July 27, 2024
Reps Order Ministries To Return N85bn Covid-19 Fund
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Reps Order Ministries To Return N85bn Covid-19 Fund

The House of Representatives Public Accounts Committee has ordered the Federal Ministry of Industry, Trade, and Investments to refund N75bn allocated to it as COVID-19 intervention funds.

The committee also mandated the Federal Ministry of Health to return N10bn meant for the production of COVID-19 vaccines, which it says, was not spent, back to the Federal Government.

READ ALSO: EFCC Takes Babangida Aliyu, Tanko Beji To Appeal Court Over Alleged N4bn Fraud

The decisions were sequel to a motion moved by Bassey Akiba, a member of the Labour Party from Cross River State, following the non-appearance of officials of the ministry at its investigative hearing on Thursday.

The committee had invited 59 Ministries, Departments and Agencies to appear before it for the commencement of an investigative hearing on the alleged mismanagement of the funds meant to tackle the global health pandemic known as coronavirus.

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