Markets

Reps Summon Niyi Adebayo over unauthoried spending by NIPC

The Public Account Committee of the House of Representatives has summoned the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, to appear before it to explain why he authorised the Nigeria Investment Promotion Commission (NIPC) to spend its internally generated revenue (IGR) without appropriation from the National Assembly. Under the Nigerian law, spending without appropriation is…
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