Fidelity bank banner Bayelsa State banner
Reps demand framework for N500bn Social Intervention Fund, mandate committees to probe Manitoba contract

By News Express on 17/06/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,259

The House of Representatives demanded framework and details of 500 billion naira social intervention fund on Thursday in Abuja.

The legislators had directed a joint committee to ensure that the Senior Special Assistant to the Vice President on Social Protection Programmes makes available the framework.

The motion resulted to a heated debate among lawmakers.

While some members supported the bill and sought that the Federal Government stop further disbursements of the fund, other lawmakers however opposed calls for the programme to be stopped.

Meanwhile, in what is another probe into the power sector, the House of Representatives has mandated its Committees on Power and Public Procurement to investigate the alleged massive corrupt practices committed by Manitoba Hydro International Nigeria Limited.

The lawmakers made the resolve on Thursday after a representative of the Peoples Democratic Party from Nassarawa State, Honourable Gaza Jonathan, sponsored the motion at the Lower House of the National Assembly in Abuja.

The House alleged that the exchange rate being used by the management company since 2012 has been higher than the official and parallel market rates.

The legislators also noted that the management company had not met its key performance indicators under the management contract.

The House of Representatives directed the committees to report back in four weeks for further legislative works. (Channels TV)

•Pieced together from separate reports by Channels TV. Photo shows the House of Reps in session.

Source News Express

Posted 17/06/2016 04:28:04 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+




You may also like...
Lagos plane crash: Journalist releases victims’ names

NNPC eyes capital market for funds

Zamfara reduces MDAs to cope with economic reality...

NiMet forecasts hazy and cloudy weather for today...

Islamic association offers free medical treatment to over...

Man, 35, caught raping 13-year-old girl

NANS threatens to shut down Unizik over union...

Pictured: PASSENGERS PUSH PLANE to enable it move...

Day Senator Ngige challenged his ‘chi’ to a...

Rights Commission asks police to prosecute abductors of...

Deadlock in nPDP over defection plan

CBN floods forex market with $303.9m ahead of...


Latest News The world must attack immigration problems at the roots, By Benjamin Obiajulu Aduba Intersociety exposes new SARS Commander, writes off reforms Court threatens IGP over detention of Kwara Governor’s Aide Ex-banker arrested on wedding day; slammed with theft charge Insecurity: NEC sets up panel to decentralise Police operations Six killed as troops, bandits exchange gunfire in Zamfara U.S. votes $12.5m for food security in Nigeria Nigeria loses N126.2b on abandoned FG properties in Lagos — Don 5 lawmakers defect in Ogun Stakeholders demand implementation timeline for PIGB Peter Obi’s leadership resonates in Regina Pacis girls’ victory SARS reform not enough — CDHR •Seeks punishment of errant officers


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (377,527 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (366,517 views) Shameless Genevieve Nnaji exposes breasts in public (296,223 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (241,792 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (222,569 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (217,062 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (192,502 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (174,694 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (159,598 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (158,260 views) Lagos plane crash: Journalist releases victims’ names (152,676 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (142,998 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,454) Business Verdict (48) Columnists (910) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (528) Features (634) Global Business Monitor (294) International (2,274) Interview (161) Live Commentary (28) Love Matters (134) News (38,059) Opinion (1,058) Pidgin (11) Politics (6,058) Religion (816) Sports (1,646) Stock Watch (33) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Real Madrid vs Atletico Madrid 2-4 Highlights and Goals


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera