Saturday, May 28, 2011

FG to spend N100bn on ex-militants

Daily Trust
27 May 2011


The 2011 Appropriation amendment bill passed by the National Assembly provides among several other things about N100 billion for settlement of ex-militants in the Niger Delta.

The ex-militants are to get N17bn as feeding allowances, N35.7bn for re-integration, N17.5bn as arrears for re-integration of transformed militants, N20.4bn for additional allocation to 6,166 ex-militants and N6.5bn as safety allowances to 20,192 transformed ex-militants (2010 arrears).

The budget which has now been read for the third time in both chambers is to be transmitted to the Presidency for assent.

President Goodluck Jonathan had returned the original N4.9tr budget passed by the National Assembly and requested for downward review to N4.407tr.

But the National Assembly jacked up the figure to N4.484tr increasing the provision for several subheads including the legislature.

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