Chairman, Senate Committee on Anti-corruption and Financial Crimes, Senator Godfrey Chukwuka Utazi
Chairman of the Senate Committee on Anti-corruption and Financial Crimes, Senator Godfrey Chukwuka Utazi, has expressed the readiness of the Committee to support the Economic and Financial Crimes Commission, EFCC, in the discharge of its statutory duties.
Speaking at the 2016 budget defence session held on Tuesday, February 9, 2016 at the National Assembly in Abuja, Utazi said: “We are here to assess your budget performance for last year with a view to ensuring that the EFCC is strengthened.”
Utazi, who called for probity and accountability in public offices, added that the essence of the Committee’s oversight functions so far had been to know the challenges facing the EFCC.
While stating the breakdown of the Commission’s budget performance for 2015 and projections for 2016, acting Chairman of the EFCC, Ibrahim Magu, who thanked the Senate Committee for its continued support, expressed the hope for a cordial relationship between the EFCC and the National Assembly.
He explained that the total approved appropriation for 2015 was over N10.4bn.
According to him, “The Commission received 100% personnel funds in 2015, 50% of capital appropriation and 87% of overhead appropriation.
Acting EFCC chairman, Ibrahim Magu
“The proposed budget for 2016 is as follows: Capital Expenditure – N11, 422, 991, 540 (Eleven Billion, Four Hundred and Twenty Two Million, Nine Hundred and Ninety-Nine Thousand, Five Hundred and Forty Naira); Overhead- N2, 999,245, 671 (Two Billion, Nine Hundred and Ninety- Nine Million, Two Hundred and Forty- Five Thousand, Six Hundred and Seventy- One Naira and Personnel as proposed by the Ministry of Budget and Planning – N6,664,040,791 (Six Billion, Six Hundred and Sixty -Four Million, Forty Thousand, Seven Hundred and Ninety One Naira).”
Magu stated that the Commission could not give a figure for its own personnel budget because the 2016 …Read More
Source:: PM Newspaper