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

BREAKING: Peter Obi, Kwankwaso join NDC, receive membership cards
Headlines

BREAKING: Peter Obi, Kwankwaso join NDC, receive membership cards

May 3 2026
Auto Draft
Headlines

BREAKING: Peter Obi resigns from ADC

May 3 2026
Tinubu swears in four Permanent Secretaries, INEC commissioner
Business

US-Iran war: FG earns N5tr oil windfall amid rising fuel hardship

May 3 2026
2027:Galadima hints Obi, Kwankwaso exit from ADC Monday
Headlines

2027:Galadima hints Obi, Kwankwaso exit from ADC Monday

May 3 2026
Nigerians to return home as South African xenophobic attacks worsen
Headlines

Nigerians to return home as South African xenophobic attacks worsen

May 2 2026
Community allays fears over anti-Nigerian protest in Ghana
Headlines

Community allays fears over anti-Nigerian protest in Ghana

May 2 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

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

by The Editor
April 30 2026
0

...

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

APPOINTMENTS

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

by The Editor
May 1 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu swears in four Permanent Secretaries, INEC commissioner

by The Editor
April 30 2026
0

...

Tinubu nominates Tegbe as power minister

Tinubu nominates Tegbe as power minister

by The Editor
April 30 2026
0

...

Auto Draft

Pres. Tinubu elevates Odumegwu-Ojukwu as foreign affairs minister

by The Editor
April 30 2026
0

...

ODDITIES

Abducted woman returns home pregnant

Abducted woman returns home pregnant

by The Editor
May 2 2026
0

Anglican Church suspends pastor over fake miracles, prophecies

Anglican Church suspends pastor over fake miracles, prophecies

by The Editor
May 2 2026
0

Kano underwear TikToker gets political appointment

Kano underwear TikToker gets political appointment

by The Editor
April 30 2026
0

GLOBAL NEWS

FG summons South African envoy over xenophobic attacks on Nigerians

FG summons South African envoy over xenophobic attacks on Nigerians

by The Editor
May 3 2026
0

...

Trump orders Strait of Hormuz blockade after peace talks fail

Trump confirms Iran war end to US Congress

by The Editor
May 2 2026
0

...

US to withdraw 5,000 troops from Germany

US to withdraw 5,000 troops from Germany

by The Editor
May 2 2026
0

...

Egypt conducts live-fire military exercise near Israeli border

Egypt conducts live-fire military exercise near Israeli border

by The Editor
May 1 2026
0

...

Alliance of Sahel States confirms joint airstrikes in Mali

Alliance of Sahel States confirms joint airstrikes in Mali

by The Editor
May 1 2026
0

...

State of the States

BREAKING: Bayelsa Governor Diri resigns from PDP

Gov. Diri approves houses for civil servants, payment of promotion arrears

by The Editor
May 2 2026
0

...

Gombe Varsity workers threaten strike over non-payment of entitlements

Gombe Varsity workers threaten strike over non-payment of entitlements

by The Editor
April 30 2026
0

...

Lagos 2027: Jandor withdraws as Hamzat bags Tinubu’s endorsement

Lagos 2027: Jandor withdraws as Hamzat bags Tinubu’s endorsement

by The Editor
April 30 2026
0

...

Kano Assembly confirms new deputy governor

Kano Assembly confirms new deputy governor

by The Editor
April 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Labour Party elects Nenadi Usman as substantive chairman

LP pegs presidential form at ₦50m, offers Otti free nomination

May 3 2026
BREAKING: Peter Obi, Kwankwaso join NDC, receive membership cards

BREAKING: Peter Obi, Kwankwaso join NDC, receive membership cards

May 3 2026
JAMB releases first batch of 632,788 UTME results

JAMB to set 2026 UTME cutoff marks May 11

May 3 2026
ADC crisis: Supreme Court hears David Mark’s appeal Tuesday

ADC fixes primaries, sets presidential form at ₦100m

May 3 2026

EDITORIAL REVIEW

Rising cases of extrajudicial killings – Thisday

Rising cases of extrajudicial killings – Thisday

by The Editor
May 3 2026
0

May Day 2026: Nigerian workers need a lift

May Day 2026: Nigerian workers need a lift

by The Editor
May 1 2026
0

Governors’ apathy toward security – Punch

Governors’ apathy toward security – Punch

by The Editor
April 30 2026
0

Blackouts: Broken promises, powering failure – Punch

Electricity Act: What are states waiting for? – Punch

by The Editor
April 29 2026
0

Bwala, Hasan and the art of the political interview

NBC threat to press freedom – Punch

by The Editor
April 28 2026
0

Opinion

Dear Senator Tinubu, Buhari has thrashed us all!

NBC’s real struggle

by The Editor
April 30 2026
0

...

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 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.