The House of Representatives has threatened to issue warrant of arrest on agencies over their absence at the on-going investigation into the Anchor Borrowers Scheme and other policies of the federal government Agriculture Programs.
Chairman of the House Committee on Nutrition and Food Security, Hon. Chike Okafor and some other lawmakers while on an investigative hearing organised by the committee in Abuja expressed dismay over the absence of key invited agencies in the agriculture sector of the nation’s economy.
According to the Committee, some of the agencies that were invited and failed to honour the House Committee’s invitation are Bank of Industry BOI, Nigeria Agricultural Quarantine Service, NAQS, National Agricultural Land Development Authority NALDA, National Agricultural Seed Council and NISARL Micro-Finance Bank.
Delivering his opening remarks, Hon. Okafor stated that the investigation is not a which hunt rather it is to uncover the truth, identity systemic failures and ensure that funds budgeted for food security is judiciously used.
At the interactive session, the Central Bank of Nigeria CBN Governor, Olayemi Cardoso said they disbursed 1.21 trillions and 871billion among others
The CBN who was represented at the hearing by an acting Director in CBN testified that all the commercial banks in the country received funds from the federal government on the Anchor Borrowers Scheme of the previous administration.
The investigative hearing is to find out If these huge funds budgeted for food production are utilized in a judicious manner in order to ensure food security in the country.
FOOD SECURITY: Reps Committee Threatens Arrest Warrant on Agencies Head[Video]
The House of Representatives has threatened to issue warrant of arrest on agencies over their absence at the on-going investigation into the Anchor Borrowers Scheme and other policies of the federal government Agriculture Programs.
Chairman of the House Committee on Nutrition and Food Security, Hon. Chike Okafor and some other lawmakers while on an investigative hearing organised by the committee in Abuja expressed dismay over the absence of key invited agencies in the agriculture sector of the nation’s economy.
According to the Committee, some of the agencies that were invited and failed to honour the House Committee’s invitation are Bank of Industry BOI, Nigeria Agricultural Quarantine Service, NAQS, National Agricultural Land Development Authority NALDA, National Agricultural Seed Council and NISARL Micro-Finance Bank.
Delivering his opening remarks, Hon. Okafor stated that the investigation is not a which hunt rather it is to uncover the truth, identity systemic failures and ensure that funds budgeted for food security is judiciously used.
At the interactive session, the Central Bank of Nigeria CBN Governor, Olayemi Cardoso said they disbursed 1.21 trillions and 871billion among others
The CBN who was represented at the hearing by an acting Director in CBN testified that all the commercial banks in the country received funds from the federal government on the Anchor Borrowers Scheme of the previous administration.
The investigative hearing is to find out If these huge funds budgeted for food production are utilized in a judicious manner in order to ensure food security in the country.
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The House of Representatives has threatened to issue warrant of arrest on agencies over their absence at the on-going investigation into the Anchor Borrowers Scheme and other policies of the federal government Agriculture Programs.
Chairman of the House Committee on Nutrition and Food Security, Hon. Chike Okafor and some other lawmakers while on an investigative hearing organised by the committee in Abuja expressed dismay over the absence of key invited agencies in the agriculture sector of the nation’s economy.
According to the Committee, some of the agencies that were invited and failed to honour the House Committee’s invitation are Bank of Industry BOI, Nigeria Agricultural Quarantine Service, NAQS, National Agricultural Land Development Authority NALDA, National Agricultural Seed Council and NISARL Micro-Finance Bank.
Delivering his opening remarks, Hon. Okafor stated that the investigation is not a which hunt rather it is to uncover the truth, identity systemic failures and ensure that funds budgeted for food security is judiciously used.
At the interactive session, the Central Bank of Nigeria CBN Governor, Olayemi Cardoso said they disbursed 1.21 trillions and 871billion among others
The CBN who was represented at the hearing by an acting Director in CBN testified that all the commercial banks in the country received funds from the federal government on the Anchor Borrowers Scheme of the previous administration.
The investigative hearing is to find out If these huge funds budgeted for food production are utilized in a judicious manner in order to ensure food security in the country.
LEAVE A REPLY
The House of Representatives has threatened to issue warrant of arrest on agencies over their absence at the on-going investigation into the Anchor Borrowers Scheme and other policies of the federal government Agriculture Programs.
Chairman of the House Committee on Nutrition and Food Security, Hon. Chike Okafor and some other lawmakers while on an investigative hearing organised by the committee in Abuja expressed dismay over the absence of key invited agencies in the agriculture sector of the nation’s economy.
According to the Committee, some of the agencies that were invited and failed to honour the House Committee’s invitation are Bank of Industry BOI, Nigeria Agricultural Quarantine Service, NAQS, National Agricultural Land Development Authority NALDA, National Agricultural Seed Council and NISARL Micro-Finance Bank.
Delivering his opening remarks, Hon. Okafor stated that the investigation is not a which hunt rather it is to uncover the truth, identity systemic failures and ensure that funds budgeted for food security is judiciously used.
At the interactive session, the Central Bank of Nigeria CBN Governor, Olayemi Cardoso said they disbursed 1.21 trillions and 871billion among others
The CBN who was represented at the hearing by an acting Director in CBN testified that all the commercial banks in the country received funds from the federal government on the Anchor Borrowers Scheme of the previous administration.
The investigative hearing is to find out If these huge funds budgeted for food production are utilized in a judicious manner in order to ensure food security in the country.