BY USMAN MOHAMMED, MAY 3, 2023, 4:14 PM
Nigerian senate has approved the sum of N22.7 trillion which was spent by the executive arm of government without the initial approval of the national assembly.
The Cable Newspaper has reported that the upper legislative chamber approved the request on today, after Ibrahim Gobir, senate leader, presented a report.
According to the paper, 'the N22.7 trillion is money borrowed by federal government from the Central Bank of Nigeria (CBN) through the ways and means of advances.
'President Muhammadu Buhari had asked the senate to approve the sum in December 2022, but some senators — mostly of the opposition — kicked against it.
'They demanded that records of what the funds were spent on be provided before approval is given to his request.'
Conflict Reporting is dangerous and risky. Our reporters constantly face life-threatening challenges, sometimes surviving ambushes, kidnap attempts and attacks by the whiskers as they travel and go into communities to get authentic and firsthand information. But we dare it every day, nonetheless, in order to keep you informed of the true situation of the victims, the trends in the conflicts and ultimately help in peace building processes. But these come at huge cost to us. We are therefore appealing to you to help our cause by donating to us through any of the following means. You can also donate working tools, which are even more primary to our work. We thank you sincerely as you help our cause.
Alternatively, you can also email us on
info@yen.ng or message us
via +234 803 931 7767