WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...
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EFCC RETURNS RECOVERED N1.5BN TO NHIS. (PHOTO).#PRESS RELEASE.

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EFCC Returns Recovered N1.5bn to NHIS

The Economic and Financial Crimes Commission, EFCC, on February 10, 2022 returned the sum of N1, 550,000.000 (One Billion, Five Hundred and Fifty Million Naira) to the National Health Insurance Scheme, NHIS.

The fund is part of monies which some commercial banks fraudulently withheld and refused to transmit to their Treasury Single Account, TSA, since 2015.

The Commission had earlier on September 16, 2021 released N1, 300,000,000, also recovered from the banks to the Agency.

 

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