The minister, denying knowledge of the N2bn allocated to Regional Housing Scheme in the 2017 budget proposal of the ministry referred the lawmakers to the Ministry of Finance for information on the controversial item labeled FMOW99934089.
“I know as much of it as you do,” Fashola told members of the committee.
The Chairman of the committee, Senator Barnabas Gemade, requested that the Minister of Finance, Kemi Adeosun, be invited to explain the insertion of the allocation.
According to Daily Post,the following conversation ensued between Fashola and Gemade during the budget defence:
Gemade: Finally, what is this provision of N2bn for regional housing scheme? What is regional housing scheme? Where is it taking place? What is happening? Have you seen it on Page 18?
Fashola: It is not our project. It came in from, I think, the Budget (Office). It is a Ministry of Finance initiative; saying that they want to do what they called 'family homes'. It is not from us.
Gemade: Yes, but they have put it here; otherwise, we will not be in the position to accept it.
Fashola: I know as much of it as you do sir.
Gemade: But you are here to defend this budget in totality.
Fashola: That is why I have come. I am explaining to you now, sir, on how it came into our budget. That is not what we submitted. We didn't submit that proposal.
Gemade: So, will the ministry be kind enough to tell the people who put this in this budget to come forward and let us know?
Gemade: Let us know what is regional housing programme because government cannot be operated in secrecy.
Fashola: I think the committee, if you permit me to bring this suggestion…
Gemade: …should invite them?
Fashola: Yes, sir.
Gemade: But you know the people; we don't know them.
Fashola: No, sir. We just said finance sir.
Gemade: Finance ministry?
Fashola: Yes sir.
Gemade: We will write to the minister.
Fashola: Please do sir.
Gemade: (Pointing to the committee's secretariat) Write to the minister: We have seen this line, which costs N2bn. Let them send information here for us to know what it is all about.
He further noted that he had no knowledge on the N2bn allocation as it was discovered in the proposal after it was worked upon by the Ministry of Finance.