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N500b unclaimed funds abandoned in TETFUND β€” House of Reps Committee

The House of Representatives Committee on TETFUND and other Services has disclosed that more than five hundred billion naira allocated to various benefitting institutions have remained unclaimed with the Fund.

This disclosure was made by the Chairman of the Committee, Miriam Odinakachukwu Onuoha when she led lawmakers on a courtesy call to the Abia State Governor, Alex Otti in Umuahia.

Onuoha explained that the House has created a separate Standing Committee on TETFUND to ensure better accountability and for judicious utilization of the amounts released.

She said the House has relaxed some of the stringent conditions causing the delay, providing an opportunity for the committee to speak with benefitting institutions

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