- The Federal Government says it has uncovered discrepancies close to three point three trillion naira in the remittance of funds by various Ministries, Departments and Agencies of government as well as foreign missions in the 2014 fiscal year.
- This was contained in the 2014 Annual Audit Report presented to the National Assembly on Monday by the office of the Auditor General of the Federation.
According to the document, the Nigerian National Petroleum Corporation, NNPC did not remit three point two-three trillion naira to the Federation Account Allocation Committee in 2014.
Apart from this, the report stated that over two hundred and thirty-five million dollars, being gas sale proceeds accruable to the Nigeria Liquefied Natural Gas, was also transferred to some undisclosed Escrow Accounts.
He also disclosed that “the sum of N36.4 billion was released to the Office of the National Security Adviser, NSA, for the rehabilitation and construction of dams instead of the Federal Ministry of Water Resources.”
He further revealed that the management of the National Assembly, headed by the clerk, made payments of N9.514 billion without raising payment vouchers.
All these were contained in the Federal Government’s 2014 audit report of all Ministries, Departments and Agencies, MDAs, which he presented to the leadership of the National Assembly.
The submitted audit report also captured embassies and foreign missions.