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Sports get N6.7bn allocation for 2015
Sports get N6.7bn allocation for 2015
CuteNaija
-
Friday, March 06, 2015
The Federal Government has allocated N6.7bn to the Sports sector for the 2015 fiscal year.
This information was obtained by the News Agency of Nigeria in Abuja on Friday during the budget defence for 2015 at the Senate Sports Committee.
NAN reports that this followed a downward review of N11bn proposal for the sports sector. It showed that the National Sports Commission got a separate allocation of N4.94bn.
Chairman, Senate Committee on Sports, Senator Adamu Gumba, urged the NSC and its affiliates, to work according to the envelope given to them by the Federal Government.
“For 2015, you have received a new envelop and we want you to go back and rework your budget according to this allocation and submit it to us tomorrow,” Gumba said.
He noted that the downward review of the 2015 budget was due to the fall of crude oil at the international market, which had affected the country.
Minister of Sports, Tammy Danagogo, who gave an account of their 2014 stewardship, told the committee that the budget performance for 2014 stood at 79 per cent.
Director-General of the NSC, Gbenga Elegbeleye, who accompanied Danagogo to the budget defence, said the performance excluded the last quarter of 2014, as there were no allocation for the NSC during the period.
He said about N400m was not released to the NSC by the budget office in 2014 for sporting activities.
Elegbeleye also noted that out of the N1.5bn approved for capital expenditure in 2014, only N659m, representing 57 per cent, was released.
He said, “We are carrying over our debt to the 2015 budget under recurrent expenditure because we owe a lot of companies.
“There was no money to pay for contracts awarded; at times, we ask for tickets from travelling agents in advance and we have to pay later.
“Most times, we owe the service providers, hoping that we pay them when we have enough funds.
“So, that is why we have to carry it over to 2015.”
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