Reps To Probe Ministry of Agriculture Over N18.6bn Spent To Clear Bush, Prepare Land

August 18, 2022

House of Representatives have summoned some companies to provide answers, as the lawmakers probe the Federal Ministry of Agriculture and Rural Development’s expenses.

The lawmakers disclosed that the Federal Ministry of Agriculture and Rural Development’s spent N18.6 billion on bush clearing and land preparation in some constituencies

Join our WhatsApp Channel

However, lawmakers in the unnamed constituencies are not aware of the projects. The Committee on Public Accounts, led by Oluwole Oke, made the disclosure during the House of Representatives public hearing.

Oke, a member of the Peoples Democratic Party (PDP) and a representative of Osun State, said companies involved in the bush clearing, land preparation, as well as rehabilitation of soil and plant laboratories, have been summoned.

He didn’t reveal the identities of the firms and date of their appearance in the lower chamber, but it was gathered that their invitation became necessary when the explanation of representatives of Ministry of Agriculture and Rural Development was not convincing.

Speaking on the decision taken to probe the N18.6 billion disbursed between 2013 and 2021, Oke said, “We invited the Ministry of Agriculture and they have made submission.

“But some of our members whose constituencies these projects were supposed to be domiciled doubted the existence of these projects.

“For fair hearing, we have invited the companies that got the contract for them to come and tell this committee where and when the jobs were executed.” Oke said.

Featured Stories

Latest from Business

Tinubu Constitutes Taskforce to Revamp Petroleum Industry

President Bola Tinubu has inaugurated a Presidential Petroleum Reform and Value Optimisation Taskforce to plan the next stage of reforms in Nigeria’s petroleum sector. Mr Fola Adeola, co-founder of Guaranty Trust Bank and founder of the Fate Foundation, was appointed chairman of

Investigation Reveals 23 Damaged Components on Arik Air Flight

Nigeria’s air accident investigators said a passenger aircraft operated by Arik Air suffered damage to at least 23 components after an abnormal engine incident during a flight in February. In a preliminary report released on Friday, the Nigerian Safety Investigation Bureau said
Why CBN Retained Bencmark Interest Rate At 27.5%

CBN Directs Banks to Deny Debtors New Loans

Central Bank of Nigeria has directed commercial banks to deny additional credit and certain banking services to large borrowers with non-performing loans, in a move aimed at strengthening credit discipline and reducing financial risks in the banking system. In a letter dated March 12,
Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

RT Briscoe Tops NGX Losers’ List, Guinness Among Gainers

The market capitalisation of the Nigerian Exchange (NGX) was N127.36 trillion on Friday, March 13, while the all-share index (ASI) closed at 198,407.3 ASI. Equity investors traded 591.04 million shares in 53,066 deals, valued at N35 billion on Friday.Join our WhatsApp Channel
FAO To Augment Ethiopia Food Security With US$10m Loan
Previous Story

FAO To Augment Ethiopia Food Security With US$10m Loan

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings
Next Story

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Don't Miss

Big Tent Launches Obi-Datti Compassion Angels To Raise Fund For IDPs 

Big Tent Launches Obi-Datti Compassion Angels To Raise Fund For IDPs 

To  support Internally Displaced Persons (IDPs) in camps across Northern
the imperative of economic recovery how can the resolution of the sahara issue strengthen africas regional and continental integration

The Imperative of Economic Recovery: How can the Resolution of the Sahara Issue Strengthen Africa’s Regional and Continental Integration?

ACCRA, Ghana, July 28, 2021 -/African Media Agency(AMA)/– On 27 July