The National Assembly yesterday approved a total sum of N11, 352,457,101.70 for the Nigeria Police Trust Fund (NPTF) as Capital expenditure for the 2020 fiscal year.
The National Assembly has also approved a total projected income of N34,984,314,243, with an operating surplus of N23,631,857,141.30 to be carried over to the 2021 budget of the NPTF.
The approval was a sequel to the presentation and consideration of the harmonized report of the Senate and House of Representatives Committee on Police Affairs presented by the Chairman, Senate Committee on Police Affairs, Senator Haliru Jika, APC, and Bauchi Central.
With this development, the implementation of the NPTF 2020 budget would lapse on the 30th of April, 2021.
In his presentation, Senator Jika said that the Joint Committee observed that “this is the first budget of the NPTF since the establishment Act came into being in the year 2019.
“Only the 0.5 per cent of the total revenue accrued to the federation account and 0.5 per cent of the total VAT were remitted to the NPTF Account, adding that, “other sources of revenue as prescribed in the NPTF Establishment Act have not made any remittance.”
He, therefore, called on the NPTF to expedite action on the implementation of the 2020 budget in other to meet up with the deadline of 30th April 2021.
According to him, the purchase of utility vehicles in the budget was replaced with the procurement of the Covid-19 protection kits for Police personnel amounting to N358,379,191.00; and the sum of N533,894,117.70 earmarked for the procurement of drugs and medical equipment.