x

BREAKING: Senate summons minister of finance over N1.8trn power intervention funds

The Senate Committee on Power, said on Thursday that it has perfected plans to begin a three-day investigative hearing with the purpose of ascertaining how the N1.8trn injected into the power privatisation exercise by the Federal Government between 2013 till date, was utilised.

The privatisation exercise was consolidated on September 13, 2013, during the tenure of former President Goodluck Jonathan.

The Chairman of the Senate Panel, Gabriel Suswan told journalists after the meeting of his panel that the probe was not a punitive action.

Suswan said various sums ranging from N701bn, N600bn, N380bn and N213bn had been released as intervention funds in the last seven years.

He said the Minister of Finance, Zainab Ahmed, and her counterparts in the Ministry of Power, among other heads of government agencies in the power sector as well as private sector operators, had been summoned.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Kaduna health ministry partners CSOs, others for improved maternal, child health 

By Achadu Gabriel, Kaduna  Kaduna State Ministry of Health in...

GSM Market Inferno: Governor Yusuf Injects Over N2 Billion Into Market

By Jabiru Hassan, Kano. Kano State Governor, Abba Kabir Yusuf,...

Hon. Usman Gorau Distributes Vehicles and Motorcycles to Youths in Sokoto

By Muhammad Ibrahim, Sokoto  In a bid to empower youths...

SGF Meets Tor Tiv, Och’Idoma, Elders for Lasting Peace in Benue

Wilfred Francis The Secretary to the Government of the Federation...

Gov Ododo Lauds Ekinrin-Adde Community Over Infrastructure fund Raising

By Noah Ocheni, Lokoja The Kogi State Governor, Alhaji Ahmed...

Gov. During approves automatic employment for UAT first class graduates

Amgbare Ekaunkumo, Yenagoa  Bayelsa State Governor, Senator Douye Diri, has...

Gov Sani condemns killing of 12 Kaduna citizens in plateau LG, demands justice 

By Achadu Gabriel, Kaduna  Governor Uba Sani of Kaduna State...

APC plans takeover of Rivers, Bayelsa as Tinubu backs Gov Eno

By Ogenyi Ogenyi, Uyo .. The All Progressive Congress, APC,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img