Fashola disowns N2bn planted in Housing Ministry Budget

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Minister of Works, Power and Housing, Mr. Babatunde Fashola, yesterday, shocked the Senate with the denial of N2 billion allegedly voted for regional housing scheme by the Ministry of Finance.

Speaking, yesterday, in Abuja when he appeared before the Committee on Land, Housing and Urban Development, led by Senator Barnabas Gemade, APC Benue North East, to defend the 2017 budget, Fashola said the Ministry of Finance planted it in the 2017 budgetary profile of the Ministry of Housing as its own initiative, tagged “Regional Housing Scheme.”

He was merely responding to the question raised by chairman of the committee, who requested to know how the ministry came about the regional housing scheme. Fashola said: “I know as much of it as you do because it is not our initiative.”


Following the denial, Gemade ordered the committee clerk to write the Minister of Finance, Kemi Adeosun, to appear before it for explanation on what she knew about the N2 billion allocation which Fashola disowned. Fashola requested the committee to add N6 billion to the total budget estimate of the ministry as an appropriated vote for payment of the $11.9 million Nigeria was owing Shelter Afrik, a Housing Development and Financing Organisation which has membership in 44 African countries.


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