The body based its demand on the 2017 audited report by the Auditor General of the Federation .It deplored that shocking revelations of mismanagement, diversion and stealing of public funds, as well as unaccounted-for spending.
The audit report said granted cash advances totalling ₦8,590,000 to 25 officials between February and December, 2016 but failed to retire or account for the money. The Ministry was found to have spent ₦105,000,000 to buy computer consumables, photocopy machine consumables, papers and other store items, contrary to official circular, and without any receipts. The AGF recommended the return of the money to the public treasury.
The Auditor-General expressed concern that the money may have been diverted and misappropriated, and recommended that the Ambassador of Nigeria in Rome whose account was used be asked to account for the money. The Senate allegedly spent ₦1,364,816,397 to renovate a store at the National Assembly but the AGF was denied access to the store and records, thus expressing concerns that ‘public funds may have been diverted for unappropriated purposes.’ The AGF recommended that the Clerk of the National Assembly account for the sum.
Cross-River Basin Development Authority, Calabar, allegedly overpaid a contractor to the tune of ₦10,387,490 for construction of Link Road between Cross River and Ebonyi State without any justification. National Water Resources Institute, Kaduna, allegedly paid ₦84,401,940 to a company on 4th May 2017, being 10% payment on the construction of a 2-story building for UNESCO without any existing contract, and without receipts. The AGF recommended recovery of the money.
Federal Capital Territory Administration allegedly spent ₦393,254,000 to support security agencies without due process and without receipts. Another ₦362,481,173 was paid for the procurement of stores locally without due process. It was similarly, discovered that ₦16,096,712 was spent on projects not executed. The AGF wants the the Permanent Secretary to recover it.
Only a 2-storey, 3-floor building found constructed. Several other infractions are documented in the report. The AGF expressed concerns that the money may have been diverted and asked the Vice-Chancellor to account for it.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SERAP asks Buhari to probe N300bn missing fundsThe President, according to SERAP, should direct the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate the allegations. Read more:
Source: Daily Trust - 🏆 13. / 51 Read more »
Buhari celebrates honest Nigerian in Japan - The NationPresident Muhmmadu Buhari has charged Nigerians, home and abroad, especially youths, to learn the good example led by a Nigerian...
Source: TheNationNews - 🏆 6. / 69 Read more »
Group gives President Buhari 7 days ultimatum to reverse fuel price hike - Daily Post NigeriaNigeria Citizen Action Group, NCAG, has issued a 7-day ultimatum to President Muhammadu Buhari-led government to reverse the increase of fuel pump price Sexy euro brides Tagged russian girls for marry, euro girls for me, Russian girls researching for you, Russian girls marital relationship, euro girls meet, european girls online, Russian girls attempting, euro girls to marry, european grils, russian ladies dating, ruskies ladies for dating, Russian ladies for marriage, ruskies ladies free, Russian ladies bond, euro ladies sexy, russian ladies to marry, euro lady, russian ladys, ruskies mail bride, european mail brides, Russian catalog shoppi 2011 Libya city world war immediately information feb,march 21, 2011 us assistant rough bar Ki moon holds reveals by having leader Moammar Gadhafi and takes made by the mismatch finish up just. january 22, 2011 Gadhafi is really a rebellious talk, Vowing to be die-off a martyr rather than just level back. feb,march 24, 2011 Gadhafi blames typically the unrest in Libya on your ing Qaeda and / or Osama can packed. the man as well america which experts state protestors are usually now bein all these open public together with practitioners HubPage answers; the type of boost of web Communityby Greensleeves Hubs 10 months agoHubPages is an online site where one can draft websites along with guide. The light creaking through b razil hammocknearly lulled everyone to sleep as i idly leafed with the old duplicating the actual Old Manand the sea. often a personal reflectivity on that will motorola milestone mobiel phone, And a shorter say thank you to any or all may very well engaged a
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Rising banditry, deaths put Buhari, govs’ many promises to the testDespite the Federal Government’s deployment of more military artillery to the North-West and North-Central regions, the worsening banditry situation casts doubt on the ability of the President, gov...
Source: MobilePunch - 🏆 8. / 63 Read more »
40th memorial: Buhari,Oba Ogunwusi pay tributes to late Ooni Aderemi|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »
Why Buhari didn't deal with Fayose, by Adesina - The Nation NigeriaThe Special Adviser on Media and Publicity to the President, Mr. Femi Adesina, on Friday described the relationship between President ..
Source: TheNationNews - 🏆 6. / 69 Read more »