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House of Reps to Close Up Leakages of Funds in Nigeria

House of Reps to Close Up Leakages of Funds in Nigeria

The House of Representatives in Nigeria has said that they will look into areas of leakage of funds in the country and ensure such areas are closed. Information Guide Nigeria

As reported by PUNCH, The Chairman, House Committee on Media and Publicity Affairs, Benjamin Kalu said,  “These things are necessary because there is a determination by the House to close up areas of leakages of funds so that the Federal Government would have enough to take care of the welfare of citizens.”

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The Chairman made this statement on Thursday while briefing Journalist on the activities of the House.

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According to the chairman, the House will ensure proper scrutiny of the N4.89trn which the President, Major General Muhammadu Buhari (retd) plans to borrow in order to fund the 2022 budget deficit adding that they will also review the proposed oil benchmark from $56 per barrel to $60 in the 2022 fiscal year. Jamb Result

PUNCH also reveal that the Chairman said, “Findings by the committee which would occupy front burners as we resume, one of which was data not coherent between the agencies like Customs, PPPRA, NNPC and all the rest of them especially on issues like, what is exactly the amount of crude oil produced per day, what is the level of our PMS consumption per day.

He assured Nigerians that the House will review and amend Establishment Act, because of the effect of  COVID-19 and also ensure the blockage of fund leakage in agencies that were not remitting or were under-remitting to the Federation Account.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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