OrderPaperToday – The House of Representatives has ordered the freezing of an account of the Hydrocarbon Pollution Remediation Project (HYPREP), the body charged with the clean up of Ogoni environment.
The said account is domiciled with Stanbic IBTC Bank Plc.
The House gave the directive following the adoption of report of its ad hoc committee investigating the implementation of the Treasury Single Account (TSA) policy of the federal government.
The committee chaired by Mr. Dambaran Nuhu (PDP, Kano) made twenty recommendations to the House, including the one on the HYPREP account. The ministry of environment is in charge of the clean-up exercise in Ogoni in the Niger Delta region.
The lawmakers said the account should be frozen and full investigation into its status conducted.
The House also charged the Ministry of Finance, Office of Accountant General of the Federation to commence full reconciliation to determine actual outstanding and defray all financial obligations due to TSA service providers (Systemspecs and collection bank).
The House further ordered the federal government to resolve the issues surrounding the €6.6million belonging to the Nigerian Port Authority (NPA) seized by the Economic and Financial Crimes Commission (EFCC), adding that the anti-graft agency should immediately remit the money into the Central Bank of Nigeria (CBN).
The green chamber also charged the Nigerian National Petroleum Corporation (NNPC) to disclose the full nature and status of its pension fund domiciled with Aso Savings and Loans PLC and Unity Bank.
The House also called for investigation into the financial arrangement between Industrial Training Fund (ITF) and Puzzle Technologies Limited.
However, the House called on the government to grant TSA waivers to ministries and departments which relate with international bodies, development bank and corporate entities.


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