FEC STEPS DOWN SOME MEMORANDA PRESENTED BY THE FEDERAL MINISTRY OF WORKS FOR RE-EXAMINATION 10-07-24
By Sadiq Aminu The Federal Executive Council, FEC, today stepped down some memoranda presented by the Federal Ministry of Works for the purpose of re-examining them for further deliberation at next sitting.
Briefing State House correspondents on the decision to that effect, the Minister of Information and National Orientation, Alhaji Muhammad Idris, said the memoranda in question were seeking variation and augmentation of inherited projects.
He said the Minister of Works had been directed to liaise with those of Budget and National Planning and Finance to review those projects and bring them in line with budgetary provisions, including sources of funds for them.
In the same vein, the Minister of Budget and National Planning, Alhaji Atiku Bagudu, said adequate budgetary provision had been been made for new projects initiated by the present administration.
He also said in line with the desire to enhance more fiscal discipline and further demonstrate to Nigerians the government’s commitment to serve them better, the President sought reconciliation between Appropriation Act, the Public Procurement Act, and the Fiscal Responsibility Act.
On that basis, he said the President had directed Ministries, Departments, and Agencies to review the gabs between their intended procurement appropriated sums and sums required to execute the projects, and bring them to the attention of his Ministry and that of Finance.
Alhaji Bagudu said such memoranda would have clarified where funding was expected to come from, and recommendations to so appropriately determine FEC’s decision.
He said the President had directed that the report of the Public Procurement Committee be provided to him for necessary action.