The disclosure followed a question by the Chairman of the Committee, James Faleke on the status of the loans given to states to bail them out.
Mrs. Ahmed in her response said, “The states, from September have started repaying the bailout, it’s a loan.”
Speaking further on companies bailed out, he noted that the “institutions are under Asset Management Corporation of Nigeria, AMCON, currently AMCON is stressed, the assets bought by AMCON are not repaying back.”
“There is repetition of similar items, how are we sure they are buying the furniture annually? In National Assembly, we are not buying furniture annually. Most of the people we had here defending their budget said that is the template. You need to look into it,” Faleke said.