Amid the prevailing high cost-of-living crisis in the country, the National Assembly and four other Ministries, Departments, and Agencies of the Federal Government have received a combined sum of N109bn as statutory allocations in the first few days of August 2024, an investigation by Saturday PUNCH has shown.
Recall that the National Assembly raised its 2024 budgetary allocation from N197.93bn to N344.85bn, the highest-ever budgetary allocation in the history of the legislative assembly.
In the 2024 Appropriation Bill, the federal assembly raised statutory transfers (i.e., funding to the National Judicial Council, Niger Delta Development Commission, Universal Basic Education Commission, National Assembly, Public Complaints Commission, Independent National Electoral Commission, National Human Rights Commission, North-East Development Commission, Basic Healthcare Provision Fund, and National Agency for Science and Engineering Infrastructure) from N1.38tn to N1.74tn.
This is according to data from a document titled ‘House of Representatives Federal Republic of Nigeria Order Paper’, dated Saturday, December 30th, 2023.
According to the document, some changes in statutory allocations are National Judicial Council N341.63bn (formerly N165bn), Niger Delta Development Commission N338.93bn (formerly N324.85bn), Universal Basic Education Commission N263.04bn (formerly N251.47bn), National Assembly N344.85bn (formerly N197.93bn), and the Public Complaints Commission N14.46bn (formerly N13.69bn).
Others are the Independent National Electoral Commission N40bn (formerly N40bn), National Human Rights Commission N5bn (formerly N5bn), North-East Development Commission N131.84bn (formerly N126.94bn), Basic Healthcare Provision Fund N131.52bn (formerly N125.74bn), and National Agency for Science and Engineering Infrastructure N131.52bn (formerly N125.74bn).
Peoplesmind
