NSITF Chiefs Appear In Senate Today Over Alleged N61.1bn Diversion       The management of the Nigeria Social Insurance Trust Fund is expected to appear before the Senate Public Accounts Committee today (Tuesday) to answer more questions on the query issued to it by the Auditor General...

Senate Probes Agency Over Sale Of N31m Jeeps For N1.5m       The Senate Public Accounts Committee has commenced investigation into the alleged sale of two Prado Jeeps worth N31 million at N1.5 million by officials of the Lake Chad Research Institute, Maiduguri, Borno State capital. The committee...

Unexecuted Contracts: Senate Indicts NIMASA For N1.5bn Payment         The Senate Public Accounts Committee has sustained the report of the Auditor General for the Federation, which indicted the Nigerian Maritime Administration and Safety Agency of paying N1.5bn to contractors who did not execute projects awarded to...

Senate Asks SMEDAN To Account For N298m       The Senate on Tuesday asked the Small and Medium Enterprises Agency of Nigeria to account for N298m advance payment it granted to some officials of the agency in 2013. Chairman of the Senate Public Accounts Committee, Senator Mathew Urhogbide,...

Senate To Auditor-general: Stop Shielding NNPC, NPA, Others       The Senate has challenged the acting Auditor-General of the Federation, Mr Adolphus Aghughu, to focus more on the financial transactions of big revenue generation agencies instead of beaming searchlight only on smaller agencies. The Chairman, Senate Public Affairs...

Reps Summon Kyari, Emefiele, Allege N3.2trn, Others Unremitted         The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that...