Sokoto State House of Assembly has approved a virement request made by the State Governor, Aminu Tambuwal, worth N538 million.
This is according to the News Agency of Nigeria sources.
The approval is sequel to a motion moved by the Leader of the House, Alhaji Bello Ambarura during its plenary session. According to Alhaji Ambarura, the application for the virement warrant was submitted through the Political Affairs Department and was necessary to cater to some projects in the 2020 Appropriation Bill.
What you should know: According to Dr. Hamid K.T (2009); a virement warrant is issued when as a result of the foreseen circumstances during the time the annual estimates were being approved, an additional provision is required under a particular subhead and an equivalent amount can be saved under another sub-head of the same head.
What they are saying: Commenting on the recent development, Alhaji Ambarura said: “This is for the consideration and subsequent approval by the House. The request is necessitated by the present administration’s desire to address a number of development projects. However, the request is on projects that were not adequately provided for in the 2020 Appropriation Law.”
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The request was granted after unanimous approval by the lawmakers through a voice-vote, anchored by the Deputy Speaker, Alhaji Abubakar Magaji.