The House of Representatives has summoned the Minister of Finance, Taiwo Oyedele, and the Accountant-General of the Federation, AGF,  Shamseldeen Babatunde Ogunjimi, over N75 billion reportedly borrowed from the Universal Basic Education Commission, UBEC.

The two officials are expected to appear before the House Public Accounts Committee on Thursday, October 22, to explain how the money will be refunded.

The decision was taken at a hearing in Abuja on Friday after lawmakers questioned the withdrawal of funds belonging to government agencies to meet other obligations without clear repayment plans.

The committee, chaired by its Deputy Chairman, Jeremiah Umaru, said public funds meant for one agency should not be diverted to another purpose without proper conditions.