Senate summons Finance Minister, Accountant General over variations in cost of contracts

0
298


Senate summons Finance Minister, Accountant General over variations in cost of contracts

By Henry Umoru – Abuja

The Senate has summoned the Minister of Finance, Budget and National Planning,  Zainab Ahmed and the Accountant General of the Federation, Ahmed Idris, along with the Managing Director of the NSIA, Uche Orji and the contractors handling projects to appear before it and explain the variations in the cost of major federal highways being executed through the Nigeria Sovereign Investment Authority (NSIA).

Some of the projects tagged Legacy Projects include Lagos – Ibadan Express Way, Second Niger Bridge and Abuja – Kano Expressway are being funded through a tripartite agreement between the ministries of Finance, Works and the NSIA.

Chairman of the  Committee,  Senator Olamilekan Adeola who extended the invitation to the Minister of Finance, Minister of Works and others at an interactive session with the MD of NSIA, said that the meeting was imperative to clear grey with regard to funding the road projects as well as variation in the cost of the…



Source: Vanguard Newspaper