Breaking News | Reps Discover High, Repeated Projects In Agency's Budgets

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By Levinus Nwabughiogu-Abuja House of Representatives yesterday expressed shock over the high and repeated budget of the Sheda Science and Technology Complex (SHESTCO).
The agency under the Ministry of Science and Technology had grown from N20 million in 2015 to over N2.5 billion in 2021 which the House found inappropriate.
SHESTCO was a guest to the House ad-hoc committee probing capital projects executed and funds repeated every year in the Appropriation Act by Ministries, Departments and Agencies (MDAs) since 2015.
A copy of the agency’s submission to the committee had revealed that it budgeted the following sums: N20m, N342.1m, N501.1m, N670.2m, N730.6m and N2.5b for 2015, 2016, 2017, 2018, 2019, 2020 and 2021 fiscal years.

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