Skip to main content

Senate Probes N330b Amnesty Fund

The Senate on Thursday launched investigation into activities of the Presidential Amnesty programmes with the aim of ascertaining how the N330 billion accumulated budget of the programme was spent.





The upper chamber said the investigation became necessary following reports that despite huge sums of funds allocated to the programmes to cater for ex-militants, militancy in the Niger Delta region is on the increase.
Findings showed that since the inception of the amnesty programme in 2009, over N330 billion had been budgeted for the programme.

At least N65 billion was voted for the programme in 2016.

The Senate therefore is suspecting funds mismanagement  by the programme handlers.

Senate President, Bukola Saraki, who inaugurated the investigative hearing, said the Amnesty programme was created by the late President Umaru Musa Yar’Adua to curb restiveness in the Niger Delta region.

He said seven years down the line “we should ask ourselves whether the objectives of the programme have been achieved.”

Comments

Popular posts from this blog

US Demands Immediate End To South Sudan Fighting

The United States demanded an immediate end to renewed fighting in the capital of South Sudan on Sunday, ordering all non-essential personnel out of the troubled country. "The United States strongly condemns the latest outbreak of fighting in Juba today between forces aligned with President Salva Kiir Mayardit and those aligned with First Vice President Riek Machar Teny, including reports we have that civilian sites may have been attacked," State Department spokesman John Kirby said in a statement.

Canada Police Thwart Potential Attack,Suspect Shot Dead

Canadian police shot dead an alleged Islamic State sympathizer who was about to activate an explosive device in Ontario late on Wednesday, media reports said as police confirmed thwarting a “potential terror threat”. There was no immediate confirmation from Canada’s federal police that anyone had been shot, with a statement saying only that a suspect had been identified and that they had taken “action” after receiving “credible information” about a potential attack. “Earlier today, the RCMP received credible information of a potential terrorist threat. A suspect was identified and the proper course of action has been taken to ensure that there is no danger to the public’s safety,” the Royal Canadian Mounted Police (RCMP) said in a statement. They did not say where the incident took place. Media reports said the suspect was a 24-year-old man who had been arrested in 2015 for expressing support for the Islamic State group in postings on social media. He had been released in February ...

Lafarge Africa Posts N30bn Drop In Half-Year Profit

Lafarge Africa Plc, a leading cement and building solutions provider, yesterday announced a loss of N30.1 billion for the half year ended June 30, 2016, compared with a profit after tax of N27.3billion in the corresponding period of 2014.