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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.

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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.

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It warned against mismanagement of the intervention fund, adding that previous intervention projects were poorly managed without yielding the necessary result.

The senate noted that in order to avoid the pit falls of the past intervention schemes, the federal government should take another look at the N500 billion intervention programme to incorporate manual registration of beneficiaries from all wards and local governments in the country.

It also asked the federal government to present a clear framework that does not marginalise any segment of the country and present same to the National Assembly within two weeks.

3 Comments on Senate faults disbursement of N80bn Intervention Fund

  1. Good for them

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  2. What is actually wrong with these legislators, do they now want to do the work of the executive all in the name of Oversight? I tire for these people oh!

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  3. When you have bunch of idiots who lacks enovation and creativity, this is what you have. Some of them are now regreting being a legislator they would rather want to be minister. ‘Theives’.

    Like

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