The House of Representatives Public Accounts Committee (PAC) has called upon the management of the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DisCcs) to account for loans totalling $321 million and N18.2 billion, which were allocated for accelerating transmission, distribution interface, lines, and substation projects. This summons was issued on Thursday, during the appearance of the Managing Director of the Transmission Company of Nigeria (TCN), Sule Abdul-Aziz, before the committee. The Committee’s Chairman, Bamidele Salam, stated that these loans were obtained during the previous administration to improve…
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House of Reps probe N200bn spent on postponed Census
The House of Representatives has resolved to investigate the spending of funds allocated for the postponed 2023 Population and Housing Census. The Motion for this investigation was introduced by a lawmaker representing Aguta federal constituency, Anambra State, Dominic Okafor. Despite the postponement of the census, the National Population Commission (NPC) has already spent N200 billion out of the N800 billion budgeted. The House dropped the request to set a new census date and instead opted to focus on scrutinising the expenditure. The Speaker of the House of Representatives, Abbas Tajudeen,…
Read MoreAbuja Insecurity: H/Reps to probe failed FCT CCTV contract
Members of the House of Representatives have called for an investigation into the public funds expended on Close Circuit Cameras across the Federal Capital Territory (FCT), amidst unabated killings of Nigerians by one-chance syndicates. The resolution was passed sequel to the adoption of a Motion on ‘Matters of Urgent Public Importance’, sponsored by Hon. Mudashiru Lukman on the need to address the death of Miss Greatness Oluwafemi by one-chance syndicates in Abuja. In his lead debate, Hon. Lukman who stressed the need for the Government to ensure the safety of…
Read MoreAlleged Secret Bank Accounts: H/Reps probe NNPCL, Joint Venture business
The House of Representatives has said it is probing the structure and accountability of Joint Venture (JV) business and production sharing contracts (PSCs) of Nigerian National Petroleum Company (NNPC) Ltd. Chairman of the ad-Hoc Committee, Hassan Fulata, yesterday said some NNPC accounts did not follow due process. He said the committee discovered a secret account by NNPC Ltd., alleging the Federal Government did not follow due process in opening these accounts. However, the Acting Accountant-General of the Federation (AGF), Okolieaboh Sylva, denied the government’s knowledge of such a secret account.…
Read MoreHouse of Reps panel probes NNPC Joint Venture contracts with IOCs
…Summons AGFMalami, Kyari The House of Representatives has unveiled plans to investigate the structure and accountability of the Joint Venture (JV) businesses between Nigeria and International Oil Companies (IOCs) between 1990 to date. To this end, the House resolved to set up an ad-hoc Committee to investigate all Joint Venture (JV) operations and Production Sharing Contracts (PSCs) in the Oil and Gas sector since 1990, with a view to ascertaining whether or not the capital expenditure, operations, financials and related frameworks are within the ambit of law and Production Sharing…
Read MoreH/Reps probe Agric Ministry for spending N18.9bn on ‘ghost bush’ clearing during Covid-19 lockdown
The Public Account Committee of the House of Representatives Committee (PAC), has invited the Federal Ministry of Agriculture and Rural Development to give an account of how the ministry spent N18.9 billion on bush clearing, land-preparation among others during the Covid-19 lockdown. The chairman for the committee, Wole Oke, made this call, demanding that the Ministry of Agriculture show the places they claimed to have cleared. According to him, “During the lockdown of the country as a result of COVID-19, some companies took contracts worth about N18 billion for bush…
Read MoreFinancial Irregularities: Reps petition Buhari over refusal of agencies to honour C’ttee invitations
The House of Representatives is to petition President Muhammadu Buhari over the refusal of some agencies of government to appear before its Committee on Public Account to answer questions over financial irregularities traced to them or clarify some records provided by other agencies. The House Committee on Public Account is particularly not happy with the refusal of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele, Managing Director of the Nigeria Port Authority, Hadiza Bala Usman and the Bureau for Public Enterprises to appear before it over sales…
Read MoreReps probe CBN, NNPC, NPA, PEF, others over alleged alienation, sale of government landed properties
The House of Representatives will, on Wednesday, commence investigative hearing into the petition against the implementation Committee of White Paper on the Commission of Inquiry into the alienation and sale of Federal Government landed property from inception to date levelled against the Central Bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC). The investigative hearing was initiated by the House Committee on Public Accounts chaired by Hon Wole Oke. The Federal Executive Council (FEC) had in 2005 approved guidelines for the sale of Federal Government houses across the country, including…
Read MoreRevealed! NDDC spent N1.3trillion within four years, says Senate, …as Reps probe disappearance of N100bn disbursed to North-East Commission
Nigerian Senate ad hoc committee investigating the misappropriation of funds in the Niger Delta Development Commission (NDDC) said the agency had spent N1.3 trillion within four years. In the report read on Thursday by the Senate Committee Chairman, Senator Olubunmi Adetunmbi, the NDDC spent the N1.3 trillion between 2015 and May 31, 2019. Adetunmbi said many of the expenses were extra-budgetary. The investigation report revealed that the NDDC paid 4.9billion Naira to staffs for numerous allowances, which include COVID-19 relief, tour duty allowances, overseas travel, and international scholarships. The payment…
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