The Senate on Tuesday, June 23, 2016 has passed into
law two legislation; the Bills that passed third reading on the floor of
the Red Chamber include:
1) The
2016 Niger Delta Development Commission (NDDC) Budget proposal of N241,
114, 000, 000: 00 (Two hundred and forty one billion, one hundred and
fourteen million naira, only).
The passage of the NDDC Money
Bill was as a result of the presentation of Senate Committee on Niger
Delta Report presented by the Committee Chairman, Sen. Peter Onwaoboshi
(Delta North) after which the Chamber resolved into the Committee of
Supply for the consideration of the Bill.
According to the
breakdown of the NDDC 2016 financial proposal, the sum of N17, 560, 518,
930 : 00 (Seventeen billion, five hundred and sixty million, five
hundred and eighteen thousand, nine hundred and thirty naira, only) is
for Personnel Expenditure, N9, 980, 000, 000 : 00 (Nine billion, nine
hundred and eighty million naira, only) is for Overhead Expenditure, N1,
300, 000, 000 : 00 (One billion, three hundred million naira, only) is
for Internal Capital Expenditure and N212, 273, 481, 070 : 00 (Two
hundred and twelve billion, two hundred and seventy three million, four
hundred and eighty one thousand and seventy naira, only) is for NDDC
Development Projects.
Senate President, Bukola
Saraki called on the Executive arm of government to make judicious
utilization of the budgeted funds for the overall development of the
people and the Niger Delta region.
2) Federal University of Petroleum Resources, Effurun, Delta State (Establishment, etc.) Bill, 2016 (S.B. 226).
The
legislation was passed into law following the presentation of the
Report of the Senate Committee on Tertiary Institutions and TETFUND led
by Sen. Binta Masi Garba (Adamawa North). The Upper Legislative Chamber
resolved into the Committee of the Whole where it considered and
approved clauses 1 to 28 as recommended or amended, Schedule one
paragraphs 1 to 3, Schedule two paragraphs 1 to 3, Short and Long
titles.
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