N-power NEXIT: Reps pass Supplementary Budget, no mention of NEXIT, N-power on Budget

Unrelenting rumours have had it that the NEXIT Plan initiated by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development for transitioning of the Batch A and B N-power Beneficiaries, would be implemented following the passage of the 2021 Supplementary Appropriation Bill.

It furthered that the disbursement of the NEXIT Loan would commence this week as soon as the bill is passed.

However, the Supplementary Budget of N895.8bn passed a second reading, Wednesday, but centered on Health and Insecurity. 

The session for the passage of the bill  was presided over by the Speaker, Rep. Femi Gbajabiamila.

The Leader of the House, Rep. Alhassan Ado-Doguwa, while leading debate on the general principles of the bill, said the two main expenditure heads were Health and Insecurity.

Ado-Doguwa explained that under health, the focus of the budget was the procurement of adequate vaccines to vaccinate the majority of Nigerians against the spread of COVID-19.

The leader also said additional funding was proposed in the budget to tackle insecurity, particularly the war against insurgency in the North-East, kidnapping and banditry.

He urged members to support the speedy passage of the bill, considering the urgency of the issues it proposed to address.

A breakdown of the supplementary budget shows that N173.445bn is earmarked for recurrent expenditure, while N722.396bn is for capital expenditure.

Countless inundating rumours have also made mendacious claims which were purported as the official statements of the Honourable Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouk.

The Portal https://nexit-fmhds.cbn.gov.ng for the Registration of the NEXIT plan went offline since May, 2021. Till date, no official statement has been made over the deactivation of the portal.

Related: N-power: Has FG terminated NEXIT Plan

Minister Farouk has however in an event captured in Daily Trust stated that her ministry has concluded with the 500,000 Batch A and B N-power beneficiaries, noting that all outstanding Payments have been cleared while focus is on the enrolment of the Batch C N-power Beneficiaries.

Related: N-power: Batch C enrolment almost ready, no more Backlogs owed to Batch A and B - Farouk says

Post a Comment