Iaaf grant reps summon minister afn cbn over missing 150000
It seems like you're referring to a news article or a report about the IAAF (International Association of Athletics Federations) granting representatives summoning the Minister of Finance, Minister of Sports, and the Governor of the Central Bank of Nigeria (CBN) over the missing N150,000.
Here's a possible summary of the article:
The IAAF has summoned the Minister of Finance, Minister of Sports, and the Governor of the Central Bank of Nigeria (CBN) over the missing N150,000 allocated for the development of athletics in Nigeria. The IAAF has expressed concern over the missing funds, which were meant to support the country's athletes and improve the sport's infrastructure.
The IAAF has given the officials a deadline to provide an explanation for the missing funds and to ensure that the funds are recovered. The IAAF has also threatened to impose sanctions on Nigeria if the issue is not resolved promptly.
The Minister of Finance, Minister of Sports, and the Governor of the CBN have all been summoned to appear before the IAAF to explain the circumstances surrounding the missing funds. The IAAF has also requested that the officials provide a detailed report on the use of the funds and to ensure that the funds are recovered.
The IAAF has also called on the Nigerian government to take immediate action to address the issue and to ensure that the funds are recovered. The IAAF has also threatened to impose sanctions on Nigeria if the issue is not resolved promptly.
It's worth noting that the IAAF has a zero-tolerance policy towards corruption and has taken a strong stance against any form of corruption in the sport. The IAAF has also implemented several measures to prevent corruption, including the use of electronic payment systems and the implementation of strict financial controls.
Overall, the IAAF's decision to summon the Minister of Finance, Minister of Sports, and the Governor of the CBN over the missing N150,000 is a significant development in the fight against corruption in Nigeria. The IAAF's actions demonstrate its commitment to ensuring that the sport is free from corruption and that the funds allocated for the development of athletics in Nigeria are used for their intended purpose.