Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

OmoBarca sends warm July greetings to Ajeromi-Ifelodun constituents

NAPTIP places Speed Darlington on watchlist, alerts Interpol

FCT Minister Wike cuts University of Abuja land From 11,000 to 4000 hectares

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Politics»Akande-Sadipe: I don’t receive ₦1bn for capital project allocation
Politics

Akande-Sadipe: I don’t receive ₦1bn for capital project allocation

DailyblastBy DailyblastMay 19, 20250534 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

Hon. Tolulope Akande-Sadipe, a House of Representatives member has refuted claims that each member of the House of Representatives received payment of One Billion Naira capital project allocation.

 

Related posts:

  1. Lawmaker, Akande-Sadipe gives account of stewardship in Townhall Meeting
  2. N2.1bn arms deal: Appeal Court frees Raymond Dokpesi
  3. NDLEA arrests Thailand returnee with N3.1bn heroine
  4. We saw it coming – Governor Fubara reacts to LG allocation freeze

Capital Project Allocation are the appropriations facilitated by the House members and released by the federal government to ministries and MDA’s for each constituency. This is meant to address socio-economic and infrastructure challenges in their immediate constituencies. It is also meant to support rural development efforts.

 

Akande-Sadipe, who represents Oluyole Federal Constituency in Oyo state made the clarification today in a statement issued by her media Team.

 

The statement reads, “The attention of Hon. Tolulope Akande-Sadipe, Member representing Oluyole Federal Constituency and Chairperson, House Committee on Humanitarian Services, has been drawn to a misleading video currently circulating across various media platforms suggesting that Federal Legislators have been receiving ₦1 billion each since the removal of fuel subsidy.”

 

“This statement is false, misleading, and misrepresents the ongoing efforts of the Federal Government under the Renewed Hope Agenda of President Bola Ahmed Tinubu, GCFR.”

 

She added that no legislator receives funds directly for the implementation of constituency projects. “Rather, all interventions by the Federal Republic of Nigeria, are executed by relevant Ministries, Departments, and Agencies (MDAs) of the Federal Government as stipulated in the national budget.”

 

She however noted that the recent Policy Development in 2025 Budget proposed an increase in the capital project allocation for each federal constituency to ₦1 billion.

 

Akande-Sadipe added that this proposal was only recently introduced and captured in the 2025 Appropriation Bill (Budget).

 

“This development is a strategic response to the rising inflation and increased government revenues following the removal of petroleum subsidies and the floating of the foreign exchange rate”, she stated.

 

She further reiterated that contrary to the false claims circulating, there was no ₦1 Billion Provision in the 2023 or 2024 budgets.

 

“This policy was not part of the 2023 or 2024 budgets. It is a new initiative, reflected the first time, in the 2025 budget proposal and It’s implementation is expected to commence later this year through the first quarter of 2026.”

 

Hon. Akande-Sadipe commended President Tinubu ‘s foresight and administration for ensuring proper execution of projects through appropriate MDAs.

 

“As with previous constituency projects, these interventions will be executed through the appropriate MDAs. Lawmakers only *Recommend and provide oversight to ensure that projects meet the needs of their constituencies and are executed within budgetary timelines and standards”, she added.

 

Akande-Sadipe posited: “The lawmaker welcomes this timely intervention as a positive step toward addressing infrastructural gaps and improving service delivery at the grassroots. She reaffirms her commitment to ensuring that all projects allocated to Oluyole Federal Constituency under the 2025 budget are diligently monitored and executed to the highest standards.”

 

The lawmaker said she remains steadfast in her dedication to the principles of transparency, accountability, and equitable development, in line with her legislative duties and oversight responsibilities.

 

“We urge the general public to disregard misinformation aimed at misleading citizens in a bid to pitch them against their representative for political reasons (IBON OSELU). She implores constituents across the nation to always seek verified updates from reliable official sources.”

 

 

 

 

 

—

 

Olamilekan Olusada,

 

S.A Media & Publicity,

 

Office of Hon. Tolulope Akande-Sadipe, MHR

 

Member, House of Representatives

 

Oluyole Federal Constituency, Oyo State.

 

May 19, 2025.

 

 

Post Views: 512
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticleAnother dead body found hanging on tree in Anambra community
Next Article Alex Onyia demands full probe into 2025 UTME, Says ‘JAMB’s fraud detection algorithm is completely flawed’
Dailyblast

Related Posts

OmoBarca sends warm July greetings to Ajeromi-Ifelodun constituents

July 1, 2025

Trump moves to revoke citizenship of 25 million naturalised immigrants

July 1, 2025

NEC reinstates Anyanwu as PDP national secretary

June 30, 2025
Add A Comment

Comments are closed.

Recent Posts
  • OmoBarca sends warm July greetings to Ajeromi-Ifelodun constituents July 1, 2025
  • NAPTIP places Speed Darlington on watchlist, alerts Interpol July 1, 2025
  • FCT Minister Wike cuts University of Abuja land From 11,000 to 4000 hectares July 1, 2025
  • Sex worker dies during fight with client over N15,000 in Ondo brothel July 1, 2025
  • Ghana deports convicted Nigerian for smuggling fake currency worth over $100,000 July 1, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,455 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,169 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025684 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,455 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,169 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025684 Views
Our Picks

OmoBarca sends warm July greetings to Ajeromi-Ifelodun constituents

NAPTIP places Speed Darlington on watchlist, alerts Interpol

FCT Minister Wike cuts University of Abuja land From 11,000 to 4000 hectares

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.