Senate yesterday said the management of Nigeria Social Insurance Trust Fund (NSITF) has, within a period of four years, mismanaged about N84 billion.
The Senate Public Accounts Committee has declared that its investigations so far revealed that civil servants are more corrupt than the political class.
Like the Senate, last Friday in Abuja concluded public hearings on the proposed amendment to the 1999 Constitution and the House of Representative’s rounds off its own exercise, this week, at least a sum of N5 billion may have been sunk into five different attempts at altering the document.
Former Deputy President of the Senate, Chief Ike Ekweremadu, has expressed the need for Nigerians to use the opportunity of the constitution review to put a provision in Section 9 on how to amend the constitution and consequently bring about a new one.
No fewer than 40 out of the 48 bills so far passed by the Ahmad Lawan-led 9th Senate are awaiting either the presidential assent or the House of Representatives’ concurrence, PUNCH revealed.
A bill seeking to create a database for cows is currently being considered on the floor of the senate.
The Senate Committee on Public Accounts has again summoned the Nigerian National Petroleum Corporation over non-remittance of N4.07trn revenue to the federation account between 2010 and 2016.