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Auditor General Reports Financial Irregularities In MDAs

The Office of the Auditor-General of the Federation has presented a report to the National Assembly detailing what it called ‘massive fraud and financial irregularities … Continue reading Auditor General Reports Financial Irregularities In MDAs


NNPC Records $476.25m Crude Oil, Gas Export Receipts

Auditor-GeneralThe Office of the Auditor-General of the Federation has presented a report to the National Assembly detailing what it called ‘massive fraud and financial irregularities in the NNPC and government agencies’.

The Auditor-General of the Federation, Samuel Ukara, made the presentation while meeting with the clerk of the National Assembly and reporters on Monday in the Abuja, Nigeria’s capital.

The report detailed how payments amounting to 73 billion Naira was made from special funds to various government agencies.

One of such was the sum of 36.4 billion Naira meant for construction of dams, which was released to the Office of the National Security Adviser in 2014, instead of the Federal Ministry of Water Resources.

The report further disclosed that personal advances were granted to 112 staff from recurrent vote and 50 members of staff from general service vote totaling 1.1 billion Naira from July to December 2014.

In addition, 9.5 billion Naira worth of payments were made by the management of the National Assembly without raising payment vouchers, which is a violation of financial regulation.

Other agencies allegedly caught in the web of fraud by the Office of the Auditor-General of the Federation were the Police Service Commission, foreign mission, Nigeria Port Authority (NPA), Petroleum Equalisation Fund (PEF), Nigerian Prison Service‎ and Federal Airports Authority of Nigeria (FAAN).