Categories: METRO

Senate Threatens Arrest Of Heads Of Erring MDAs Over N5trn Wide Votes

The Nigerian Senate has threatened to detain the heads of any Ministries, Departments, and Agencies (MDAs) that misused the N5 trillion in Service Wide Votes (SWV) from 2017 to 2021 and received benefits without authorization.

Additionally, it has decided to launch an investigation to expose the public officials at fault.

This came after it was found that numerous organizations received funds from the SWV without informing the National Assembly panels required by law to supervise the organizations.

The Consolidated Revenue Fund Charge, also referred to as SWV, serves as the nation’s emergency fund in the annual budget.

While addressing newsmen in Abuja, the Chairman of, the Senate Committee on Public Accounts, Senator Mathew Urhoghide (PDP Edo South), explained that the investigation had to do with the disbursement of SWV between 2017 and 2021.

Sponsored

Urhoghide added that the votes had become a major component of the nation’s budget, considering the amount budgeted annually for it in the proposals.

The lawmaker said the committee wanted to know how the money collected from Service Wide Votes is being expended, alleging confusion in the approval of the votes

“We want to see how this money is being expended. There is confusion on approval, we want to really get to know what is going on”.

The 252 ministries, departments, and agencies that are expected to appear in the ongoing investigation of Service Wide Votes from 2017 to 2021 are the Ministry of Information and Culture, Defence, NHIS, Police, Ministry of Power, Bank of Industry, Water Resources, National Assembly, Public Complaints Commission among others.

 

SPONSORED
Nobert Okechukwu

Recent Posts

Military Foils Attempted Coup In DRC

Government forces in the Democratic Republic of the Congo (DRC) have successfully thwarted an attempted…

51 mins ago

How Soldiers Invaded Abuja Popular Shopping Complex, Banex Plaza After Traders Clashed With Colleagues

Personnel of the Nigerian Army Corps of Military Police stormed Banex Plaza in Abuja Saturday…

7 hours ago

Seven Perish In Imo Road Crash

An articulated vehicle, popularly known as trailer lost control and crushed three minibusses, leaving seven…

8 hours ago

How To Secure Nigerian Visas For Tourists, Investors, Others [SEE FULL STEPS]

The federal government has approved a memo from the Ministry of Interior to fast-track the…

20 hours ago

EFCC Hands Over $22k Seized From Convicted Fraudster To FBI

The Economic and Financial Crimes Commission (EFCC) says it has handed over $22,000 recovered from…

21 hours ago

Gov. Otti Speaks At Cambridge University Conference In UK

The University of Cambridge, Judge Business School, United Kingdom, will be hosting the Abia State…

1 day ago