Connect with us

Featured

Another Missing Money? House Of Reps Committee Divulges Information About Missing N35bn

Published

on

Estimated Reading Time: <1

On Thursday, Nigeria’s House Of Representatives committee on Public Accounts disclosed that N35bn collected by the Office of the Head of Service of the Federation from the Service Wide Vote for a nine-years period could not be accounted for.

The Permanent secretary, Remi Adelakun admitted only N17.6bn whereas the records of the Budget Office of the Federation showsthat the OHSF received N52bn between 2004 and 2012.

The Honourable Solomon Olamilekan-led committee insisted that Adelakun must explain how N35bn was spent. The officials of the budget office and the Permanent secretary disagreed over how much was released to the Office of the Head of Service .

The records of the budget office have shown that in 2004, the Office of the Head of Service received N2.7bn; N9.8m was received in 2005; N701.7m collected in 2006; N896.3m in 2007; N5.3bn in 2008 and another N612.9m; and N70m collected in 2009. In 2010, the figure was N17.6bn; in 2011, it was N13.6bn and N8.5bn in 2012.

Honourable Olamilekan ruled that the permanent secretary must present documents which shows how the balance of over N35bn was used within two weeks.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Wordpress Social Share Plugin powered by Ultimatelysocial
error

Enjoy this blog? Please spread the word :)

Follow by Email
Instagram