evidence of approval for the over N17bn extra-budgetary spending from the Sovereign Wealth Fund under its control over four years, between 2016 and 2019.
At the hearing attended by representatives of the Offices of the Accountant-General of the Federation and the Auditor-General of the Federation, the finance ministry, in comparing notes with the lawmakers, agreed to receiving and spending part of the alleged fund over the years, but denied receiving others.
Aliyu said, “The ministry makes naira available to the CBN, who in turn pay these subscriptions in hard currencies.
The term “billion” in the current administration is now becoming very common.
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