Loans

Kaduna House Of Assembly Begins Probe Of Alarming Loans Taken By Ex-Gov El-Rufai

8 months ago1084 min

The Kaduna State House of Assembly has set up a 13-man committee to probe the financial dealings, loans, grants and other project implementations from 2015-2023 under former Governor, Nasir El-Rufai’s tenure. The House also mandated the committee to invite notable personalities that served during the period, including contractors, to explain how the loans and grants received during the period under review were spent. The Chairman House Committee on Public Accounts, who is also...

by Probitas

News

Senate Uncovers Several Infractions In N30trillion Ways And Means Loans Under Buhari, Summons Central Bank Ex-Gov Emefiele

9 months ago1034 min

The upper legislative chamber of the National Assembly, the Senate is set to summon the former Governor of the Central Bank of Nigeria, Godwin Emefiele, over 13 infractions uncovered in the process of obtaining the N30 trillion Ways and Means loan during the administration of former President Muhammadu Buhari. The Senate ad hoc committee probing the disbursement and usage of the Ways and Means loan, which disclosed this on Tuesday, during a meeting with the...