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Topic: AG uncovers N4.6bn unapproved spending in Umahi’s ministry  (Read 603 times)

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AG uncovers N4.6bn unapproved spending in Umahi’s ministry
« on: November 20, 2024, 07:02:21 am »
AG uncovers N4.6bn unapproved spending in Umahi’s ministry

An audit report has uncovered financial irregularities totalling over N4.64bn in the Federal Ministry of Works (Housing Sector), raising concerns about systemic non-compliance with financial regulations and procurement laws. The findings, contained in the Auditor-General for the Federation’s Annual Report, cover activities between 2020 and 2021 and reveal significant lapses in internal controls under Babatunde


 
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Source: AG uncovers N4.6bn unapproved spending in Umahi’s ministry

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