Senate approves Buhari’s N22.7trn CBN loan request | TheCable

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The senate has approved a sum of N22.7 trillion that has been spent by the executive arm of government without the approval of the national assembly.

The senate has approved the sum of N22.7 trillion that was spent by the executive arm of government without the initial approval of the national assembly.

Gobir said some of the beneficiaries of the funds are the office of the accountant-general of the federation, ministry of foreign affairs , Nigeria Bulk Electricity Trading, Azura Power West Africa, Niger Delta Power Holding Company, and Accugas Limited. They demanded that records of what the funds were spent on be provided before approval is given to his request.

Though the Gobir-led panel was meant to have turned in its report since January, it was only able to do so at Wednesday’s sitting.

 

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