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2021 BUDGET : Brigade Of Guards To Consume More than 1.5 Billion Naira

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p><strong>Abbas Yushau Yusuf<&sol;strong><&sol;p><div class&equals;"3Pv7GAS1" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The Minister of Defence&comma; Maj Gen Bashir Salihi Magashi &lpar;rtd&rpar; has defended the Ministry of Defence 2021 budget proposal before the House of Representatives Committee on Defence Chaired by Babajimi Bande at the Green chamber of the National Assembly&period;<&sol;p><div class&equals;"kmJmyBcs" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>General Magashi presented Three hundred and forty billion&comma; three hundred and fifteen million&comma; three hundred and fifty nine thousand&comma; two hundred and fifty five naira ninety five kobo&period;&lpar;N340&comma;315&comma;359&comma;255&period;95&rpar; for the Ministry of Defence 2021 fiscal year&period;<&sol;p>&NewLine;<p>The Minister who was accompanied by the Permanent Secretary Ministry of Defence&comma; Hussaini Babangida said the budget is premised on the 2020-2023 Economic Recovery and Growth Plan &lpar;ERGP&rpar; of the government as well as predicated on strengthening the Services and other Military institutions&period;<&sol;p>&NewLine;<p>This is to enable them perform their statutory responsibility without lacking the necessary requirements&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<div class&equals;"3SgAyHNU" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>He gave a breakdown of the budget proposal of two billion&comma; seventy six million&comma; four hundred and nine thousand&comma; eight hundred and forty four naira &lpar;N2&comma;076&comma;409&comma;844&period;00&rpar; as main Overhead cost of the Ministry for the year out of which the sum of One billion five hundred and twenty million &lpar;N1&comma;520&comma;000&comma;000&period;00&rpar; is for the Brigade of Guards&period; In addition&comma; the sum of five hundred and fifty six million&comma; four hundred and nine thousand eight hundred and four naira &lpar;N556&comma;409&comma;844&period;00&rpar; is budgeted for its regular Overhead expenditure to arrive at the grand total of three hundred and forty billion&comma; three hundred and fifteen million&comma; three hundred and fifty nine thousand two hundred and fifty five naira&comma; ninety five&period; kobo&lpar; N340&comma;315&comma;359&comma;255&period;95&rpar;&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>According to the Minister&comma; the Projects to be executed by the Ministry in the 2021 budget include the on-going and Special projects approved by the Commander-in-Chief of the Armed Forces&comma; President Muhammadu Buhari which cover<br &sol;>&NewLine;acquisition of Defence Equipment to be executed on government to government on win-win basis estimated at &dollar;692&comma;968&comma;573&period;00 out of which 30&percnt; was released by the Federal Ministry of Finance&comma; Budget and National Planning&period;<&sol;p>&NewLine;<p>The Defence Minister&comma; disclosed that the Ministry has the Presidential<br &sol;>&NewLine;directive to execute a stalled contract put at USD269&comma;734&comma;420&period;50 for the delivery of seven hundred &lpar;700&rpar; Troops Carrying Vehicles and fifty &lpar;50&rpar; buses awarded since 2014 by the Office of the National Security Adviser&period;<&sol;p>&NewLine;<p>Meanwhile&comma; the Minister had earlier summarised the 2020 budget performance as at 26th October pointing out that 88&percnt; of the Overhead was utilised while the total Expenditure for Capital utilised stands at 16&percnt;&period; He however blamed the low Capital utilisation on four causative factors&period; They include&comma; the challenge of the general effects of Covid-19 pandemic&comma; paucity of funds&comma; late releases of Capital funds and bureaucratic bottleneck associated with procurement process&period;<&sol;p>&NewLine;<p>He assured the House Committee on Defence&comma; that the Ministry is poised to actualising its statutory responsibility of providing adequate security to entrenche peace in a united Nigeria&period;<&sol;p>&NewLine;<p>In a statement by Muhammad Abdulkadiri said the Chairman House Committee on Defence Babajimi Bande reiterated the commitment of members to doing the needful with the budget proposal without any delay&period;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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