SERAP Urges Buhari to Probe Missing N106bn from 2018

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to direct the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), and appropriate anti-corruption agencies to investigate allegations of N106billion public funds missing from 149 Ministries, Departments and Agencies (MDAs) as documented in the 2018 annual audited report by the Auditor-General of the Federation.

The body also urged Buhari to direct the Minister of Finance, Budget and National Planning, Zainab Ahmed, to create a system of public announcement to name and shame the indicted 149 MDAs, including those who reportedly failed to remit over N55 billion of their revenue, awarded contracts worth over N18 billion for services not rendered and those who spent over N23 billion without any supporting documents.

Your Friends Also Read:  New York City Mayor Aspirant Eyes Sister City Deal with Lagos, Nigeria

SERAP recommends that anyone suspected to be responsible should face appropriate prosecution if there is sufficient, admissible evidence, and any missing public funds must be fully recovered.

In a letter dated April 17, 2021, and signed by SERAP Deputy Director, Kolawole Oluwadare, the organisation said the reported missing public funds reflect the failure of the indicted MDAs to ensure strict compliance with transparency and accountability rules and regulations, and the failure of leadership of the MDAs to foster institutions that uphold the rule of law and human rights.

According to SERAP, recovering the alleged missing public funds would reduce the pressure on the Federal Government to borrow more money to fund budgets, enable authorities to meet the country’s human rights obligation to progressively realize Nigerians’ rights to quality health care and education, as well as reduce the growing level of public debts.

Your Friends Also Read:  Nigeria’s Electronic Waste is a Public Health Problem and Needs urgent attention

In the letter, SERAP further called on Buhari to ask Ahmed and the Accountant-General of the Federation, Ahmed Idris, to explain why they allegedly failed to ensure strict compliance with relevant legislation, rules, and regulations across all MDAs, despite the warnings and recommendations by the Auditor-General.

Leave your vote


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
1
Shares
Previous Article

South Africa Evacuates Students as Table Mountain Fire Spreads

Next Article

Nigeria Police Force Deploy Officers to Support Somalia

Related Posts

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.