Mr Salam said, “The financial regulation empowers the National Assembly to exclude any ministry, department or agency that fails to account for their previous appropriations.’’
“The FRC dragged SEC before the committee for not responding to its report issued in 2022.’’
The House committee said it was investigating alleged leakages and non-remittance of TSA revenue generated through Remita.
Adeniyi said that since the inception of the Treasury Single Account, area commands don’t maintain accounts with commercial banks.
He also queried the ministry for reportedly sinking a borehole between N25 million and N12.5 million per unit.
The loans were designated for accelerated transmission and distribution interface, lines, and substation projects.
