Reps summon Taiwo Oyedele, AGF over N75bn UBEC debt
The House of Representatives has summoned the Minister of Finance, Taiwo Oyedele, and the Accountant-General of the Federation, AGF, Shamseldeen Babatunde Ogunjimi, over N75 billion reportedly borrowed from the Universal Basic Education Commission, UBEC. The two officials are expected to appear before the House Public Accounts Committee on Thursday, October 22, to explain how the money […] Reps…
The House of Representatives has summoned Finance Minister Taiwo Oyedele and Accountant-General of the Federation Shamseldeen Babatunde Ogunjimi to a hearing on October 22. This comes after lawmakers raised concerns over the N75 billion borrowed from the Universal Basic Education Commission (UBEC) and the lack of clear repayment plans.
The Public Accounts Committee, chaired by Deputy Chairman Jeremiah Umaru, emphasized that public funds should not be diverted without proper conditions and a clear repayment timeline. The committee urged both officials to appear in person and provide a specific plan for repaying the borrowed funds, whether with or without interest.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
