{"id":119863,"date":"2021-12-11T21:54:02","date_gmt":"2021-12-11T20:54:02","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=119863"},"modified":"2021-12-11T21:54:02","modified_gmt":"2021-12-11T20:54:02","slug":"how-fg-encourages-corruption-through-budgetary-allocation-wike","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/12\/11\/how-fg-encourages-corruption-through-budgetary-allocation-wike\/","title":{"rendered":"How FG encourages corruption through budgetary allocation \u2013 Wike"},"content":{"rendered":"<p>Rivers State Governor Nyesom Wike has accused the Federal Government of fostering corruption by failing to provide the entire amount necessary for a project within the specified time limit from the yearly budget.<\/p>\n<p>On Saturday, the governor made the accusations during his remarks during the launching of the GRA Junction Flyover project in Port Harcourt.<\/p>\n<p>Mike Ozekhome, a top attorney in Nigeria, commissioned the project.<\/p>\n<p>According to the Governor, the Federal Government&#8217;s conduct increases project value <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/04\/11\/efcc-will-fight-corruption-with-rule-of-law-bawa\/\">fluctuation<\/a> and leads to project abandonment.<\/p>\n<p>\u201cYou know, I don\u2019t like the word variation. It is not in my dictionary. That is where you see corruption. That is why when you see Federal Government budget; how can you award a job of N60 billion, then in the budget of the year, you put N2 billion.<\/p>\n<p>\u201cWhat kind of contract is that? Why will there not be a variation? That job will last in the next ten years and that is the problem we have in our contract execution,\u201d he said.<\/p>\n<p>According to the Governor, in such cases, inflation may affect the value of the contract leading to a likelihood of adjustment of the items and eventually breeds corruption.<\/p>\n<p>He also noted that he discourages that under his administration.<\/p>\n<p>\u201cNow, if you\u2019re putting N2 billion each year, that means in ten years time, it\u2019s N20 billion. So you cannot finish the project in 20 years. And then, looking at the inflation trend, every year, the contractor will put variation. Why?<\/p>\n<p>\u201cBecause the price of things has gone up. So, they\u2019ll put variation and at the end of the day, the job will not be N60 billion. It will go to N80 billion,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rivers State Governor Nyesom Wike has accused the Federal Government of fostering corruption by failing to provide the entire amount necessary for a project within the specified time limit from the yearly budget. On Saturday, the governor made the accusations during his remarks during the launching of the GRA Junction Flyover project in Port Harcourt. [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":4383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[9378,1127,24848,371,1946,3126],"class_list":["post-119863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-budgetary-allocation","tag-corruption","tag-encourages-corruption","tag-fg","tag-how","tag-wike"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How FG encourages corruption through budgetary allocation \u2013 Wike<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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