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‘NPA To Refund N40.13bn, $921.64m To FG’

‘NPA To Refund N40.13bn, $921.64m To FG’   The Auditor-General for the Federation has indicted the Nigeria Port Authority (NPA) for failure to recover and remit N40.126 billion, $921.636 million and 289,931.82 pounds to government treasury from various revenue sources in 2019. This was contained in 13...

Bank Of Agric Distressed Over Bad Loans, Others – Auditor Ceneral

Bank Of Agric Distressed Over Bad Loans, Others – Auditor Ceneral   The Office of the Auditor-General of the Federation has said the Bank of Agriculture may have become distressed as a result of its inability to meet its obligations and provide meaningful service to the...

Panel Summons Clerk As AG says NASS’s N9.4bn Unaccounted For

Panel Summons Clerk As AG says NASS’s N9.4bn Unaccounted For     The Office of the Auditor General for the Federation has issued audit queries against the National Assembly and the National Assembly Service Commission over expenditures amounting to N9.424bn in 2019 which have not been allegedly...

MDAs Couldn’t Account For N4.97trn In 2019 – Auditor-general

MDAs Couldn’t Account For N4.97trn In 2019 - Auditor-general       The Auditor-General of the Federation, Adolphus Aghughu, has said ministries, departments and agencies of the Federal Government failed to account for a total sum of N4.97tn in 2019. Aghughu said the MDAs failed to substantiate the sum...

Senate To Auditor-general: Stop Shielding NNPC, NPA, Others

Senate To Auditor-general: Stop Shielding NNPC, NPA, Others       The Senate has challenged the acting Auditor-General of the Federation, Mr Adolphus Aghughu, to focus more on the financial transactions of big revenue generation agencies instead of beaming searchlight only on smaller agencies. The Chairman, Senate Public Affairs...