• Contact Us
  • About Us
Sunday, August 16, 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

Erling Haaland Stickers Found On Cocaine Haul Seized By Ecuador Police

Two Soldiers Killed After Army Apache Helicopter Crashed In Texas

Again, Adeleke Accuses Oyetola Of Using Federal Might To Intimidate Osun Voters

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

Erling Haaland Stickers Found On Cocaine Haul Seized By Ecuador Police
News

Erling Haaland Stickers Found On Cocaine Haul Seized By Ecuador Police

August 13, 2026
Two Soldiers Killed After Army Apache Helicopter Crashed In Texas
Breaking

Two Soldiers Killed After Army Apache Helicopter Crashed In Texas

August 13, 2026
Again, Adeleke Accuses Oyetola Of Using Federal Might To Intimidate Osun Voters
News

Again, Adeleke Accuses Oyetola Of Using Federal Might To Intimidate Osun Voters

August 11, 2026
Fresh Economic shutdown As NLC, TUC Declare Nationwide Strike
News

TUC Backs Aviation Strike, Demands Action On Insecurity, Economy

August 11, 2026
Next Post

Election: MAN seeks more focus on economy, manufacturing sector

ICPC Arrests NSCDC Deputy Commaandant Over Alleged N3bn Fraud

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

August 13, 2026

Cholera spreads across borders in West and Central Africa

August 13, 2026
Erling Haaland Stickers Found On Cocaine Haul Seized By Ecuador Police

Erling Haaland Stickers Found On Cocaine Haul Seized By Ecuador Police

August 13, 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