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NSITF paid N38bn to workers using unapproved salary structure — Senate panel

T
he Senate Committee on Public Accounts yesterday uncovered how officials of Nigerian Social Insurance Trust Fund spent N38bn on salaries for five years without approval by the federal government.
The committee, relying on a 2018 report by the Auditor-General for the Federation, said the NSITF implemented a salary structure not approved by the National Salaries, Income and Wages Commission between 2012 and 2017.
The audit report was submitted to the committee which is probing expenditures of federal government agencies.
The audit query reads: “Audit observed that the Fund had been implementing a salary structure that is not approved by the National Salaries, Income and Wages Commission. As a result, irregular payment of N 38,219,919,530.32 by way of personnel cost was made to the staff of the Fund from 2012 to 2017. ....

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NSITF paid N38b to workers using unapproved salary structure, audit finds

NSITF paid N38b to workers using unapproved salary structure, audit finds
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.

Matthew Urhoghide , Michael Akabogu , National Salaries Income , Nigerian Social Insurance Trust Fund , Wages Commission , Senate Public Accounts Committee On , Senate Public Accounts Committee , National Salaries , Managing Director , Senator Matthew Urhoghide , நைஜீரியன் சமூக காப்பீடு நம்பிக்கை நிதி , ஊதியங்கள் தரகு , செனட் பொது கணக்குகள் குழு ஆன் , செனட் பொது கணக்குகள் குழு , நிர்வகித்தல் இயக்குனர் ,

N62bn Fraud: NSITF Says New Management Not Under Probe

(AFRICAN EXAMINER) -The Nigerian Social Insurance Trust Fund (NSITF) says the new management of the fund is not under probe by the Public Accounts Committee of the Senate over alleged N62 billion fraud.
Ms Alexandra Mede, Deputy General Manager, Corporate Affairs, NSITF, said this in a statement on Thursday in Abuja.
Mede said that the clarification was necessary to correct the uninformed views in a section of the media.
According to her, what the Senate Public Accounts Committee is currently probing is the cumulative actions and inactions, financial malfeasance and infractions by two past management teams of the agency between 2013 and 2020. ....

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Press focuses on 146 ranking of Nigeria in Global Peace Index, others

Press focuses on 146 ranking of Nigeria in Global Peace Index, others
apanews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apanews.net Daily Mail and Mail on Sunday newspapers.

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Abandoned reports: National Assembly's long list of endless probes, loud hearings, dead results

Abandoned reports: National Assembly’s long list of endless probes, loud hearings, dead results
The Punch
Published 10 May 2021
SUNDAY ABORISADE and
LEKE BAIYEWU examine endless probes by both chambers of the National Assembly and observe that the investigations have produced few or no effects
Consecutively, Speaker of the House of Representatives, Femi Gbajabiamila, asked all ad hoc committees of the House to lay their reports by the end of April 2021. He made the announcement on April 20; reminded the concerned committees again on April 21.
Indeed, many probes have been pending – or even abandoned – by the various panels given the tasks. Yet, hardly does the House sit without resolving to carry out one investigation or the other. It is a similar case in the Senate. ....

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