How MDAs Squandered N3.8trn Under Buhari

How MDAs Squandered N3.8trn Under Buhari

How MDAs Squandered N3.8trn Under Buhari. Dozens of Ministries, Departments and Agencies of government misused N3.8 trillion they received from the Service Wide Votes (SWV) in four years, according to a Senate report.

Service Wide Votes is the government’s contingency fund in the annual budget.

The Senate Public Accounts Committee had probed the disbursement of N5 trillion from the SWV to more than 200 government agencies between 2017 and 2021, when ex-President Muhammadu Buhari was in power.

CHECK: List Of Federal Government Loans For 2023

The committee, chaired by Senator Matthew Urhoghide, invited 207 government agencies for the investigation, but only 119 agencies appeared.

The panel presented its report to the Senate during Wednesday’s plenary and its recommendations were adopted.

Urhoghide, while presenting the report, said his committee after investigation discovered that many agencies collected fund from SWV without recourse to the National Assembly committees that is mandated by law to oversight the agencies.

He said some of the MDAs did not make formal requests for the money that was sent to them by the Office of the Accountant-General of the Federation.

He said where the approval of Mr. President was sought and obtained, some MDAs used the resources for unrelated expenditure purpose.

The senator said some MDAs collected the fund for projects that were already budgeted for in the Appropriation Acts over the years.

He said, “Hundreds of Billions of Naira were claimed to have been used for the purposes of paying salary shortfalls whereas such agencies had already collected appropriation for personnel emolument and were on the IPPIS platform.

“In some instances, huge sums Of money were thrown at agencies which they didn’t apply for/or are not in the know of where the money came from and for what purpose.

“The IPPIS intervention towards meeting insufficiencies or shortfalls in Personnel Costs has been bastardized and running into huge sums of money needing legislative scrutiny.

“Most of the MDAs involved in the period under review deliberately avoided the Committee’s invitation for appearance and refused to make submissions, perhaps for lack of satisfactory explanations on the utilization of the funds released to them.”

The senate, after adopting the committee’s recommendations, urged the Executive to use supplementary budget approach to meet emergencies instead of Service Wide Vote, which it said amounts to affront/erosion of the approval powers of the National Assembly.

The committee also recommended that the Auditor-General for the Federation should be given full access by the Accountant General and other MDAs to audit Service Wide Vote expenditures annually and report to the National Assembly.

It also called for in-depth investigation into the operations of IPPIS to stern the rising cases of irregularities in the system.

Some of the affected agencies are: Office of the Accountant General of the Federation, Ministries of Interior, Foreign Affairs, Finance, Transportation, Health, Works and Housing, Information and Culture, Mines and Steal Development, Police Affairs, Defence, Youths and Sports, Petroleum and Aviation.

Others are: State House, Budget Office, Presidential Fleet, Nigerian Army, Navy, Airforce, NAFDAC, Civil Defence, Presidential Amnesty Programme, FERMA, NEMA, National Hajj Commission of Nigeria (NAHCON), Debt Management Office, INEC, North East Development Commission (NEDC), Nigerian Intelligence Agency (NIA), National Health Insurance Scheme (NHIS), National Agency for the Control of Aids (NACA), National Examination Council (NECO), among others.

SOURCE: Dailytrust

360hausa Team

360Hausa is a current Best Hausa Entertainment blog in Africa that specialized in providing you high quality content. 360Hausa was found and manage by Abubakar Yusuf Radda (B2 [D Promoter] Slayer). A Blogger, Ghost Writer & Content creator. Follow us on Social Media @360Hausa


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button