The Nigeria Financial Intelligence Unit (NFIU) has pleaded with the Senate to approve its N3.5billion proposal for the construction of its office at the Presidential Villa.
The new agency also requested to be included in the yearly budget allocations of the Central Bank of Nigeria.
The Director and Chief Executive Officer of NFIU, Moddibo Hamnan Tukur made the requests during budget defence before the Senate Committee on Anti-Corruption and Financial Crimes on Tuesday, October 22.
According to Tukur, the CBN gets over a trillion naira of the annual budget, translating into 10% of the country’s total expenditure projection.
He demanded that the salaries and condition of service of NFIU operatives be completely captured as sub-head under the yearly expenditure profile of the apex bank as done when they were under the Economic and Financial Crimes Commission.
Tukur also appealed to the committee to push for the approval of the agency’s 2020 capital budget component of N4.2billion.
He noted that the money will be used to finance the construction of the agency’s office in the Villa at the approved cost of N3.5billion.
“The office site is in the Villa and the contractor is Julius Berger. Everything has already been approved at the executive level, requiring an appropriation from the National Assembly,” he explained.
On the call for the inclusion of the budget of the agency under CBN, Tukur said: “When we were with the Economic and Financial Crimes Commission (EFCC), the conditions of salary and service applicable to operatives of the commission were fully extended to us.
“When we were moved to CBN as stipulated by the Act, we expected the same operational and management procedure to follow fully which is not the case presently.
“We firmly believe that this can be done if CBN captures our personnel costs as a subhead under their expenditure profile on yearly basis”.
Speaking on the budget, Sen Adedayo Adeyeye described the capital budget of the agency as “ambitious” advising them to seek grants from international donors.