The Punch
House of Reps to question DMO and TCN over N54.57tn borrowing
The House of Representatives Public Accounts Committee will summon officials from the Debt Management Office and Transmission Company of Nigeria regarding alleged excess borrowing and unrecovered debt.
Officials from the Debt Management Office and Transmission Company of Nigeria are expected to appear before a legislative committee on Monday and Tuesday. The inquiry focuses on an alleged N54.57trn in excessive borrowing and N446.7bn in outstanding debt.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.