Senate has inaugurated a 17-member adhoc committee to probe N30 trillion Ways and Means Advances expended by the administration of former President Muhammadu Buhari with a charge to ensure full recovery.
Inaugurating the Committee on Monday in Abuja, President of the Senate, Godswill Akpabio, noted that unravelling the mystery behind the advances remains key in understanding the country’s present challenges
According to Akpabio, the success of the investigative panel hinges on collaboration, cooperation, and steadfast commitment for the benefit of Nigerians.
He charged the committee to leave no stone unturned in pursuit of the truth about N30 trillion Ways and Means Loans Advances.
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Responding, Chairman of the 17-member committee, Senator Isa Jubril assured that the probe will be carried out with precision to a logical conclusion.
The adhoc committee has six weeks to also investigate the N10 trillion expended on the Anchor Borrowers Programme, among other intervention programmes of the Federal Government under former Governor of the Central Bank of Nigeria, Godwin Emefiele.
(Editor: Terverr Tyav)
