Latest Breaking News On - Stabilisation funds - Page 1 : vimarsana.com

Deji Elumoye in Abuja The Senate has uncovered how former President Goodluck Jonathan, his deputy, Namadi Sambo, Independent National Electoral Commission (INEC), Nigerian Army, Federal Airports Authority of Nigeria (FAAN) and some Ministries, Departments and Agencies (MDAs) benefitted from alleged diversion of N665.8 billion Solid Minerals Development and Stabilisation Funds through the Accountant General of the Federation (AGF). The upper legislative chamber has, therefore, ordered the AGF to ensure that the misappropriated funds in form of loans and Special allocations were recovered and paid back to the Special Funds Accounts within 60 days. The Senate gave the marching order to the AGF after consideration and approval of the 2015 Auditor-General’s report presented at plenary by the Chairman of the Senate Committee on Public Accounts, Senator Mathew Urhoghide.

Sao tomeSao tome and principeAbuja federal capital territoryFederal capital territoryBayelsa stateNamadi samboGoodluck jonathanDeji elumoyeMathew urhoghideLucius nwosuDevelopment of natural resourcesSenate public accounts committeeNigerian armySolid mineral development fundsMinistry of worksLoan to nigerian electricity regulatory commission