The Senate Committee on Environment, yesterday, said it had discovered some N16 billion included in the 2022 budget of the Ministry of Environment for servicing of debts believed to have been collected by state governments.
Chairman of the panel, Senator Ike Ekweremadu, made the revelation during the presentation of his committee’s report before the Senate Committee on Appropriation in Abuja.
He claimed that about N6 billion was also added to the ministry’s 2021 budget, for which it was queried by the committee, stating, “only for it to be brought back in next year’s budget, this time to the tune of N16 billion.”
Ekweremadu explained that the loan was exclusively approved by a global institution for the state governments with a moratorium of 10 years.
He wondered why the ministry kept reflecting the facility in every budget cycle.
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