Reps say WAEC
has case to answer
on november 03, 2014 at 8:49 am in news
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A WAEC supervisor during exams
By Emman Ovuakporie & Levinus Nwabughiogu
ABUJA — THE House of Representatives
Committee on Public Accounts, weekend, accused
the West African Examination Council, WAEC, over
misapplication of several billions of naira.
The council, which receives annual budget worth
several billions of naira, failed to remit its revenue
generated to Federal Government since inception as
provided by extant laws.
The committee also alleged that the council failed to
provide update of its audited accounts to the
Auditor-General of the Federation and relevant
committees of the National Assembly.
To this end, the House Committee resolved to
investigate the financial status, assets and
expenditure of the council to ensure accountability
and transparency in the management of public
funds.
Solomon Adeola, chairman, House Committee on
Public Account, who presided over the investigative
public hearing, expressed displeasure over the
failure of some of the 262 Ministries, Departments
and Agencies, MDAs, to provide their audited
accounts to the office of the Auditor-General of the
Federation from inception.
Adeola said: “The attitudinal behaviour you, WAEC,
have exhibited over the years does not portray the
kind of institution Nigerians expect of WAEC. Is it the
monumental fraud, or lack of records, or financial
Improprieties that have taken place in the
institution?
“I was not taken aback when I found your name on
that list (of Auditor-General). I was not surprised. It
is expected.
“Sir, if you know the amount of fraud accruing to
WAEC day in, day out; year in, year out and all that
WAEC can tell Nigerians is that they only submitted
their audited account up to 2010? And as a result of
our insistence that made them rush down with 2011
and 2012 while 2013 is still awaiting the signature
of the Council.
“Aside from that, WAEC, all money accruing to you,
you don’t report anything to the Federal
Government, yet you still collect subventions like
others. Money accruing to WAEC going to several
billions of naira, and that same institution does not
render account as at when due, even when state
governments now pick up your bills for all schools?
I’m not surprised.
“You are an endangered species and we need to
take care of you specially. So, it’s a special
investigation to be conducted on WAEC.
“This committee is going to be investigating WAEC
for 2011, 2012 and 2013. We’re not insinuating
anything, but it’s only fair and proper that an
institution like WAEC that is generating much
revenue annually must account for how that
revenue is spent.
“I know that a whole lot of activities including
contracts are being awarded by WAEC. We want to
know how much is generated by the sale of forms
and how much subvention is paid to the
headquarters in Accra as well as other
expenditures.”

Still Nigeria, ain't surprised
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. One hectare of land for sale
Still cheap cos it's not on front page yet.