Senators today engaged in a heated debate over the proposed audit of over 23 Trillion Naira Ways and Means loans obtained by the Government of Former President Muhammadu Buhari.

The Ways and Means refers to the emergency loans obtained by the Federal Government from the Central Bank Of Nigeria.

Lawmaker representing Borno South Ali Ndume insisted that the 9th Senate had acted illegally by allowing funds drawn from CBN, and already expended to be brought to the parliament for approval.

Earlier, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun announced plans to audit the funds.

February 20, 2024

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