Reps investigate alleged mismanagement of N2trn govt funding by MDAs in 8 years

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The House of Representatives on Tuesday mandated its Committees on Nutrition and Food Security and Agricultural Production and Services, Agricultural Colleges and Institutions and Finance to conduct a comprehensive investigation into the alleged misuse of government interventions and agricultural funding by departments, agencies, Schemes and...

The House of Representatives on Tuesday mandated its Committees on Nutrition and Food Security and Agricultural Production and Services, Agricultural Colleges and Institutions and Finance to conduct a comprehensive investigation into the alleged misuse of government interventions and agricultural funding by departments, agencies, Schemes and Programmes of the Federal Government outside the Federal Ministry of Agriculture and Food Security.

years have spent over two trillion Naira in funding agricultural interventions with the view of making food available for millions of Nigerians, but due to the alleged mismanagement, misapplicationAccording to him, the reports and allegations of abuse, mismanagement, and misapplication of governmentthrough the Central Bank of Nigeria, through the Anchor Borrowers Program disbursed about I.12 trillion Naira to 4.

 

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