Senate sets up committee to probe Buhari administration N30tn ways and means advances

The president of the senate, Godswill Akpabio, on Monday, 11 March inaugurated the ad hoc committee to probe the N30 trillion Ways and Means advances under former President Muhammadu Buhari. The Senate President asked the Committee to investigate the NGN30 trillion that was released by the Central Bank of Nigeria (CBN) to fund projects under Buhari’s administration. In his inaugural address, the senate president urged the Committee members to be impartial, non-compromising, and confidential in handling the affairs of the committee. The Committee was set up following the adoption of a resolution of the Senate Joint Committees on Banking, Insurance, and Other Financial Institutions; Finance; National Planning; Agriculture; and Appropriations. Akpabio said the 10th Senate believes in transparency, accountability, and good governance, adding that the Committee should prove their commitments as Nigerians were agitating to know how the huge sums of money were utilized. The 17-member committee with Jibrin Isah representing Kogi East Senatorial District as chairman, was charged to be confidential and keep their investigations away from the prying eyes of journalists.