The House of Representatives Ad Hoc Committee has intensified its investigation into the ₦1.3 billion budget allocation for the Presidential Economic Advisory Council, with the Budget Office defending the expenditure before lawmakers.
At the hearing, committee members requested detailed explanations on the purpose of the allocation and the procedures followed in approving the funds. They emphasized the need for openness and accountability in the management of public finances, noting that every budgetary provision must be backed by proper documentation.
Officials from the Budget Office maintained that the allocation was included in the approved national budget and complied with existing financial regulations. They assured the committee of their willingness to provide all relevant records to aid the investigation.
The committee reaffirmed its commitment to conducting a thorough and transparent probe, stating that its findings would help strengthen public confidence in the country's budgeting process. More government officials and stakeholders are expected to appear before the panel as the investigation continues.
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