as its flag bearer.

The group said the party had already completed its presidential nomination process in line with its constitution and the Electoral Act, adding that Uba emerged as the recognized candidate after all required procedures were concluded.

Advertisement

The faction also disowned the National Working Committee headed by former Senate President David Mark, saying it has no constitutional or legal authority to act on behalf of the party.

It maintained that the recognized leadership of the ADC remains in charge of the party’s affairs.

According to the statement released on Wednesday, the clarification became necessary to stop attempts to create confusion about the party’s position ahead of the 2027 general elections.

The group said the ADC had not entered into any alliance, merger or coalition with any political party.

Advertisement

added that the party remains independent and intends to contest the elections with its own structure, manifesto and leadership.

The faction said it believes Uba has the experience, character and capacity to lead the country if elected in 2027.

It also warned Atiku against presenting himself as the ADC’s presidential candidate, saying such a claim is false and could mislead party members and the public.

The group added that the ADC would not allow its platform to be used by politicians pursuing personal ambitions or by coalition groups seeking to take over the party’s structure.

Advertisement

It said every constitutional and legal step would be taken to protect the party from what it described as unauthorised use of its name and platform.

The faction also dismissed reports suggesting that there were plans to stop the ADC from participating in the 2027 elections, expressing confidence in the Independent National Electoral Commission and the country’s electoral process.

It said the party is preparing to present candidates for the presidency, governorships, National Assembly, state assemblies and local government elections across the country.

Advertisement
Continue Reading

News

ANGER: Three Brothers Face Murder Charge for Beating man to death for dating Their Mom

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Three brothers have appeared before the Mbabane Magistrates Court in Swaziland on a murder charge following the brutal de@th of their mother’s boyfriend.

The accused, Mlondi Mbuli, 25, Sakhelwe Mbuli, 18, and Lindani Mdziniso, 23, all from the Hholoshini area in Eswatini’s Hhohho Region, are alleged to have fatally assaulted Njabulo Ngwenya on June 28, 2026.

According to police, the brothers att@cked Ngwenya with bricks, stones, sticks, open hands, and kicks to different parts of his body. Investigators allege the assa¥lt was motivated by the brothers’ belief that Ngwenya was having a relationship with their biological mother.

Court records state that the incident was reported after Sibongile Motsa, also from Hholoshini, informed police that she discovered her son, Njabulo Ngwenya, lying deed inside her sister’s house at about 1 a.m. on June 28, 2026.

Advertisement

The matter came before Principal Magistrate Sfiso Vilakati during the trio’s initial court appearance.

The three defendants have been remanded in custody until July 10, 2026, pending committal of the case to the High Court for further proceedings.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News