BREAKING: Senate to Investigate Buhari Over N30 Trillion Expenditure

BREAKING: Senate to Investigate Buhari Over N30 Trillion Expenditure

  • The Nigerian Senate has unanimously resolved to probe the N30 trillion Ways and Means spent by former President Muhammadu Buhari-led administration, which according to the lawmakers, was recklessly spent
  • The Senate passed the resolution after interactive sessions with the economic management team of the federal government headed by Wale Edun, the minister of finance and coordinating government official for the economy
  • Legit.ng reports that the federal lawmakers alleged that reckless spending of the overdraft collected from the CBN under Godwin Emefiele is largely responsible for the economic crisis Nigeria is currently facing

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering governance issues

FCT, Abuja - The Senate, on Tuesday, February 20, resolved to probe the N30 trillion Ways and Means spent by former President Muhammadu Buhari-led administration.

Read also

BREAKING: Tinubu takes action on Aso Rock’s owed electricity bill

According to the Senate, the fund was recklessly spent.

Buhari/Buhari news/CBN
Nigerian authorities auditing CBN’s Ways and Means loan under Buhari. Photo credits: Nigerian Senate, Muhammadu Buhari
Source: Getty Images

As reported by The Punch, the upper legislative chamber stated that wasteful expenditure of the overdraft collected from the Central Bank of Nigeria (CBN) under Godwin Emefiele largely accounted for the hardship currently affecting Nigerians.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

Minister of finance, Wale Edun, had called for the audit and said the Bola Tinubu administration needed to determine whether it would repay it or not.

Per Leadership newspaper, Edun said the CBN has pointed out that the Ways and Means have to be eliminated.

More to read about Buhari:

Read also

Ondo govt declares 2 day public holiday, dates, details surface

Buhari should be jailed - Omokri speaks out

Meanwhile, Legit.ng reported that Reno Omokri, a one-time special assistant on social media to ex-president Goodluck Jonathan, on Wednesday, February 14, said Buhari ought to be facing trial.

Omokri said Buhari should be prosecuted by the Tinubu administration for his alleged part in the damage done to the Nigerian economy.

The social media personality also expressed his view that Buhari’s nephew, Sabiu Yusuf (Tunde), "should be cooling his heels in Kuje prison" — along with the former Nigerian leader.

Source: Legit.ng

Online view pixel