The House of Representatives Public Accounts Committee, on Thursday, directed the Federal Ministry of Industry, Trade and Investments to refund N75bn allocated to it as COVID-19 intervention funds.
This was as the committee also ordered the Ministry of Health to return the N10bn released to it to produce COVID-19 vaccine.
The resolution was sequel to a motion moved by Bassey Akiba, a member of the Labour Party from Cross River State, following the non-appearance of officials of the ministry at its investigative hearing on Thursday.
The committee, in a recent advertorial, invited 59 ministries, departments and agencies to appear before it for the commencement of an investigative hearing on the alleged mismanagement of COVID-19 funds.
Originally slated for Wednesday, January 17, the House shifted it to Thursday in order to commiserate with the government and people of Oyo State over Tuesday’s explosion which rocked the state capital, Ibadan.
At the commencement of the sitting at the National Assembly, Akiba moved the motion to compel the ministry to refund the funds appropriated to it.
The committee adopted the motion after it was seconded and directed that the ministry refund the said funds to the coffers of the Federal Government.
In his earlier remark, the chairman of the committee, Bamidele Salam (PDP, Osun State), lamented that despite the series of invitations extended to the ministry, its officials failed to show up.
Salam said, “The Federal Ministry of Trade, Industries and Investments got the sum of N75bn as COVID-19 intervention funds. The Public Account Committee has sent invitations to the Ministry of Trade, Industries and Investments three times, and none of the invitations was honoured.