2020 Budget: Senate approves N11.35bn for Police Trust Fund



By Haruna Salami
The Senate on Wednesday approved the sum of N11,352,457,101.70 as the budget for Nigeria Police Trust Fund, NPTF in the 2020 fiscal year.
The approval came following consideration of the harmonized report of the Senate and House of Representatives Committee on Police Affairs.
The implementation of the NPTF 2020 budget would lapse on April 30, 2021.
Chairman of the Senate Committee on Police Affairs, Senator Halliru Jika, in his presentation noted that the Joint Committee observed that “this is the first budget of the NPTF since the establishment Act came into in the year 2019.”
According to him, “only the 0.5 percent of the total revenue accrued to the federation account and 0.5 percent of the total VAT were remitted to the NPTF Account, adding that, “other sources of revenue as prescribed in the NPTF Establishment Act not made any remittance”.
Jika on the NPTF to expedite action on the implementation of the 2020 budget to meet up the deadline of April 30, 2021.
Giving a breakdown of the budget component, the said projected income was put at N34,984,314,243; and N11,354,457,101.70 for capital.
However, he explained that the balance of N23,631,857,141.30 will be carried over to the 2021 budget of the NPTF.
He alsonoted that 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.
The Senate President in his remarks said the approval of the NPTF budget would “help the police to increase their capacities and provide better and improved services across the country.”
“This is one of the benefits of we passed here – the Police Trust Fund – and I’m sure that the National Assembly will continue to our for optimal performance,” Lawan added.