• You can’t escape scrutiny in bailout disbursement – APC to Fayose

    You can’t escape scrutiny in bailout disbursement – APC to Fayose

    It was gathered that the All Progressive Congress (APC) in Ekiti State has told Governor Ayodele Fayose to stop playing pranks to avoid the scrutiny of the Senate Committee on Local Governments in the disbursement of the bailout cash approved to the state by the Federal Government.

    It said the bailout is different from the regular federal allocation that cannot be monitored by the allocating authority, stressing that the governor cannot hide under the constitution to abuse a special intervention scheme […]

  • ICPC grills UNIABUJA bursar, academic officer over TETFUND disbursement

    ICPC grills UNIABUJA bursar, academic officer over TETFUND disbursement

    According to reports, the Bursar of University of Abuja and the Academic and Physical Planning Officers of the institution were yesterday grilled by the Independent Corrupt Practices and other Related Offences Commission, ICPC, over the utilisation of Tertiary Education Fund, TETFUND, intervention assisted projects since 2009.

    The University has been under investigation by different anti-graft agencies over alleged violation of the Corrupt Practices and other Related Offences Act 2000.

    It was gathered that the White Paper on the Special Investigation Committee set […]

  • Senate faults disbursement of N80bn Intervention Fund

    Senate faults disbursement of N80bn Intervention Fund

    According to reports, the Senate yesterday queried the disbursement of N80 billion out of the N500 billion social intervention fund to undisclosed persons without the representatives of the National Assembly.

    The resolution is sequel to a motion by the Senate leader, Senator Ali Ndume (APC Borno South), titled “the Need to avoid the mismanagement of the 500 billion social intervention funds” who drew the attention of the senate over the disbursement.

    It warned against mismanagement of the intervention fund, adding that previous […]

  • Lagos to begin disbursement of N25b Employment Trust Fund next week, says Ambode

    Lagos to begin disbursement of N25b Employment Trust Fund next week, says Ambode

    It was gathered that the Lagos State Governor, Akinwunmi Ambode, on Tuesday disclosed that the State Government would begin the disbursement of the much anticipated N25 billion Employment Trust Fund and other empowerment programmes initiated by his administration next week.

    Governor Ambode spoke at the 3rd Quarter 2016 Town Hall Meeting held at the Indoor Sports Hall, Teslim Balogun Stadium, Surulere.

    He said that funds for the programmes targeted to assist youths, artisans and the needy become self reliant have been provided, […]