GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

ICPC uncovers N18.62bn scam and gross abuse of personnel budget by some Federal Ministries

Enudi Golden by Enudi Golden
January 11, 2024
in Crime, Featured, Headline, News, Opinion, World News
Reading Time: 3 mins read
16
SHARES
Advertisements

The independent Corrupt Practices and other related Offences Commission (ICPC) says it’s uncovered gross abuse of personnel budget and inflation as well as padding of nominal role by some Federal Ministries, Departments and Agencies (MDAs) amounting to N18.62 billion.

Chairman of the ICPC, Prof. Bolaji Owasanoye, made the revealing at the National Summit on diminishing Corruption within the Public Sector and presentation of integrity awards, organized by the workplace of the Secretary to the govt. of the Federation in collaboration with ICPC, in Abuja on Tuesday, Nov nineteenth.

READ ALSO

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site

Apply Now: Jobber Woman Program Cohort 2 FREE Business Support For Nigerian Female Entrepreneurs

ICPC uncovers N18.62bn scam and?gross abuse of personnel budget?by some Federal Ministries

According to him, the discovery of the scam followed the launching of the commission System Study and Review of MDA Practices, involving over three hundred MDAs.

He said: “as at the time we tend to went to press we tend to had coated concerning three hundred MDAs and also the amount inflated was about N12billion. As at nowadays your Excellency we have discovered further N6b making a complete of N18.624b restrained by ICPC.

One thing that has been particularly worrying is the silence from my own leadership – AKA reacts to Burna Boy’s tweet on still coming…

 

“The exercise remains current however we will able to} with confidence report that culprit MDAs are principally academic and health institutions. for example, preliminary findings show the subsequent –

“University of Benin Teaching Hospital N1.1billion; Federal medical center, Bayelsa N915million; Nnamdi Azikwe University N907million; University of Jos N896million; University college Hospital Ibadan N701million; Usman Dan Fodio University N636million and University of Ibadan N558million.

“These establishments and every one those concerned are given the chance to explain themselves however, while investigations are on to verify any credible explanations they may have, we have alerted the Minister of Finance of our findings and acceptable steps square measure being taken to make sure that concerned MDAs won’t be ready to pay the surplus designed into their personnel budget.

“Let ME note with regret sir that within the 2017-2018 yr the balances recorded for personnel were legally utilised by MDAs for alternative functions thanks to lack of proactivity by late enforcement and connected agencies. That total amounted to N18.39b.’’

The Situation In Kogi More Challenging Than Bayelsa – Police PRO

In light-weight of those findings, the ICPC Chairman stressed the necessity for full implementation of the directive that MDAs not on IPPIS mustn’t be paid as the commission’s review had shown that the majority of the guilty MDAS weren’t on IPPIS.

He added: “In an identical vein, we tend to found that some MDAs spent N9.2billion of capital funds on overhead connected things contrary to existing monetary laws. we tend to found to our surprise that some MDAs fail to remit tax and divert pension and NHIS deductions for unrelated payments therefore exasperating the sufferings of other Nigerians.

“Some MDAs abused the e-payment policy of presidency thus creating payments through employees accounts rather than to actual beneficiaries. Most egregious within the current cycle of review is that the Federal Ministry of Water Resources wherever N3.3billion was paid call at a few month through the accounts of employees. ICPC inactive fifty nine administrators from the ministry and investigation is current.’’

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

25 UK-bound migrants found inside a refrigerated container in Holland (Photo)

Next Post

Spain re-appoints Luis Enrique as coach just five months after quitting when his daughter died

Related Posts

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site

The Nigerian Education Loan Fund (NELFUND) has issued a strong warning to students across the country to beware of fraudulent...

Read moreDetails

Apply Now: Jobber Woman Program Cohort 2 FREE Business Support For Nigerian Female Entrepreneurs

Jobber Woman Program

The Jobber Woman Programme Cohort 2 is inviting female entrepreneurs to apply for its Free business support. Jobber Woman Program...

Read moreDetails

Dangote Refinery Reduces Petrol Price as Global Oil Prices Drop – Announces New Rate

Dangote Refinery Reduces Petrol Price as Global Oil Prices Drop – Announces New Rate

Dangote Petroleum Refinery has announced a reduction in its ex-depot petrol price following the recent global oil price drop.  ...

Read moreDetails

Happy New Month Messages for July 2025, New Month Prayers, and Quotes for All Friends & Loved Ones

Happy New Month Messages for July 2025

Happy New Month Messages for July 2025: New Month Prayers and Quotes for All Friends and Loved Ones to Feel...

Read moreDetails

Top 15 Most Expensive Hotels in Nigeria and their Location (2025 Updated Guide)

most expensive hotels in Nigeria,

Nigeria’s hospitality industry has witnessed remarkable growth in recent years, with a surge in modern hotel infrastructure and global-standard service...

Read moreDetails

Student Loan Update: 366,000 Nigerians Receive ₦73.1 Billion Under NELFUND

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site

The Nigerian Education Loan Fund (NELFUND) has disbursed over ₦73.1 billion in student loans to 366,247 Nigerian students across 206...

Read moreDetails

How to Cancel Processing Transaction on Opay

Cancel Processing Transaction on Opay

How to Cancel Processing Transaction on Opay Have you ever tried to send money or pay a bill on Opay,...

Read moreDetails

Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement

Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement

Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement GoldenNewsNg reports that the Youth Economic Intervention and De-Radicalization...

Read moreDetails

Top 10 States in Nigeria with the Highest Debt Profile Currently

Top 10 States in Nigeria with the Highest Debt Profile Currently

Top 10 States in Nigeria with the Highest Debt Profile: Despite National Decline, Some States Remain Deep in Debt GoldenNewsNg...

Read moreDetails

Apply Now: Niger Delta Development Commission (NDDC) Local Master’s Postgraduate Scholarship 2025/2026

NNDC Local Postgraduate Scholarship

NDDC has Announced 2025/2026 Local Postgraduate Scholarship Programme for Niger Delta Indigenes. apply now following the guidelines below... GoldenNewsNg reports...

Read moreDetails
Load More
Next Post

Spain re-appoints Luis Enrique as coach just five months after quitting when his daughter died

SEARCH ADS

Latest Posts

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site
Education

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site

Jobber Woman Program
business

Apply Now: Jobber Woman Program Cohort 2 FREE Business Support For Nigerian Female Entrepreneurs

Dangote Refinery Reduces Petrol Price as Global Oil Prices Drop – Announces New Rate
business

Dangote Refinery Reduces Petrol Price as Global Oil Prices Drop – Announces New Rate

CDCFIB Issues Fresh Update on Recruitment Portal Opening
Jobs

CDCFIB Issues Fresh Update on Recruitment Portal Opening

Happy New Month Messages for July 2025
Daily Guides

Happy New Month Messages for July 2025, New Month Prayers, and Quotes for All Friends & Loved Ones

most expensive hotels in Nigeria,
Daily Guides

Top 15 Most Expensive Hotels in Nigeria and their Location (2025 Updated Guide)

Do Not Put Your BVN on This Portal: NELFUND Warns Students Against Fake Loan Application Site
Education

Student Loan Update: 366,000 Nigerians Receive ₦73.1 Billion Under NELFUND

FG Confirms YEIDEP ₦50,000 to ₦500,000 Payment Schedule for July 2025
Jobs

FG Confirms YEIDEP ₦50,000 to ₦500,000 Payment Schedule for July 2025

Cancel Processing Transaction on Opay
Daily Guides

How to Cancel Processing Transaction on Opay

Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement
Headline

Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News