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The Chairman, Senate Public Accounts Committee, on Wednesday gave the Ministry of Finance, Office of the Accountant General of the Federation and the Office of the National Security Adviser till Tuesday next week to explain an alleged secret withdrawal of N7.5bn from the two per cent National Automotive Council Design and Development Council Levy Account.

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The Chairman, Senate Public Accounts Committee, on Wednesday gave the Ministry of Finance, Office of the Accountant General of the Federation and the Office of the National Security Adviser till Tuesday next week to explain an alleged secret withdrawal of N7.5bn from the two per cent National Automotive Council Design and Development Council Levy Account.

The account is domiciled with the Central Bank of Nigeria.

The Committee had two weeks ago while scrutinizing the 2015 Auditor General for the Federation’s report summoned the affected agencies to appear before it.

The representatives of the affected agencies were not present at the scheduled meeting on Wednesday.

Written by: EaglesFM

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The Federal Executive Council on Wednesday approved the National Poverty Reduction with Growth Strategy submitted by the Presidential Economic Advisory Council. The decision was taken at the weekly meeting of the council presided over by the President, Major General Muhammadu Buhari, at the Presidential Villa, Abuja. The Special Adviser to the President on Media and Publicity, Femi Adesina, who briefed State House correspondents at the end of the meeting said […]

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