AT least four Nigerian ministries and their agencies could not account for N377 billion and over $100,000, the government's 2019 audit has revealed.

Infractions uncovered by the audit include unspent balances on capital votes not returned to the government coffers, payments for foreign travels without evidence of approvals, and payments made without vouchers.

There are also advances not retired, granted advances above statutory limit, irregularities in the award of contracts, payment of unapproved allowances, and payments made for contracts not executed.

Others are: unremitted internally-generated revenues, funds misappropriation/misapplication, payment vouchers not presented for examination, taxes not deducted and taxes not remitted.

Auditor-General for the Federation  Adolphus Aghughu signed the audit report titled: 'Auditor-General for the Federation's Annual Report on Non-compliance/Internal Control Weaknesses Issues in Ministries, Departments and Agencies (MDAs) of the Federal Government of Nigeria for the Year Ended 31 December 2019.'

The audit observed that N5.17 billion was the advances not retired in 23 MDAs during the year.

The House of Representatives has the highest advances not retired, amounting to N2.9 billion, while the Nigeria Ports Authority has the least amount of N17,000.00.

The audit observed that N6.18 billion was the unspent balances on capital votes not returned by four MDAs.

Anambra-Imo River Basin Development Authority, Owerri, has the highest amount of N2.5 billion in this area, while the Veterinary Council of Nigeria has the least amount of N36 million. 


READ MORE HERE: https://www.icirnigeria.org/heads-of-nigerian-mdas-cant-account-for-n377bn-100000-2019-audit/

Im not sure I'm surprise

what else do u expect from a dullard sitting president,and his mighty thieves counterparts