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Lawan: Why Senate is Probing Zungeru Power Plant Concessioning – THISDAYLIVE

Lawan: Why Senate is Probing Zungeru Power Plant Concessioning – THISDAYLIVE
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Why we are probing bid to concession Zungeru Power Plant ― Senate President

The President of the Senate, Ahmad Lawan has given reasons why the Senate decided to organise an investigative hearing on the ongoing bid to concession ....

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Senate begins screening of new CDS, Service Chiefs, others -

ABUJA- THE Senate has begun the screening of the newly appointed Chief of Defence Staff and Service Chiefs forwarded to it by President ....

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Senate: How NBET mismanaged N50 billion in escrow account

Senator Matthew Urhoghide, Peoples Democratic Party, PDP, Edo South led Senate Committee on Public Accounts, which raised the alarm and exposed the mismanagement of public funds in the Escrow Account, has also discovered that the renegotiation was carried out after two years from 0.02 to 2 percent per annum. ....

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How NBET Mismanaged N50bn in Escrow Account

By Henry Umoru
ABUJA- THE Senate has uncovered how the Nigeria Bulk Electricity Trading Plc (NBET) mismanaged N50 billion in the Escrow Account.
According to the Senate, the N50 billion in the Escrow account is from sales of Egbin , Omotosho, and Olorunsogo Power plants.
Senator Matthew Urhoghide, Peoples Democratic Party, PDP, Edo South led Senate Committee on Public Accounts which raised the alarm and exposed the mismanagement of public funds in the Escrow Account, has also discovered that the renegotiation was carried out after two years from 0.02 to 2 percent per annum.
The Senator Urhoghide led Committee is relying on the query raised by the Office of the Auditor General of the Federation in the 2015 report and brought before it for probe and subsequent presentation to the Senate at Plenary. ....

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