Chairman of Senate committee, Melaye, accuses Nigerian government of embezzling public funds

87 views0

Chairman of Senate committee, Melaye, accuses Nigerian government of embezzling public funds

By

The Chairman of Senate committee on Federal Capital Territory, Dino Melaye accused the federal government of sharing over 4 billion dollars, being refund of over deduction from the states in the country as Paris and London club debt repayments to which the federal government has denied such allegations.
Federal government

Federal government

Melaye called on the Economic and Financial Crimes Commission (EFCC) to step in and make sure funds paid to the state governments were not embezzled.”˜The 36 states of the Federation collectively received over 4 billion US dollars being the over-deduction on Paris and London Club Loans on the accounts of State and Local governments from February 1990 to March 2002’, said Mr. Melaye.He went further to say that the 36 states governors did not want the general public to know about the money, especially the civil society organizations, hence the secrecy in payment.But this allegation has been denied by the Minister of Finance, Kemi Adeosun who declared that no such money was shared and where would the government have obtained such an amount but instead disclosed that the government generated about N272.03 billion independent revenues between January and October.

Discover more from NewsBreakers

Subscribe to get the latest posts sent to your email.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
Previous
Next

Comments are closed.