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Federal Government Begins Investigation Over Stolen N2.67bn School Feeding Fund




The Federal Government of Nigeria has kick-started a probe into how N2.67 billion disbursed for meal subsidies in the 104 Unity Schools during COVID-19 found its way into private accounts.

Naija News recalls that the chairman of the ICPC, Prof. Bolaji Owasanoye, on Monday 28th of October 2020 gave the revelation at the Presidency in Abuja that large sums of money had been diverted and found in the bank accounts of some government employees.

Professor Bolaji said it was understood that the Treasury Single Account (TSA), general fund system was being set up to monitor and disburse funds. Yet a portion of that money was diverted, so they were investigating the matter.

Meanwhile, the Federal Ministry of Education revealed that  it would collaborate with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in an investigation into how N2.67 billion distributed.


Source: Naija News

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