The House of Representatives yesterday issued the Industrial Training Fund (ITF) a 48-hour ultimatum to give an explanation on missing funds of up to N3 billion. The Chairman of the Committee on Finance, James Faleke, gave the ruling during the continued hearing on the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) when the agency was unable to explain how the funds were utilised. Similarly, the committee directed the Nigerian Electricity Regulatory Commission, (NERC), to explain within 72 hours why a company was licensed to provide meters. The company is…
Read MoreH’Reps query Industrial Training Fund over missing N3bn
