NLC, ICPC to Monitor Bailout Funds

Fri, Sep 18, 2015
By publisher
1 MIN READ

Political Briefs

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THE Nigeria Labour Congress, NLC, has promised to partner with the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to monitor the disbursement and use of the N338 billion bailout funds given to 27 states.

Ayuba Wabba, president of the NLC, disclosed this in a statement in Abuja, on Thursday, September 17. Consequently, Wabba said he had directed councils in the benefiting states to be on the alert.

The congress praised the ICPC for the initiative. Wabba said the congress was in agreement with the commission that the painful days of the public “running after funds after appropriation” were over.

It also commended the anti-graft commission for ensuring the return of about N1 billion being public funds criminally diverted by some corrupt officials of the federal ministry of environment and the federal pay office.

The NLC boss, therefore, urged the relevant ministries and agencies of government to “ensure that the recovered looted funds were properly channelled to the activities they are meant for.”

— Sep 28, 2015 @ 01:00 GMT

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