House of Reps. Scrap Budget Allocation for Presidential Yacht

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The House of Representatives has on Thursday scrapped the budgetary allocation of the presidential yacht moving the proposed sum to student loans thereby increasing allocation for student loans to 10bn as against 5. 5bn.

The Chairman of the House Appropriations Committee Abubakar Bichi Abubakar made this known to newsmen on Thursday.

Abubakar said the need became necessary following low budgetary allocation for students.

The Committee also increased the budgetary allocation of the ministry of Defence from 476bn to 546bn following security concerns

He also disclosed that the minimum wage for workers was considered and approved for onward transmission to the executive while promising proper legislative oversight to ensure 100 per cent implementation.


Written by: Helen Obih

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