Senate Wants Finance Ministry, OAGF, NSA Explain Roles In N7.5bn Secret Withdrawal

explain their role in the alleged “secret withdrawal” of N7.5 billion from the two per cent National Automotive Council Design and Development Council Levy Account domiciled with the Central Bank of Nigeria .Recall that the Committee had two weeks ago summoned the affected agencies to appear before the lawmakers, which they failed to do.

He added that the agency had also written a letter to remind Niger Insurance Plc on the agreement reached on July 9, 2020 as ordered by the Committee . The second letter was written to the Minister on April 26, and was delivered to the Minister on April 27, while that of the Accountant-General of the Federation was delivered on April 26.

The query raised by the Auditor-General of the Federation on the matter had said: “A total sum of N3,836,000,000.00 was irregularly withdrawn from the 2% National Automotive Council Levy Account with the Central Bank of Nigeria, Abuja in 2 installments of N2,800,000,000 and N1,036,000,000.00 by the Accountant-General of the Federation and the Federal Ministry of Finance as car loan to be granted for the Security Personnel Car Purchase Scheme Loan.

May God not let our leaders finished this country.

Nigeria, Abuja in 2 installments of N2,800,000,000 (in 2005) and N1,036,000,000.00 (in 2006) by the Accountant-General of the Federation and the Federal Ministry of Finance as car loan to be granted for the Security Personnel Car Purchase Scheme Loan.

The query raised by the Auditor-General of the Federation on the matter had said: “A total sum of N3,836,000,000.00 (Three billion, eight hundred and thirty-six million naira) was irregularly withdrawn from the 2% National Automotive Council Levy Account with the Central Bank of

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