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Due Process: Ministries to Lose Votes From Ahamefula Ogbu in Abuja Ministries and parastatals who cannot clear their capital allocations with the Due Process office have up to March next year to do so or risk loosing such allocations, the House of Representatives has been told. This information came from the Committee Chairman of the House on Defence, Hon Wale Oke while presenting his budget monitoring report yesterday. Oke said this information was revealed to him by Minister of Finance, Mrs. Ngozi Okonjo-Iweala. However, Speaker fo the House, Alhaji Aminu Bello Masari said that the House would have to demand for a letter of commitment to that effect so that the ministries would not loose the money once the financial year ended. Oke had said that the Defence Industries Corporation of Nigeria (DICON) like most establishments under his supervision received zero capital vote released two months to the end of the year. He told the House that the military pensions arrears now stood at N16 billion while out of the N1.5 billion voted for military interventions abroad, not a dime was released and wondered how the country could successfully intervene in peace operations. He lamented that out of the whole money voted for barracks' rehabilitation, nothing was released and added that most of the money stuck was due to the inability of the ministries and departments to get due process certificates for the money. Also presenting the report of his Committee, Hon Garuba Matazu, the Committee Chairman on Education said that there was shortfall in the personnel cost of most universities, which were yet to be corrected. He said that the capital votes for universities were yet to be accessed and warned that any university which fails to access their capital vote up to 60 percent by December would have their capital vote slashed by 50 percent in the 2005 budget. Since Wednesday when the budget monitoring exercise reports started coming in, there have been consistent complaints of the delays in the release of funds said to have been kept with the CBN so that those who meet the criteria can take and apply them. Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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