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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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