House Committee passes vote of confidence on Nigerian Navy

House Committee passes vote of confidence on Nigerian Navy

The House of Representatives Committee on Nigerian Navy has passed a vote of confidence on the Nigerian Navy for the good performance of its 2020 budget.


Rep. Yusuf Gadi, the Chairman of the House Committee commended the Navy during the budget presentation by the Nigerian Navy on Friday in Abuja,


He called on Rep. Olumide Osoba (APC-Ogun) to move a motion for the adoption of the 2020 budget performance of the Nigerian Navy, which he did.


Gadi said that the committee had decided to complete its oversight function in some of the places it could not visit as a result of the lockdown occasioned by COVID-19 pandemic.


He said that the oversight function would enable the committee to add value to the Navy’s 2021 budget to enable it performed optimally.


The Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas, commended the committee for its untiring efforts to ensure that the Navy functioned optimally.


He also noted that the committee’s efforts to reposition the Nigerian Navy were yielding the desired result.


He said that the Nigerian Navy had been occupied with its national policing role, adding that it had curtailed illegal oil bunkering, pipeline vandalism and insurgency, among others.


Ibas said that the Federal Government recently boosted the morale of the Navy with purchase of requisite weaponry and other equipment needed to combat criminality on the sea.


He said that in 2020, over N16 billion was released to cover eight projects, adding that 75 per cent of the 2020 appropriation was released for capital projects.


The navy chief said that over N11 billion was appropriated for overhead costs in 2020 budget but added that only 74 per cent of the budget was released.


He said that the Nigerian Navy generated over N884 million in 2020 as its internally generated revenue, adding that the Nigerian Navy had contributed to the nation’s economic recovery.


Ibas said that the revenue was generated auction of unserviceable equipment, among others.


He noted that pirates’ attacks on ships had progressively decreased.

He said that the proposed budget for the Nigerian Navy in 2021 was N182. 612 billion.

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