BREAKING: Senate summons finance minister over N1.8trn power intervention funds

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Senate summons finance minister, probes N1.8trn power intervention funds

The Senate Committee on Power, said on Thursday that it has perfected plans to begin a three-day investigative hearing with the purpose of ascertaining how the N1.8trn injected into the power privatisation exercise by the Federal Government between 2013 till date, was utilised.

The privatisation exercise was consolidated on September 13, 2013, during the tenure of former President Goodluck Jonathan. The Chairman of the Senate Panel, Gabriel Suswan told journalists after the meeting of his panel that the probe was not a punitive action. Suswan said various sums ranging from N701bn, N600bn, N380bn and N213bn had been released as intervention funds in the last seven years.

He said the Minister of Finance, Zainab Ahmed, and her counterparts in the Ministry of Power, among other heads of government agencies in the power sector as well as private sector operators, had been summoned.

 

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Everything power probe.

People will get their cut and the matter will die quietly

LocusBendi

Summoned for settlement. unashamed set of people eating public funds for free

Nothing will come out of it...

It's a national cake Rep wants there share Who no know No know..........

Probe the N27b for senate renovation 😒

Of course, the cartel didn’t get their fair share.

Eden with the summon and probe nothing would happen. Nothing works in this country

Just for talking sake.....nothing will happen

Thief dey summon thief🙄 inside life 🙄

Our leaders are irredeemable criminals who have never been of stealing from Nigerians. Treasury looters you are. Shame on all of you.

Good afternoon sir/ ma, I am Mohammed Nuruddeen from Nigeria, Adamawa state but studying Bachelor of Medicines and surgery(yr2) in Uganda please help me with anything my food stuff's has finished and I have no contact. here is my account number UBA 21181419360 MOHAMMED NURUDDEN.

Noting wey person no go hear, from this Country intervention funds....just to intervene 1.8trn..Haba!!!

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