• Contact Us
  • About Us
Friday, February 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Dogara wades into $100m World Bank project controversy

metro by metro
January 29, 2019
in News
0
0
SHARES
0
VIEWS
Yakubu Dogara
Yakubu Dogara

Speaker of the House of Representatives, Mr Yakubu Dogara, has directed the Chairman, House Committee on Rules and Business, Rep. Edward Pwajok, to find out what has become of the ad hoc committee investigating the Growth and Employment (GEM) Project.

The project, according to the speaker, has not been fully implemented since 2013.

Read Also

US House Passes Bill To Require Proof Of US citizenship For Midterm Voters

NNPP  Rejects US’ Move To Blacklist Kwankwaso, Alleges Hypocrisy 

EFCC Witness Accuses Banks Of Causing Scarcity Of 2022 Redesigned Naira Notes Through Hoarding

Also to join Pwajok in finding out what happened to the project is the acting Clerk of the House, Mr Patrick Giwa.

The Speaker’s directive was sequel to a motion of privilege at Tuesday’s plenary by Rep. Mark Terseer Gbillah (PDP-Benue).

Gbilah raised concerns over the inability of the joint committee to deliver on its mandate.

Some lawmakers had on Monday in media reports raised alarm over alleged plans by the Minister of Finance and Ministry of Industry, Trade and Investment, to return the unspent 100 million dollars to the World Bank.

According to the report, the Minister of Industry, Trade and Investment Chief Emeka Enelamah is to return the money meant for the GEM project, following failures to implement it since 2013.

Coming under matters of privilege, Gbillah submitted that his privilege was breached by the report carried by some papers considering the fact that he was the sponsor of the motion that led to the constitution of the ad hoc committee.

He reminded the Speaker that according to the House standing rules, any committee that fails to conclude on a referral after six months must be relieve of the referral which should be reassigned to another committee.

“It is hoped that the provision of the House rules will be upheld in the light of the impending return of the fund to the World Bank in March 2019,” he said.

While ruling on the matter, Dogara directed the clerk and chairman of rules and business committee to look into the matter and advise the House on the next move.

NAN reports that the GEM is an employment project financed by the World Bank and the UK Department For International Development (DFID), with an initial loan of 160 million dollars from World Bank and 890 million pounds grant from Britain.

The GEM project, which was approved by the National Assembly in 2013, was to run for a period of five years from 2013 to 2018 and 4000 Small, Medium Enterprises were to benefit from it, but the Ministry of Industry, Trade and Investment made attempts to convert it to a Small and Medium Enterprises Fund, where only 25 companies would benefit from it.

Tags: World Bank project controversyYakubu Dogara
Previous Post

Strike: ASUU threatens to sanction uncooperative Vice-Chancellors

Next Post

Election: MAN seeks more focus on economy, manufacturing sector

Related Posts

News

US House Passes Bill To Require Proof Of US citizenship For Midterm Voters

February 12, 2026
No Defection Talks With APC, Kwankwaso Camp Insists
News

NNPP  Rejects US’ Move To Blacklist Kwankwaso, Alleges Hypocrisy 

February 12, 2026
EFCC Bans Sting Operations At Night
News

EFCC Witness Accuses Banks Of Causing Scarcity Of 2022 Redesigned Naira Notes Through Hoarding

February 11, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Oil Set For First Weekly Decline In Seven Weeks Ahead Of US-Iran Talks 

February 6, 2026
Next Post

Election: MAN seeks more focus on economy, manufacturing sector

New era of climate cooperation can deliver stability in an unstable world: UN Climate Change Executive Secretary

February 12, 2026
FTS: Concerns Over Kogi ‘Budget Paradox’ Amid Rising Enviromental, Social Risks

FTS:Apprehension In Kogi Communities As Armed Herdsmen Attack Residents, LGAs Impose Curfew

February 12, 2026

Sage Intacct Introduces Intelligent AI-driven Automation for mid-sized businesses in Kenya

February 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version