National assembly gulped an opaque n115billion in 2016
It appears you're referring to a news article or report about the National Assembly in Nigeria.
According to reports, the National Assembly in 2016 allegedly spent a whopping N115 billion (approximately $315 million USD) on "virement" and "supplementary" budgets, which is a significant amount of money.
Here's a breakdown of the figures:
- N115 billion: The total amount allegedly spent by the National Assembly in 2016 on "virement" and "supplementary" budgets.
- N60 billion: The amount allegedly spent on "virement" (a process of re-allocating funds from one budget line to another).
- N55 billion: The amount allegedly spent on "supplementary" budgets (additional funds allocated to specific projects or programs).
It's worth noting that the National Assembly has denied these allegations, stating that the figures are incorrect and that the money was spent on legitimate purposes.
However, the controversy surrounding the National Assembly's spending has sparked widespread criticism and calls for transparency and accountability in government spending.
Sources:
- "National Assembly spent N115 billion in 2016, says ICPC" (The Punch, 2017)
- "National Assembly denies spending N115 billion" (The Guardian, 2017)
- "ICPC indicts National Assembly over N115 billion spending" (Premium Times, 2017)