TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

FG releases N1.248trn for capital projects in 2017 ― Adeosun

The Citizen by The Citizen
March 22 2018
in Governance, Headlines
A A
0
FG releases N1.248trn for capital projects in 2017 ― Adeosun

THE Minister of Finance, Kemi Adeosun on Wednesday presented her ministry’s scorecard since 2015 to the Federal Executive Council (FEC), revealing that the ministry released a total of N1.248 trillion in 2017 budget for capital projects.

Briefing State House correspondents at the end of the meeting presided over by President Muhammadu Buhari, she expressed the government’s commitment to infrastructure development.

Explaining her presentation to FEC, she said: “The final update I gave was the level of capital releases till date from 2017 and l gave details of the big four areas and then others.

“So, Power, Works and Housing got N301.89 billion, Defence 151.2 billion, Agriculture N119.9 billion, Transport N127.9 billion and other areas combined is N545.6 billion.

“So, the total capital budget release for 2017 so far is N1.248 trillion.

“We haven’t closed yet. We are confident we will close the year roughly around where we closed last year. We will close around N1.3 trillion mark.

“So, our commitment to infrastructure spending remains very strong. That is what is going to drive the growth of the economy. That is what is going to drive jobs.”

The minister also revealed that the sums of N7.8 billion, $378 million, and £27,800 pounds were recovered through whistle-blower policy of the federal government whose implementation began last year.

According to her, the federal government intends to institutionalise the policy in order to properly handle its increasing magnitude.

She said there were many reports but very few personnel to deal with the issues.

Adeosun added: “I gave an update on whistleblowing policy which was another memorandum approved by FEC ― the number of tips we have had, the number of investigations we have dealt with, the types of monies that have been recovered through the whistle-blower policy.

“I also reported that the whistle-blower team has recently come back from a trip to the UK. The United Kingdom government was giving us pieces of training on whistleblowing, how we should institutionalise it. The team spent some time with revenue office in UK. They spent some time in customs office and they took them through what they have been able to do.

“I will be bringing the memo to the council. One of the things it has achieved is prevention. When they get the tips, they use it to block avenues for leakage. We have had a significant number of tips.

“So, we will be coming back to institutionalise whistleblowing as a structure. It has become a central part of fighting corruption, giving us valuable information. Basically, whistleblowing is here to stay, giving us useful information.”

The minister also disclosed that the federal government has saved N68 billion on personnel cost in 2017, bringing the aggregate savings by the government on personnel cost since 2007 to date to N288 billion.

According to her, the savings were funds that would have otherwise gone unaccounted for which, she added, were now free for the Government to fund capital projects.

She said the savings were achieved despite increased in personnel, including the employment of 10,000 by the Nigerian Police.

She confirmed that a total of 511 Ministries, Departments and Agencies (MDAs) had been captured under the Integrated Payroll and Personnel Information System (IPPIS), with a staff count of 607,843.

Adeosun added: “As at 20th March 2018 the number of MDAs on IPPIS Payroll is 469 with 316,158 Staff Count with a gross salary of N43,979,383,997.78 and 42 Police Commands and Formations paid on IPPIS Platform in February 2018 with Staff Count of 291,685 and gross salary of N22,276,669,257.21.

“Staff of Para-Military Agencies (Nigeria Immigration Service, Nigeria Prison Service and Nigeria Security and Civil Defence Corps) enrolled to date is 100,822 for which a trial payroll of N11,456,278,859.00 have been sent for review and update for April 2018 payroll.”

She added that the introduction of the IPPIS had resulted in the reduction of ghost workers syndrome, enforcement of compliance with due process on employment of staff in MDAs, and prompt and timely payment of salaries and remittances of third parties payments.

She noted further that the IPPIS had become an assured source of internally generated revenue through payee to States and Federal Government.

The Finance Minister called for adequate funding of the IPPIS project to achieve its lofty objectives and to enable replacement of the obsolete infrastructure.

She also canvassed the need for a legislation to impose sanctions on non-compliance MDAs to achieve speedy and successful service delivery.

“There is need to kit IPPIS stakeholders to overcome challenges for effective and efficient service delivery at all times,” Adeosun stated.

Meanwhile, FEC has approved a contract for the procurement and installation of a very high-frequency radio equipment in Kano, Lagos, Abuja, Port Harcourt and 10 other airports worth about N1.1 billion.

According to Minister of State for Aviation, Hadi Sirika, the 10 other airports are Enugu, Calabar, Benin, Jos, Kaduna, Maiduguri, Sokoto, Ilorin.

He explained that the move will significantly improve the radio communication and ensure that the whole country is covered by this radio.

He said: “This radio is needed for communication between pilots and towers and it is an important tool for safety. This is will of course deal with the issue of inadequate radio equipment that we have had in the country earlier than now. It is a very big relief for the country.

“The total sum of the contract N1,147,506,398.98 and the completion period is 20 months.”

Previous Post

Kogi INEC fixes date for Dino Melaye’s recall process

Next Post

2018: Senate, Reps to pass budget April 24

Related Posts

UN Security Council: Nigeria demands two permanent seats, veto powers for Africa
Governance

UN Security Council: Nigeria demands two permanent seats, veto powers for Africa

September 25 2026
2027: Why I can’t step down for Atiku – Peter Obi
Headlines

I left Anambra debt-free, Peter Obi insists

September 25 2026
Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio
Headlines

Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio

September 23 2026
Tinubu orders probe into death of detained miners in Niger State
Headlines

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council
Headlines

2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council

September 17 2026
Nigeria moves health technology assessment from technical idea to national system
Governance

Nigeria moves health technology assessment from technical idea to national system

September 17 2026
Next Post
2018: Senate, Reps to pass budget April 24

2018: Senate, Reps to pass budget April 24

Pres. Buhari sacks Boroh as Amnesty boss, appoints Dokubo

EFCC yet to confirm alleged $9m cash haul in Boroh’s residence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MT Asharami Ghana delivers 5,000MT LPG cargo to Ghana, boosts energy security, regional trade

MT Asharami Ghana delivers 5,000MT LPG cargo to Ghana, boosts energy security, regional trade

October 3 2026
Community leaders, scholars applaud Egbin Power’s scholarship programme

Community leaders, scholars applaud Egbin Power’s scholarship programme

October 2 2026

Nigeria advances research sovereignty as Health Ministry, NHIA, partners convene inaugural Health Financing Forum

September 28 2026
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.