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Title : It's a takeover! Osinbajo is reviewing the budget, as EFCC takes over NIA bank accounts
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It's a takeover! Osinbajo is reviewing the budget, as EFCC takes over NIA bank accounts

Presidency says acting President is reviewing the 2017 budget

The presidency has said that acting President Yemi Osinbajo is reviewing the 2017 budget.

This was revealed by Osinbajo’s Senior Special Assistant on Media and Publicity, Laolu Akande.
The National Assembly, on Thursday, May 11, 2017, passed the 2017 appropriation bill.

Akande, in a tweet said “Ag President Osinbajo presiding over Economic Mgt Team reviewing major issues, 2017 budget & others. In attendance are ministers & CBN gov.”

“Specifically regarding 2017 budget, funding issues tabled today @ EMT so implementation is seemless once appropriation bill is assented,” he added.

Acting President Yemi Osinbajo will be in charge of running the country till President Buhari returns from his medical trip.

EFCC reportedly takes over NIA's bank accounts:

The Economic and Financial Crimes Commission (EFCC) has reportedly taken over bank accounts operated the National Intelligence Agency (NIA).

The EFCC was said to have taken charge of the accounts on Friday, May 12.

This is the latest in a string of measures against the NIA following the discovery of  N13 billion in a Lagos apartment in April this year.

The NIA had laid claim to the cash haul - $43.5 million, £27,800 and N23.2 million hidden inside Apartment 7B at Osborne Towers, Ikoyi.

According to Premium Times, which cited security sources, EFCC operatives on Friday compelled the NIA director of Finance and Administration to hand over the agency's accounts to an army officer attached to the Office of the National Security Adviser.

The report said the EFCC designated Jaafaru Mohammed, a brigadier general in the Nigerian Army, to assume the position of the Director of Finance of the NIA and commence a holistic audit of the agency’s finances.

The action is believed to be as a result of a week-long interrogation of four senior officials of the NIA by EFCC detectives.

It was gathered that the NSA had twice tried to impose Mohammed on the NIA as its new Director of Finance but officials of the agency rejected him.

The EFCC was said to have invited the senior officials from NIA's account department following Mohammed's rejection.

The EFCC on Friday reportedly detained the  NIA’s Director of Finance and Administration for several hours.

The anti-graft agency later took him back to the NIA Headquarters where he was compelled to hand over to Mohammed, the report said.

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