2017 Budget: Dalung Solicits Additional 23bn Naira For Ministry

Solomon Dalung, 2017 Budget, MinistryThe Minister of Youth and Sports, Mr Solomon Dalung, has appealed to the National Assembly to include about 23 billion Naira to the ministry’s 2017 budget.

He explained that the addition is for the shortfall of over 100,000 prospective corps members participating in the national youth service scheme in 2017.

Mr Dalung made the appeal during a budget defence session before the House Committee on Youth Development on Thursday in Abuja, Nigeria’s capital.

He revealed that some funds in 2016 were not appropriated, adding that it had a negative effect on the accomplishments of some major government programmes geared towards youth development.

The minister further sought for the support of the committee for extra funding for the ministry.

The Chairman of the House Committee, Adekola Segun, noted that the plea is one the committee identifies with.

In another development, the Auditor-General of the Federation, Anthony Ayine, appeared before the House Committee on Public Accounts to defend their 2017 budget proposal.

Mr Ayine stressed the need to fund the agency adequately in order to discharge its mandate of improving accountability in the 500 Ministries, Departments and Agencies of government.

He explained that while the office needs over 4.6 billion Naira for the year, only about 2.7 billion Naira has been allocated for the agency.

After much defence, the lawmakers agreed that the agency needed more funds.

The Deputy Chairman of the committee, Ibrahim Baba, pledged that the lawmakers would ensure that the agency was put on a first line charge.

Auditor General Reports Financial Irregularities In MDAs

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).

Buhari To Revisit NNPC’s ‘Missing’ 20bln Dollars

20billionNigeria’s President-elect, General Muhammadu Buhari, says that his administration would revisit the allegation made by the former CBN Governor, Sanusi Lamido, that about 20billion dollars oil revenue was not remitted into the federation account.

Retired General Buhari stated this while receiving delegates from Adamawa State.

The President-elect, who spoke in Hausa language at the meeting, said that 20billion dollars is too huge a sum to ignore and must be investigated.

Retired General Buhari also said that the All Progressives Congress, APC, has drawn up a road map to address the issues of insecurity, youth unemployment and corruption in the country.

Sanusi had told the Senate Committee probing the allegation of unremitted funds, that the NNPC shipped 67billion dollars in crude and only 47 billion dollars had come back to the Federation.

The then CBN Governor insisted that the NNPC had to proof where the 20billion dollars was.

The Nigerian National Petroleum Corporation, NNPC, at the time dismissed the allegation, calling it baseless.

A forensic audit was also conducted by PriceWaterhouseCoopers (PWC) on the alleged missing 20billion dollars, the report of which the Group Managing Director of the NNPC said did not indict the corporation in anyway.

Missing $20b: Reps Issues FG One Week Ultimatum To Submit Forensic Audit Report

missing $20bnThe House of Representatives Committee on Public Accounts has given the Coordinating Minister of the Economy, Dr Ngozi Okonjo Iweala, and the Auditor General of the Federation, Mr Samuel Tokura, a one week ultimatum to forward the report of forensic audit on the alleged missing $20bn oil funds by the PricewaterhouseCoopers (PWC ) to the house or risk sanctions.

Chairman of the Committee, Solomon Adeola said this in the National Assembly, while speaking with journalists.

The lawmaker said despite several demands made to the executive and a resolution of the House passed demanding the full report of the forensic audit, the report has not been given to the legislature.

The House of Representatives had earlier asked the Presidency to tender the full report of the forensic audit conducted by PriceWaterhouseCoopers (PWC) on the alleged missing $20bn NNPC fund.

A motion raised by Femi Gbajabiamila said that more than eight months after the Federal Government engaged the international audit firm, and over two weeks after formal presentation of the forensic report, the Federal Government is yet to present the full details.

House directs NAFDAC to refund N1.2 billion

The House of Representatives committee on public accounts has directed the National Agency for Food Drugs Administration and Control (NAFDAC) to refund 1.259billion naira to government coffers within six months.

The committee chairman, Rep. Solomon Olamilekan, gave this directive after the agency failed to address an audit query raised by the Auditor General of the Federation’s (AGF) office accusing the agency of refusing to remit a total amount of N1.348 billion to the consolidated revenue accounts of the federation.

The committee also directed the office of the AGF, to immediately embark on a full scale auditing of the revenue profile of the agency and its expenditure from 2006 to 2011.