₦airaland Forum

Adaure4ever:
she is 100% Right sha, sometimes you get lonely, you foot the bills by yourself mainly, the economy is harsh. Awww

laprince:
you're not yet married.
very simple!

Evina:
When my husband is angry with me, he still eats food I cook, he still assists me with domestic shores. Replies when I speak to him but doesn't necessarily initiate conversation.

When I see his acts of kindness towards me inspite of being angry with me, I feel so sorry and sad and angry at myself for ever offending such a wonderful man.

LadyExcellency:
How come the exchange rate when it has been revealed that we swapped crude for refined product while the refinery buys constituents we don't need out of it?

Do you perchance mean that Naira has been technically devalued hence holding/issuing N199/$ for/to any business concern is the greatest form of corruption which gives advantage to one business or class of people over others?

omenka:
Good!!

Another arrow right through the dark hearts of the Zoofrarians.

Let them initiate another round of whining on the forum and beyond, type insults directed at Omenka until their thumbs get sore, curse others who dare to take a different position from theirs, and wipe each other's assess clean with their tongues- NOTHING will happen.

If you don't like my comment- go fvck yourself.

If you don't like the President, go fvck yourself.

If you don't like Nigeria, go fvck a gargoyle.

If you don't like Nairaland, go fvck another gargoyle.

If you are too poor and miserable, and think insulting everyone else but your parents would fix your poverty, go get a rope and a chair and do the needful- save the world some oxygen.

If you are an iDaft yoot, screw you with knobs on.

Thank you.

Doyin2:
There was less hardship then because of forex reserves where being used to finance subsidy,the same reserve that was being looted.

Your one component approach is deceitful,more so for how long was oil @ $46 during last admin? And more over,are you aware that over 700 billion in subsidy was not paid until Buhari came on board?


The second component you ignored is the forex rate.What was the rate then and what is it now?

Bitter pill to swallow:

Now in 2016,not then,Nigeria can no longer afford subsidy on petrol,with low oil revenue and looted forex reserves!

diegwu01:
He left with months of Unpaid subsidies amounting to N700 Billion which Buhari inherited and settled.. Imagine what N700 billion would do if invested in the 2nd niger Bridge and the 4th mainland bridge. Subsidies must end especially now orur source is drying up.

diegwu01:
He left with months of Unpaid subsidies amounting to N700 Billion which Buhari inherited and settled.. Imagine what N700 billion would do if invested in the 2nd niger Bridge and the 4th mainland bridge. Subsidies must end especially now orur source is drying up.

DExplorer1:
Nigerian officials penchant for looting surely knows no bounds as some officials have been caught red-handed stealing $3.8million aid meant to assist the country in battling the scourge of AIDS, Tuberculosis and malaria.

The stolen money was donated to Nigeria by Global Fund. It was stolen between 2010 and 2014, part of the locust years of the Goodluck Jonathan administration.

Although Nigeria has agreed to refund the money, Global Fund has applied sanctions on the country, announcing it is suspending aid to Nigeria’s AIDS agency.

The Fund said it has evidence that the money was stolen by workers and consultants of Nigeria’s National Agency for the Control of AIDs(NACA),

Spokesman Seth Faison said Friday that Nigeria’s government has promised to repay the money to the Geneva-based agency and to prosecute suspects.

A report by the fund’s inspector general says seven government workers and three consultants stole the money over five years between 2010 and 2014.

The report said the fraud continued because the National Agency for the Control of AIDS did not have proper audits.

The missing money is 95 percent of the amount budgeted to implement, administer and train users of a web-based reporting platform but a fraction of the $1.4 billion the fund has spent in Nigeria.

Summary of the Audit by Global Fund:

An Office of the Inspector General (OIG) audit of Global Fund grants in Nigeria has identified significant problems in procurement, supply chain, financial and program management. The auditors found discrepancies of over US$4 million between drugs ordered and delivered; US$20 million paid to suppliers without confirmation of delivery; stock-outs of eight months for critical medicines; and a total of US$7.65 million in unsupported expenditures. The Global Fund is reviewing corrective measures, particularly with regard to risk management, identified by the OIG as the root cause of many of the issues.

With more than US$1.4 billion invested since 2003, Nigeria represents the Global Fund’s largest portfolio. Programs to date have contributed to 750,000 people living with HIV/AIDS currently on antiretroviral therapy, 310,000 new smear-positive tuberculosis cases detected and treated and 93.4 million insecticide-treated mosquito nets distributed to prevent the spread of malaria.

Regarding procurement, the OIG found that Principal Recipients, the National Agency for the Control of AIDS and the National Malaria Elimination Program do not monitor the deliveries to the central medical store in Lagos of drugs arriving through the Global Fund’s Pooled Procurement Mechanism (a system that allows the Global Fund to bulk order health commodities at favorable prices). This resulted in discrepancies in antiretroviral drugs deliveries of US$3.7 million from 2013 to September 2015 and US$0.5 million in artemisinin-based combination therapy drugs. The OIG also identified payments amounting to US$20 million made to a procurement agent without confirmation of services rendered or goods delivered.

The auditors found major weaknesses in supply chain management including ineffective controls over inventory management and distribution directly affecting service delivery to patients in Nigeria. Stock-outs lasting 8 months of critical medicines such as antiretroviral drugs and artemisinin-based combination therapies were found in 42 health facilities visited by the OIG. In addition, HIV commodities worth US$5.4 million had expired in the last two years.

Although the OIG noted minor improvements since the introduction of a fiduciary agent in May 2015, financial management controls were found to be inadequate and ineffective. For example, the auditors identified a total of US$7.65 million of unsupported expenses linked to human resources, payment approval processes and advances management.

Significant weaknesses exist in the internal controls around data collection and reporting processes. This resulted in more than 10% of errors between the data recorded at the facility level and data reported to the state coordinator and the Global Fund. The issues identified were mainly for the HIV and malaria programs. Good practice, however, was observed on data recorded for the tuberculosis programs.

The OIG concluded that the Global Fund’s risk management framework in Nigeria is ineffective. The organization is unable to identify, mitigate and monitor the risks effectively. This explains many of the problems identified by the OIG audit. For example, although the Secretariat introduced the Pooled Procurement Mechanism to the Nigeria portfolio, limited preventative controls are in place to ensure that drugs procured through the mechanism are actually delivered and then distributed.

The Secretariat is currently reviewing a number of corrective actions including assessing potential recoverable funds, internal control deficiencies and the grant recipients’ ability to deliver key Global Fund objectives in Nigeria.



http://thenewsnigeria.com.ng/2016/05/breaking-news-nigerian-officials-steal-3-8m-hivaids-money/