Reps Query Industrial Training Fund Over Missing N3bn
The House of Representatives on Monday issued the Industrial Training Fund (ITF) a 48-hour ultimatum to give an explanation on missing funds of up to N3 billion.
The Chairman of the Committee on Finance, James Faleke, gave the ruling during the continued hearing on the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) when the agency was unable to explain how the funds were utilised.
Similarly, the committee directed the Nigerian Electricity Regulatory Commission to explain within 72 hours why a company was licenced to provide metres.
The company is said to have received N39 billion from the Ministry of Power but still did not provide the metres.
The committee is concerned that a company that seemingly lacks the capacity to execute the project was licenced.
HAPPY BIRTHDAY, SIR
HIS EXCELLENCY, RT. HON. AHMADU UMARU FINTIRI
HAPPY 59TH BIRTHDAY, YOUR EXCELLENCY! The Governing Council, Management, Staff and entire University Community of Adamawa State University, Mubi, heartily felicitate with Your Excellency on the joyous occasion of your 59th birthday. We celebrate your commitment to educational advancement and the development of Adamawa State. May Almighty God grant you sound health, divine wisdom, long life and greater accomplishments. Happy 59th Birthday, Your Excellency!
Professor Clement Augustine, Vice Chancellor, ADSU, Mubi
It also directed the Nigerian Communications Commission (NCC) to explain how it spent N291 billion in 2022 on broadband across the country as the committee questioned it on details of the provision of broadband services after the NCC said the services were provided to airports and markets.