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By Deji Elumoye and Udora Orizu The Senate Committee on Public Accounts yesterday threatened to issue warrant of arrest against the Permanent Secretary of the Federal Ministry of Foreign Affairs, Mr. Gabriel Adudua, for failing to appear before it over the investigation of N4.3 billion hidden vouchers by the ministry. The committee relied on the 2017 report of the Office of the Auditor General of the Federation (AuGF) which revealed that a total of 289 vouchers under capital expenditure and 453 vouchers under overhead expenditure in the sum of N3.05 billion and N1.3 billion respectively, were...

The Senate Committee on Public Account has accused the Ministry of Solid Minerals of alleged non-remittance of N2 billion into the Federation Account. This is just as the committee, chaired by Senator Mathew Uhroghide, also uncovered how the Nigerian National Petroleum Corporation (NNPC) allegedly spent N966 billion to repair pipeline between 2010 and 2015, as contained in the report of query by the Auditor General of the Federation (AuGF) over alleged unremitted N4 trillion by NNPC into the Federation Account. From records presented for audit, it was noted that the sum of N2,838,351,664.97 w...

Deji Elumoye and Udora Orizu in Abuja The Senate Committee on Public Account has accused the Ministry of Solid Minerals of alleged non-remittance of N2 billion into the Federation Account. This is just as the committee, chaired by Senator Mathew Uhroghide, also uncovered how the Nigerian National Petroleum Corporation (NNPC) allegedly spent N966 billion to repair pipeline between 2010 and 2015, as contained in the report of query by the Auditor General of the Federation (AuGF) over alleged unremitted N4 trillion by NNPC into the Federation Account. From records presented for audit, it was not...

By John Terhemen Ikyaave Nigeria’s Financial Regulation stipulates that government agencies must prepare and submit their annual audited accounts and management reports to the Auditor General of the Federation (AuGF) not later than 31st May, of the following year. When chief executives of public institutions prioritise accountability and transparency in the management of public assets in compliance with regulatory provisions, they do not only help to build stakeholder-wide trust, they also engender growth and spur national development. In a recent report by the former Auditor General for th...

The Senate has confirmed the appointment of Mr. Adolphus Aghughu as the Auditor-General of the Federation (AuGF).