CAC Registrar-General Denies Alleged Embezzlement Of N6.5bn

“The total arrears would have been over N560million if the financial benefit was to start from 1st January, 2019.”H e also commented on the stoppage of staff loans, saying since the introduction of Treasury Single Account , the Commission did not have a separate Revolving Loan Account as was the case in the past.

“The Commission has just created a Revolving Loan Account pursuant to the approval of the Board and the budgeted sum will be credited into the account as cash flow permits,” the statement explained. Commenting on the allegation of stoppage of all welfare proposals, the statement said the management of CAC does not have the power to increase staff salaries and allowances without the approval of the Board and in consultation with the National Salaries, Wages and Income Commission.

On the allegation of staff victimisation/transfer, Ukaga explained that “Transfers are routine matters in the Commission as enshrined in the staff condition of service, in the course of duty a staff may be posted to any of the Commission’s offices around the country.

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