How Petroleum Ministry Under Timipre Sylva Spends N116m On Letterhead, Pens, Other

Members of the Senate Public Accounts Committee expressed shock on Thursday when the report of the Auditor General for the Federation revealed that officials of the Federal Ministry of Petroleum Resources spent N116m to buy biros, letterhead and toners in one year.

The breakdown of the expenditure showed that the ministry spent N14.5m to purchase Schneider biros, N46m to print the ministry’s letterhead and N56m to procure toner for its photocopy machines.

The AuGF stated this in his 2015 audit report currently being scrutinised by the Senate committee led by Senator Mathew Urhoghide.

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The query by the Office of the AuGF reads, “The contract for the supply of Schneider biros worth N14.5m was split into smaller packages of less than N5m each and was awarded to four different companies in order to circumvent the permanent secretary’s approval threshold of N5m.


http://worldtopnewsng.com/how-petroleum-ministry-under-timipre-sylva-spends-n116m-on-letterhead-pens-other/

Timipre sylva...fear dis guy.the helicopter guy.