Budget: Return N500bn palliatives fund for contractors, CSO tells Tinubu

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Budget: Return N500bn palliatives fund for contractors, CSO tells Tinubu
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A civil society organization, Good Governance Movement, has urged President Bola Tinubu to amend the 2023 Supplementary Budget awaiting approval of the National Assembly by inserting the N500 billion taken from the last supplementary budget for disbursement as palliatives.

The President had, on assumption of office, sought and got the approval of the National Assembly to use N500 billion from the 2022 Supplementary Budget as payments for palliatives to cushion the impact of the fuel subsidy removal.

He noted that work on some of the roads and bridges awarded to indigenous contractors following the 2022 flood disaster, had been halted owing to lack of payment. “However, sometime this year, President Tinubu sought and got the approval of the national assembly to use N500billion for palliative and this affected payment to contractors handling the works.

“Rather than do that, the government was silent on payment for these contractors only for it to allocate N300billion for the award of new contracts to repair bridges and construction, rehabilitation and maintenance of roads across the country,” Lorguruum added.

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