Technocrat Media Nigeria
ABUJA – The Minister of Finance and National Planning, Zainab Ahmed has revealed that the federal government has been borrowing from recovered loots to fund the national budget.
The minister also revealed that the government has not been able to repay back the loans taken so far.
She made this disclosure while appearing before the House of Representatives committee investigation recovered loots on Thursday in Abuja.
Mrs Ahmed had appeared alongside the Accountant General of the federation, Ahmed Idris.
However, the amount that had been recovered and borrowed were not disclosed.
The Sultan of Sokoto on Wednesday had challenged Buhari government to tell Nigerians the whereabouts of the recovered looted fund.
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