According to her, poor releases accounted for the inability of her office to utilise the fund.
When the chairman of the Senate Committee on Appropriation, Senator Danjuma Goje (APC, Gombe Central) asked her whether she has objection on the virement of funds from her office, she said no.
She, however, explained to the lawmakers that out of the N65billion her office would have in its coffers, N60billion would be spent on 200,000 unemployed Nigerians recently engaged across the 774 local governments on the basis of N30, 000 per head.
On her part, the Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, said the N500billion budgeted for the social intervention programme cannot be utilized before the end of this fiscal year.
She said the virement would be channeled to the Amnesty Programme, operations of the Armed forces, Operation Lafiya Dole, National Youth Service Corps (NYSC), Foreign Missions, the Nigerian Air Force (NAF), Presidential Initiative for the North East (PINE), among others.
Federal Governent spends N1bn from The N500bn intervention fund Reviewed by Link Naija on 02:44:00 Rating: