Sunday, July 5, 2009

EVENING UPDATES: 65% of Nigeria’s annual budgets missing -Bankole

The Speaker of the House of Representatives, Mr. Dimeji Bankole, has said that about 65 per cent of Nigeria’s annual budgets cannot neither be accounted for nor traced.Empowered Newswire reports that Bankole made the revelation in Las Vegas, Nevada, United States on Saturday at a question and answer session at the annual reunion of US-based Nigerians. The programme draws several young US-based Nigerians together from all walks of life. Bankole blamed the Nigerian civil service for the phenomenon, saying that the House of Representatives has been unsuccessfully “asking questions about these funds and requesting that unspent funds and funds that cannot be accounted for be returned to the Federal Government.”
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