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N2.2trn Not Missing, Says DMO

N2.2trn Not Missing, Says DMO       The Debt Management Office (DMO) has declared that N2. 2 trillion, which could not be traced by the house of representatives is not missing. The DMO in a statement yesterday said: “The provisions in the Annual Appropriation Acts for Debt Service,...

Reps Summon Ahmed, Budget Office, Customs Over Duty Waivers

Reps Summon Ahmed, Budget Office, Customs Over Duty Waivers         The House of Representatives Committee on Public Accounts has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Director-General of the Budget Office of the Federation, Ben Akabueze; and the Nigeria Customs Service over...

House Demands Documents On N2.2trn Foreign, Domestic Debts Utilisation

House Demands Documents On N2.2trn Foreign, Domestic Debts Utilisation       The House of Representatives Committee on Public Accounts has asked the Office of the Accountant-General of the Federation to forward the financial statement on the utilisation of the N2.2tn revenue accruing from foreign and domestic debts...

$2.6bn Pipeline Project: Reps Grill NNPC, Contractors

$2.6bn Pipeline Project: Reps Grill NNPC, Contractors       The House of Representatives has begun investigation of alleged breach of Nigeria’s laws on local content in the execution of the Federal Government project to construct a gas pipeline from Ajaokuta to Kano. The House Committee on Local Content,...

Reps Tackle Finance Minister Over Access To Budget Funds

Reps Tackle Finance Minister Over Access To Budget Funds     The House of Representatives have tackled the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed over the difficulties by some Ministries, Departments and Agencies (MDAs) in accessing funds from the capital component of the...

Reps To Probe MDAs Over N96bn Special Interventions Funds

Reps To Probe MDAs Over N96bn Special Interventions Funds       The House of Representatives has directed its Committee on Finance to investigate the disbursement and utilisation of N96.191 billion Special Interventions Funds (SIF) provided to Ministries, Departments and Agencies (MDAs) between 2015 and 2020. This was sequel...