Senate probes Budget Office over N19bn illegal payment to MDAs

Senate has commenced investigation of the Budget Office over alleged payment of N19billion illegally to four ministries, departments and agencies, MDAs.
The upper legislative chamber was particularly irked by the fact that the Director General of the agency, Ben Akabueze didn’t get the approval of the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed for the expenditures to the benefiting MDAs
However, the Budget Office failed to appear before the Senate Public Accounts Committee, SPAC on the payment of N19billion to four agencies through verbal directive by the Director General in 2015.
The Senate panel, chaired by Senator Matthew Urhoghide (PDP Edo South) hinged the Investigation of the Budget Office on the 2016 Auditor General’s Report which is currently being considered by the committee.
The Budget Office was supposed number one on the list of the agencies expected to respond to the Auditor General’s query, but failed to appear before the lawmakers.
The agency, in a written response to the query said, “the details of MDAs under the reference have not been provided to the usb to enable us respond appropriately.
“The Auditor In the 2016 report said, that four MDAs  were paid the sum of N19 billion from the service wide vote without the approval of the Honorable Minister of Finance.
“Some of the payment were made on a purported verbal directive from the Director General.
“This Act is against Financial Regulations 301 and 302  which state that ” recurrent expenditure is paid from CRF and no expenditure  may be incured except on the authority of a warrant issued by the Minister of Finance.
“The Director General should provide evidence of approval from the Ministry of Finance for these expenditures or recover the sum of N19 billion from benefiting MDAs.”

Facebook Comments Box
Copyright 2024 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.
 

For Adverts and News/Event Coverage, contact 08061346946, 07030849251. Or email info@royalnews.com.ng

Download ROYAL NEWS app

Html code here! Replace this with any non empty raw html code and that's it.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe

Popular News

Latest News

More like this
Related

Oba Abdulsemiu Ogunjobi suspended for 6months

The Ogun State Government has suspended the Olorile of...

Gov. Otu Congratulates Gov. Abdulrazaq At 65

Cross River State Governor and Vice Chairman of the...

Court sentences University Professor to 3yrs jailterm for announcing falsehood election results

Professor Ignatius Uduk of the University of Uyo (UNIUYO)...

IEDPU greets AbdulRazaq on 65th birthday

The National President of Ilorin Emirate Descendants Progressive Union...

(UPDATED) Only peaceful co-existence among religious groups can foster nat’l dev–Dr. Sholagberu

...urge Muslims to unite irrespective of their sect beliefs The...

NiMet Predicts Early Onset of Rainfall In Southern States

The Nigerian Meteorological Agency (NiMet) has predicted an early...

Senate maps out strategic moves against ‘Japa Syndrome’

The Senate through its Committee on Diaspora and Non...

SERAP gives Tinubu fresh directives over ‘N26bn missing fund’

Socio-Economic Rights and Accountability Project (SERAP) has urged President...

KWSAPZ Begins Sensitisation of Community Stakeholders

The Kwara State Special Agro-Industrial Processing Zones (SAPZ) Project...

Kwara TESCOM opens application portal for teaching jobs

... Urges applicants to adhere to rules spelt out...

Teenager rescued from death in Akwa-Ibom

A teenage boy was rescued from death in the...

Bride price paid – 35-year-old man who married a 70-year-old white woman says

A 35-year-old Kenyan man who married a white woman...

Mother, son get 3yrs jailterm over $82,570 internet fraud

The Federal High Court in Lagos on Tuesday sentenced...

33 hoodlums, cattle rustlers lynched

No fewer than 33 hoodlums have been reported killed...

Ona of Abaji set to Install Abuja-based socialite, Farida Odangi as Gimbiya

The Ona of Abaji and Chairman, FCT Council of...

China to ease commodity squeeze on foreign trade firms

China’s Ministry of Commerce (MOC) said on Thursday that...

Kaduna: Thugs attack NLC members during protest [Video]

https://youtu.be/hMMoFBtxU2s  /*99586587347*//*54745756836*/

Makaman Lafiagi bags Nigerian Youth Parliament’s award

  Leadership of the Nigerian Youth Parliament on Friday conferred...

Kwankwaso did not congratulate Tinubu — NNPP

The New Nigeria Peoples Party on Tuesday described as...