... Probe bail-out funds to states

Daily Trust - - NEWS - By Musa Ab­dul­lahi Kr­ishi

The House of Rep­re­sen­ta­tives is to probe the fed­eral gov­ern­ment’s bail-out funds given to states with a view to as­cer­tain­ing its pro­pri­ety.

The House said it would con­sti­tute an ad-hoc com­mit­tee to in­ves­ti­gate the terms and con­di­tions for the dis­burse­ment and uti­liza­tion of the funds, the level of com­pli­ance and de­ter­mine the ne­ces­sity of fur­ther dis­burse­ment as be­ing muted by the gov­ern­ment. The com­mit­tee is ex­pected to re­port back in four weeks.

Adopt­ing a mo­tion by Rep Sun­day Karimi (PDP, Kogi), the House said with the down­ward trend in the rev­enue gen­er­a­tion by the coun­try in 2015, ma­jor­ity of the states could not meet their fi­nan­cial obli­ga­tions, es­pe­cially to their em­ploy­ees.

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