The Minister Of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government was servicing the loan on failed the $406m CCTV meant for Abuja.
Zainab disclosed this at the 2020 budget defence before the joint National Assembly commitee on Finance on Thursday in Abuja.
The committee however queried the project.
The Chairman of the committee, James Faleke, said, “Before this administration, we have collected some loans and the one that strikes me the most is the $460 million for CCTV installation in Abuja. I want to know the position of this loan.”
The minister in her defence said “We are servicing the loan; but on the project, we will have to ask the FCT authority because the project was deployed in the FCTA. I have no information on the status of the CCTV project.”
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