Return N500bn Converted For Palliatives, CSO Tells Tinubu

The criticisms trailing the 2023 supplementary budget presented to the federal legislature continued yesterday, with a civil society organisation, Good Governance Movement (GGM), urging President Bola Tinubu to amend the complementary fiscal document awaiting approval of the National Assembly by inserting the N500 billion taken from the last supplementary budget for disbursement as palliatives.

The president had, on assumption of office, sought and got the approval of the National Assembly to use N500 billion from the 2022 supplementary budget as palliatives payments to cushion the impact of the fuel subsidy removal

Addressing journalists in Abuja yesterday, coordinator of the CSO, Terhila James Lorguruum, said capturing the N500 billion in the 2023 supplementary budget was necessary since even the president pledged to provide that so as to make funds available for payment of contractors handling work on critical infrastructure destroyed by the 2022 floods.

He noted that work on some of the projects, including roads and bridges’, awarded to indigenous contractors, following the 2022 flood disaster, had been halted owing to lack of payment.

He recalled that in 2022, the federal government approved a supplementary budget of N819 billion out of which N705 billion was allocated to the Federal Ministry of Works and Housing to among other things, repair critical infrastructure damaged by the flood disaster.

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“However, sometime this year, President Tinubu sought and got the approval of the National Assembly to use N500billion for palliative and this affected payment to contractors handling the works.

“One expects that the rational thing for the president to do is to earmark money in the present supplementary budget to cater for payment due to these contractors so that the work can go on seamlessly.

“Rather than do that, the government was silent on payment for these contractors only for it to allocate N300billion for award of new contracts to repair bridges and construction, rehabilitation and maintenance of roads across the country,”Lorguruum added.