Reps summon Taiwo Oyedele and Accountant-General over N75bn UBEC debt

Author: dailypost.ngPublished on: October 17, 2026Country: Nigeria

Politics

Reps summon Taiwo Oyedele and Accountant-General over N75bn UBEC debt

Nigeria’s House of Representatives has summoned Finance Minister Taiwo Oyedele and Accountant-General of the Federation Shamseldeen Babatunde Ogunjimi over N75 billion borrowed from the Universal Basic Education Commission (UBEC). They are due to appear before the Public Accounts Committee on Thursday, October 22, to explain how and when the funds will be repaid. At a hearing in Abuja, committee deputy chairman Jeremiah Umaru criticized the diversion of public agencies’ funds to other obligations without clear repayment terms. Lawmakers are seeking a firm repayment timeline.

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