The House of Representatives is considering a bill to alter the 1999 Constitution for the creation of a special account into which all borrowed fund credits and grants to the Federal Government shall be paid.

Speaking on the rationale for the bill currently before the Committee on Constitution Review, the sponsor and member representing Darazo/Ganjuwa Federal Constituency, Bauchi State, Mansur Soro, said it was to encourage greater transparency in the utilisation of borrowed funds by dedicating a special account for it, and having full disclosure on the utilisation of the funds.

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