Skip to main content

Falana Writes Central Bank Of Nigeria, Demands Beneficiaries Of N338.6bn COVID-19 Intervention Fund

Human rights lawyer, Femi Falana (SAN), has written a letter to the Central Bank of Nigeria, demanding detailed information on how the N338.6bn COVID-19 fund was spent.

Falana made the request in a letter dated August 17, 2020.


The letter reads, “Our attention has been drawn to an online report relating to the disbursement of the sum of the sum of N338.66bn as Coronavirus (COVID-19) intervention fund to beneficiaries across Nigerian states.

“Since the report did not capture the details of persons who benefitted from the disbursement of the funds, we hereby request in line with Section 1 of the Freedom of Information Act that you avail us with the details of the disbursement.

“Having made this application in line with the Freedom of Information Act, you are requested to provide the said information within seven days of the receipt of this letter failing which shall not hesitate to commence a legal action against you.”

The CBN in a letter dated 26 August, 2020, however, requested for time to provide him with the information he asked for.

The CBN’s response to Falana’s letter was signed by Director of Corporate Secretariat/slSecretary to the Board, John Onojah.

“We refer to your letter dated 17th August, 2020 on the above matter and wish to inform you that the request is being processed and we will revert to you as soon as possible,” the apex bank said.
 

Economy

News

AddThis

: 

Disable advertisements

: 

from 24HRSNEWS
via 24HRSNEWS



from EDUPEDIA247https://ift.tt/31ygCWA
via EDUPEDIA

Comments

Post a Comment

Popular posts from this blog

Dust haze weather to prevail on Thursday, December 27

- The Nigerian Meteorological agency (NiMet) predicts thick dust haze weather conditions over most parts of the country - NiMet predicts northern states would experience dust haze - The agency also predicts early morning mist/fog is expected over the coastal cities The Nigerian Meteorological Agency (NiMet) has predicted thick dust haze weather conditions with reduced visibility over most parts of the country on Thursday, December 27. NiMet’s Weather Outlook on Wednesday, December 26, in Abuja, revealed that the central region of the country would record dust haze condition with visibility range of two to five kilometres throughout the day. It added that day and night temperatures of 27 degrees Celsius to 34 degrees Celsius and 10 degrees Celsius to 20 degrees Celsius, respectively, would prevail over the region. READ ALSO: Police reportedly arrest Badeh’s alleged killers The agency predicted that the northern states would experience dust haze with visibility range of two to fi...
Post a Comment
Read more

N2.5bn Fraud: You Have Case To Answer, Appeal Court Tells Suspended NBC Boss, Kawu

The Director General of the National Broadcasting Commission, NBC, Ishaq Kawu. The Court of Appeal, sitting in Abuja, has dismissed an appeal filed by the suspended Director-General of the National Broadcasting Commission, Dr Moddibbo Kawu, challenging the decision of the Federal High Court, to dismiss the no-case submission he filed at the lower court. The Independent Corrupt Practices and Other Related Offences Commission had charged Kawu, Lucky Omoluwa (late Chairman of Pinnacle Communications Ltd) and Dipo Onifade, Chief Operating Officer of the same company, before Justice Folashade Ogunbanjo-Giwa, on a 12-count charge of money laundering. Is'haq Modibbo Kaw THISDAYLIVE The suspended NBC boss and his co-accused then approached the appellate court to reverse the judgment of the Federal High Court. The appellate dismissed the no-case submission filed by Kawu and his co-accused and held that they had an explanation to give when he elected to facilitate the payment of ...
Post a Comment
Read more

Buhari’s Legacy Of Recessions By Fredrick Nwabufo

Fredrick Nwabufo ‘Why always Buhari?’ As it was in 1984 under General Buhari, so it is in 2016 and 2020 under President Buhari? Is it by the unfortunate hands of kismet that recession hits Nigeria every time Buhari takes charge of the country’s affairs? If the recession of the 80s under Buhari was a conspiracy by economic and political factors, to what do we attribute that of his first coming as a civilian President — and now in his second coming? Why does pestilence scourge the land, hunger ravage the population and lives lost malevolently when Buhari presides over the country? Why always Buhari? Buhari’s undoing is his wonted predilection for hierarchising ethnicity, religion and loyalty above competence. Since 1999, no President has obtrusively shown a more nepotistic aspect than Buhari. It is unarguable that the President arrays the most competence-challenged cabinet ever in the chronicle of governance in Nigeria. Yes, a recession cabinet. Fredrick Nwabufo Here is a cabin...
Post a Comment
Read more