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Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others - Politics - Nairaland

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Court Stops Buhari, CBN, Others From Suspending Currency Swap Policy / Buhari Appoints Aghughu Adolphus As The Auditor-general Of The Federation / Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers (2) (3) (4)

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Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Ilekokonit: 6:45pm On Mar 27, 2021
Nigeria's Auditor General has no constitutional power to audit NNPC, Central Bank of Nigeria, Nigeria Ports Authority and other big federal agencies.

Punch Newspaper 12 February 2021

The Acting Auditor General for the Federation , Adolphus Aghughu, said on Thursday that his office lacked the constitutional power to audit the Nigerian National Petroleum Corporation, the Central Bank of Nigeria, the Nigerian Ports Authority, and other big federal agencies.

Aghughu said this when the Senate Public Account Committee screened him ahead of his appointment’s confirmation by the Senate.

Responding to a question by the panel on why the AuGF had not been auditing the accounts of the topmost federal agencies, Aghughu said, “It is the constitution that has issue.”

He said, “ By virtue of the 1999 Constitution , we will just provide list of what we need for them and they will make their choice. If they decline to give to us, we have no power to compel them .”
https://punchng.com/we-lack-power-to-audit-nnpc-cbn-others-augf/

1 Like 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Kaduna1stson: 6:46pm On Mar 27, 2021
Only shekaw and the head of bandits can conduct such audit and then make recommendations.



Sorry.

25 Likes 3 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by gurunlocker: 6:47pm On Mar 27, 2021
Reasons why corruption still strives in the country... When big agencies can't be audited, because of one old constitution that should have been ammended.

51 Likes 8 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Alaigbopress: 6:48pm On Mar 27, 2021
So what is he auditin Useless legislators that does not know their work asking a useless question when they know that the stupid Constitution they imposed on Nigerian did not give auditor general such powers.

42 Likes 6 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Tolexander: 6:54pm On Mar 27, 2021
Kaduna1stson:
Only shekaw and the head of bandits can conduct such audit and then make recommendations.



Sorry.
you must be having a banana on one hand while posting this.

3 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Nobody: 6:56pm On Mar 27, 2021
In essence, they show us only what they have agreed amongst themselves to show us.... we Nigerians are fools really... we are beyond redemption.

44 Likes 5 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Tolexander: 6:58pm On Mar 27, 2021
Our constitution is very faulty.
These agencies which can’t be audited are the agencies having not less than 95% of our revenue and economic resources. These are agencies where corrupt officers are taking out the largest chunk of our resources

29 Likes 5 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Kaduna1stson: 7:01pm On Mar 27, 2021
Tolexander:
you must be having a banana on one hand while posting this.

That's why the important agencies are better in the hands of those the police and army are afraid of.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seunmsg(m): 7:02pm On Mar 27, 2021
Not entirely true. The Auditor General still has the powers to carry out periodic checks of the accounts of these corporations and review their audited accounts.

Since the constitution did not clearly define what a periodic check is, we simply carry out compliance audit.

5 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Tolexander: 7:07pm On Mar 27, 2021
seunmsg:
Not entirely true. The Auditor General still has the powers to carry out periodic checks of the accounts of these corporations and review their audited accounts.

He said they have no power to compel them if the agencies decline the request from the Auditor General’s office

32 Likes 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seunmsg(m): 7:14pm On Mar 27, 2021
Tolexander:
He said they have no power to compel them if the agencies decline the request from the Auditor General’s office

Even if ministries that are constitutionally to be audited by the Auditor General declines him access to accounting records, he can’t compel them in any way. All he can do is put it in his report and send to National Assembly.

So, it doesn’t matter if it’s a ministry or statutory corporation. It is a general problem that FG must tackle by immediately repealing the Audit Ordinance act of 1956 and passing the Federal Audit bill 2021 into law.

21 Likes 3 Shares

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Racoon(m): 7:18pm On Mar 27, 2021
No wonder those agencies of government are unimaginable cesspool of unending corruption.Of course the NASS will never legislate to subject them to scrutiny because they are also getting their own cuts.These are some of the things that should not in the exclusive list of the executive because they simply fuel corruption.

6 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Ilekokonit: 7:42pm On Mar 27, 2021
Racoon:
No wonder those agencies of government are unimaginable cesspool of unending corruption. Of course the NASS will never legislate to subject to scrutiny because they are also getting their own cuts.


David Mark And Dimeji Bankole Got $30m Monthly From NNPC - Wikileaks

Former Senate President David Mark and former Speaker of the House of Representatives Dimeji Bankole were monthly receiving $30 million each from the Nigerian National Petroleum Corporation (NNPC) during the late President Umaru Musa Yar’adua’s administration, a leaked confidential US diplomatic cable published by Wikileaks said.


The cable quoted Nigerian former Ambassador to the United Nations Maitama Sule as saying that Yar’Adua turned down approximately $60 million which had been offered to him by the NNPC as the President’s personal “share” of the nation’s monthly oil.


Sule, according to the cable, alleged that the NNPC, right from Obasanjo’s administration, allocated USD 1.00 per barrel of oil sold as a type of personal payment or “kickback” to the President.

“While Yar’Adua ordered his “share” to be deposited into the nation’s treasury, First Lady Tura’i Yar’adua pocketed her husband’s reported share, while Senate President David Mark and House Speaker Dimeji Bankole pocketed USD 0.50/barrel (e.g., $30 million)” the cable quoted Sule as revealing.

“In light of the possibility that Obasanjo could have stolen billions of dollars under this arrangement, Sule told PolOff that Yar’Adua told him that he may use this information, perhaps one day in the near future, to indict Obasanjo for corruption.

