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House Summons Finance Minister, AGF over $36.1m World Bank Loan

Udora Orizu in Abuja
The House of Representatives Committee on Public Accounts has summoned the Minister of Finance, Zainab Ahmed and the Accountant General of the Federation, Ahmed Idris, to appear before it to explain the terms of agreement regarding the multilateral loan of $36.1 million and grant of $1.5 million from world bank and other development partners.
Recall that, on November 19, the Hon. Wole Oke-led panel asked the Director General of the Budget Office, Ben Akabueze, to explain why the office of the OAUGF was grossly underfunded.
Akabueze had in his response, faulted the notion that the OAuGF was grossly underfunded, saying that the office of the Auditor-General receives substantial resources from development partners, which includes $36.1 million multilateral loan and grant of $1.5 million from the world bank. ....

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Reps summon finance minister over $36.1m W'Bank loan – Punch Newspapers

Punch Newspapers
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Leke Baiyewu, Abuja
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated to the Office of the Auditor General of the Federation.
The House Committee on Public Accounts had last week summoned the acting Auditor General of the Federation, Mr Aghughu Adolphus, over the fund.
Adolphus, who had earlier been invited by the committee, had failed to show up last week. His representatives led by a Deputy Director, Mr Babalola Olanrewaju, could not explain to the lawmakers the rationale behind taking the loan. ....

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Reps summon finance minister over $36.1m World Bank loan

Punch Newspapers
Sections
Leke Baiyewu, Abuja
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated to the Office of the Auditor General of the Federation.
The House Committee on Public Accounts had last week summoned the acting Auditor General of the Federation, Aghughu Adolphus, over the fund.
Adolphus, who had earlier been invited by the committee, had failed to show up last week. His representatives led by a Deputy Director, Babalola Olanrewaju, could not explain to the lawmakers the rationale behind taking the loan. ....

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Reps probe payment of over N149.205bn to pre-shipment inspectors, monitors

Reps probe payment of over N149.205bn to pre-shipment inspectors, monitors
Reps probe payment of over N149.205bn to pre-shipment inspectors, monitors
• Summon Finance Minister, AGF over $36.1m World Bank loan, $1.5m grant
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The House of Representatives, on Tuesday, commenced an investigation into the payment of over N149.205 billion on crude oil lifting pre-shipment contracts paid by Federal Government since 2011 to date.
Chairman, House Committee on Public Accounts, Hon Wole Oke, who presided over the investigative hearing into the implementation of Nigerian Exports Supervision Scheme (NESS) vis-à-vis the payments of Pre-Shipment Inspection Agents (PIAs) and Crude Oil/Non-Oil Monitoring and Evaluation Agents (MEAs), expressed concern over the allegation ....

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