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How Federal Government Agencies Failed To Account For N3.5Trillion In 2021
A report by the Paradigm Leadership Support Initiative has unveiled that N3.5 trillion was unaccounted for by various government agencies.
The organization highlighted issues from the 2021 audit of the Nigerian Government.
A total of N2.9 trillion was unaccounted for due to unrecovered outstanding revenue/debts. According to the report, N7.4 billion was unaccounted for due to irregularities in awarding contracts, N115.8 billion due to irregular payments, and N167.6 billion due to payments for unexecuted jobs/contracts.
Under-deduction of taxes amounted to N129.3 million, while non-deduction reached N2.6 billion, and non-remittance stood at N11.6 billion.
Payments lacking supporting documents totaled N8.3 billion, violations of the federal government’s e-payment policy amounted to N18 billion, and misapplication of funds was N663.9 million.
Funds unaccounted for due to lack of due process in awarding contracts amounted to N20.3 billion. Unaccounted expenditures were N122.5 billion, and recovered tax liabilities by the Federal Inland Revenue Service stood at N69.9 billion.
Store items not taken on ledger charge amounted to N968.9 million and extra-budgetary expenditures amounted to N15.8 billion.
Virement without approval amounted to N2.6 billion, non-remittance of internally generated revenue amounted to N6.6 billion, circumvention of procurement process amounted to N1.9 billion, denial of access to documents amounted to N21.5 billion, while unretired cash advances amounted to N1.3 billion.
Payment without paid vouchers amounted to N1.1 billion, payment without pre-payment audit amounted to N4.7 billion, engagement of external solicitors without attorney general’s fiat amounted to N243.9 million, payment to third party without power of attorney amounted to N439.7 million, award of contracts above thresholds amounted to N2.4 billion, illegally custody of government vehicles amounted to N747.7 million, payment without revalidation of paid vouchers amounted to N403.2 million, while splitting of contract to circumvent procurement/approval threshold amounted to N731.2 million.
By Kayode Sanni-Arewa
Activist Omoyele Sowore, has pleaded not guilty to the cybercrime charges against him at the Federal High Court in Abuja.
The Inspector General of Police, Kayode Egbetokun, had filed the charges against Sowore for calling him an “illegal IGP.”
Sowore had made the remark on his verified X handle.
However, the activist is standing trial before Justice Liman of the FCT High Court and was docked at about 10:00 am when the charges were read to him.
When the charges were read, Sowore pleaded not guilty to all the charges.
Meanwhile, several of his followers had protested in front of the court over Sowore’s arraignment.
By Kayode Sanni-Arewa
Five persons have been reportedly killed during an invasion by gunmen at Ajegunle-Powerline community in Akure North Local Government Area of Ondo State.
An eyewitness, Mr Akin Olowolafe, a farmer in the community, told newsmen on Thursday in Akure that five people were allegedly killed during the attack, which happened on Tuesday at about 3pm.
Olowolafe said the gunmen entered the farmlands while people were working and started shooting sporadically in the air, which resulted in the death of five farmers.
According to him, the gunmen usually attack the farmlands on a daily basis around the community, and it has made life unbearable for farmers.
Many farmers in the community have fled their farms for fear of being killed. The attacks are unchecked while their is no intervention from the appropriate authorities.
“The incessant clashes and destruction of farm crops are so worrisome and it has led to boycotting of farms by farmers in the area,” Olowolafe said.
Also, a labourer, Mr Fidelis Daniel, who corroborated the story, said that the corpses had been deposited at the mortuary.
“I was inside the farm too when the incident happened, I just heard the sound of guns, and I immediately ran to my house.
It was even God that saved me too, they would have killed me.
They suddenly came with weapons to destroy our crops and killed five people. Three people from Plateau and two from Kaduna State,” he said.
The Ondo State Police Public Relations Officer, CSP, Funmilayo Odunlami-Omisanya, who confirmed the incident to newsmen, however, denied the number of casualties.
“There was an attack on the community, and police is still investigating, but I cannot confirm the number of people
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