“The problem however, according to Sule, rested in the fact that Yar’Adua recognized that if he were to pursue Obasanjo, he may unwittingly subject his wife and close advisers to greater scrutiny, and risk his own political survival”, the cable added. When contacted by Daily Trust to comment on the allegation that he told the American intelligence cable in 2008 that former President Obasanjo had one dollar for every barrel of crude oil produced in Nigeria as kickback, Sule said he “could not remember having said so”.

He said he did not say so “since I know nothing about oil industry because I did not work there and have no business whatsoever with Nigeria’s oil sector”.

Sule, who now holds the traditional title of Danmasanin Kano, added that it is only those in government that could know government secret and how things are being run there.

Reacting to a leaked confidential US diplomatic cable published by Wikileaks, the Group General Manager, Group Public Affairs Division of the NNPC, Dr Levi Ajuonuma told Daily Trust on phone that the allegation was nonsense and ridiculous.

“No Senate President or Speaker has ever received anything as kickback from the Corporation. It is just concocted and baseless”, he added.

Senate President David Mark yesterday denied reports credited to the Wikileaks that he and some other top government officials received the sum of $30m monthly as kickback from the Nigerian National Petroleum Company (NNPC) in 2007.

In a statement by his Special Adviser on Media and Publicity Kola Ologbondiyan, Mark said he could not believe that Alhaji Maitama Sule, an elder statesman, would have made the statements ascribed to him by the United States of America (USA) former Ambassador, Robin Sanders, as contained in the Wikileaks.

He described the allegation as “malicious, spurious, wicked and mere fabrication of a mind that is fertile in mischief.

“I have no knowledge of any kickback or proceed from the NNPC neither did I, at any time, in concert with the late President Umaru Musa YarAdua; his wife, Turai and the former House of Representatives Speaker, Hon. Dimeji Sabur Bankole, engaged in corrupt practices or receive kickback of $30 million.”


https://wikileaks.org/plusd/cables/08ABUJA1018_a.html

2 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Racoon(m): 8:03pm On Mar 27, 2021
Ilekokonit:
David Mark And Dimeji Bankole Got $30m Monthly From NNPC - Wikileaks
https://wikileaks.org/plusd/cables/08ABUJA1018_a.html
My brother ehen! They will never do the right thing nor apply the China's antidote against corruption-outright execution or the Japanese harakiri self-killing/ death

5 Likes 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Christistruth00: 8:19pm On Mar 27, 2021
Senate should give the Auditor General that Power and require him to report the results of such audits back to the Senate and Nigerians.

3 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by XaintJoel20: 4:36am On Mar 28, 2021
The only thing still keeping this country is corruption.

7 Likes 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by jy2kbeyond(m): 4:36am On Mar 28, 2021
Is Karma real? Why is it hesitating to catch up with these bunch of thieves we have as leaders?

No worries, one day bushmeat will catch the hunter.

undecided undecided

1 Like

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by straighttalk(m): 4:37am On Mar 28, 2021
Then Who Has the Powers?
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Penguin2: 4:38am On Mar 28, 2021
It means therefore, that the "General" affixed to "Auditor" is useless. Since your auditing is not "General".

Nigeria is just a "Fuji House of Commotion".

If Shakespeare were alive, he'd write volumes of literary work from Nigeria's theatricals.

4 Likes 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Otaiky(m): 4:38am On Mar 28, 2021
And that's where billions of Naira are channelled to. What a country
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by MondayOsunbor(m): 4:40am On Mar 28, 2021

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by ZooOga: 4:41am On Mar 28, 2021
Independence 1st October 1960?
A joke!
The colonial master still rules!

1 Like

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seguno2: 4:47am On Mar 28, 2021
seunmsg:
Even if ministries that are constitutional to be audited by the Auditor General declines him access to accounting records, he can’t compel them in any way. All he can do is put it in his report and send to National Assembly.

So, it doesn’t matter if it’s a ministry or statutory corporation. It is a general problem that FG must tackle by immediately repealing the Audit Ordinance act of 1956 and passing the Federal Audit bill 2021 into law.

What is the feedback from your senator and representative after lobbying them for this Audit Bill
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by espn(m): 5:25am On Mar 28, 2021
Lol...
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Faithful1234(m): 5:28am On Mar 28, 2021
shakushaku Constitution.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Duplexxx: 5:28am On Mar 28, 2021
shocked
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by daddytime(m): 5:28am On Mar 28, 2021
He only has powers to audit my mothers pot of soup.

Useless people.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by olmoRoc: 5:32am On Mar 28, 2021
gurunlocker:
Reasons why corruption still strives in the country... When big agencies can't be audited, because of one old constitution that should have been ammended.

But they don't even audit the ones which they have the constitutional powers to audit! Why does anyone think those auditors are multi- millionaires and billionaires?

1 Like 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by SmartPolician: 5:34am On Mar 28, 2021
Who watches the activities of the CBN then?
In every country that works, there must be an institution watching over the next institution to avoid the abuse of power.

Perhaps that's why nobody is worried that the NNPC keeps incurring billions in losses year in, year out. I still wonder the usefulness of Buhari as the petroleum minister anyways.

4 Likes 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by DaddyGoo: 5:34am On Mar 28, 2021
Racoon:
My brother ehen! They will never do the right thing nor apply the China's antidote against corruption-outright execution or the Japanese hakira self-killing/ death

Harakiri is the right spelling.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Racoon(m): 5:36am On Mar 28, 2021
DaddyGoo:
Harakiri is the right spelling.
Thanks so much sir. smiley

2 Likes

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