curator
Administrator
THE Senate has empowered its committee on finance to commence a full-scale investigation into the alleged missing $49.8 billion from the Federation Account.
The committee is expected to conclude its findings and submit report in less than seven days.
The missing money was said to be the value of crude oil export and proceeds from the Nigeria National Petroleum Corporation (NNPC) expected to be lodged in the Central Bank of Nigeria (CBN).
The Senate resolution followed a Point Of Order raised by under Matter of Urgent Importance by Senator Olubunmi Adetunmbi who, relying on Senate Order 42, drew the attention of the upper legislative chamber to the allegation.
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Source: Tribune Newspaper
The committee is expected to conclude its findings and submit report in less than seven days.
The missing money was said to be the value of crude oil export and proceeds from the Nigeria National Petroleum Corporation (NNPC) expected to be lodged in the Central Bank of Nigeria (CBN).
The Senate resolution followed a Point Of Order raised by under Matter of Urgent Importance by Senator Olubunmi Adetunmbi who, relying on Senate Order 42, drew the attention of the upper legislative chamber to the allegation.
Click here to read more
Source: Tribune Newspaper
