Deji Elumoye in Abuja
The Senate Public Accounts Committee has sustained the query of Office Auditor General of Federation (AuGF) over the failure of the Federal Radio Corporation of Nigerian (FRCN) to recover over N180 million advert debts.
Chairman of the Committee, Senator Mathew Urhoghide, sustained the query following the inability of the corporation’s Director-General, Mr. Mansur Liman, to explain what happened to the outstanding advertising debts to the committee.
The query reads: ” Financial records maintained at Ibadan zonal office (FRCN Ibadan) revealed huge unrecovered advert debts of N120,099,666.88 (One hundred and twenty million, ninety-nine thousand, six hundred and sixty-six naira, eighty-eight kobo) owed to the corporation as of December 2016, as a result of services rendered on credit to some companies by the zonal office, contrary to the provisions of Financial Regulations 224 and 230 (2009) which stipulates that all services rendered by government must be p
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