The Accountant General of the Federation (AGF) is expected to furnish the House of Representatives with a financial statement on the utilisation of the N2.2 trillion revenue accrued from the foreign and domestic debts raised by the Debt Management Office (DMO).
Chairman, House Committee on Public Accounts, Hon Oluwole Oke, issued the notice during the investigative hearing into the 2018 audit query against DMO, demanded details of the utilisation of the fund and the rationale for reflecting the fund in the DMO’s financial statement.
As reported by Tribune Online, Chairman of the Committee, Hon Oluwole Oke, was curious that the DMO could not account for the amount that was appropriated for and did not appear in the Accountant General’s books.
“We should hold you liable to the actual sum released to you. If it is in the law that the DMO had a budget of N2.2 trillion. Now, where is the money? Who got it? Was it released? This is a law and the law says that 2.2 trillion had been given to DMO. Was the money given to the DMO? No.“
Who took the money? Accountant General? Why? If you are not the manager then it should not appear in your books but the books of the Accountant General of the Federation,” Hon Oke asked.
One of the lawmakers who frowned at the development, said: “Are you saying this figure did not come from your office to the National Assembly for approval? Somebody put this figure in your budget and you just saw it here at the National Assembly? Are you now saying that there is a budget provision in your agency that you cannot account for it?”
In her response, DMO Director-General, Patience Oniha, who affirmed that the sum of N2.2 trillion accrued as interest (cost) from the loans midwives by the agency, however, stated that the sum of N721,251,798, was allocated to DMO.
On the non-rendition of the audited accounts, Ms Oniha who was represented by the Director of Finance and Accounts, Mrs Feyi Olumide-Akinyemi, disclosed that the audited account has been submitted to the Minister of Finance, Budget and National Planning for approval.”
It does not come to our books. It does not come to our account. It does not reflect anywhere in our books. We do not have access to the other one and that is why we always say it should be separated.
“During each process, the budget office requires the DMO to give them a projection of interest payments, so these are the interest projections we made that the government will bear on our domestic and external debts and then a provision to take care of local contractors which is the sinking fund,” she said.
She explained that nothing was released for capital expenditure for 2018, but noted that the fund was released in 2019.
According to her, from the total sum of N721,251,798 accounted for, the sum of N435,768,793 was for personnel cost, N110,883,005 for overhead cost, and N174.600 million for capital expenditure.
She said in the year under review, they received 89.74 per cent of the sum for personnel cost, and it was released through the office of the Accountant General of the Federation and the remaining amount was mopped up automatically.
She said out of the overhead cost they got 58 per cent of the sum, which is N64 million, and the balance was also mopped up at the end of the year.
The lawmakers also demanded the rationale behind the non-release of the fund to other agency, as alleged by the Director General’s representatives.
While responding to question on the foreign bank accounts owned by DMO and details of internally generated revenue, Ms Oniha who responded in the negative, stressed that the agency is fully treasury funded.
While responding to question on the number of staff on the agency’s nominal roll, Ms Oniha discloses that DMO currently has 110 staff on its nominal roll, for which the sum of N64 million was released in 2019.
To this end, Hon Oke who directed the Clerk to demand financial records on the utilisation of the N2.2 trillion also requested for all relevant payment vouchers issued by DMO for all its financial transactions for the years under review.
Bandits Chase Residents Out Of Kaduna Village For Failing To Pay Tax
Residents of Kidandan community in Giwa Local Government area of Kaduna State were chased out of their ancestral homes in their hundreds over the weekend for failing to pay tax to bandits.
The bandits had raided their community for hours, shooting indiscriminately, resulting in the killing of many residents and abduction of many others.
Some survivors told reporters that the bandits, who had previously terrorized the community, increased their aggression after some farmers failed to pay the levies imposed on them.
The Kaduna State Police Command did not respond to the inquiries made about the incident, as the Command’s spokesman, ASP Mansur Hassan, promised to call our correspondent back but had not done so at press time.
A resident, who preferred anonymity, said: “For the past six days, bandits have been frequenting Kidandan. But this attack was particularly devastating. They instilled terror, stole belongings, and abducted our people.
“Every resident of Kidandan lives in extreme fear. Our women and children are leaving in large numbers. The sudden and unplanned exodus is striking. They seek safety, heading to Zaria and other seemingly secured areas to stay with friends and relatives.”
It was alleged that instead of a permanent security presence, patrols were the only form of occasional security in the community.
This, it was alleged, allowed the bandits to strike whenever they sensed the absence of security operatives.
The Kaduna Bombing Incident Will Not Be Swept Under The Carpet – Ribadu
The National Security Adviser (NSA) Nuhu Ribadu has visited the Tudun Biri village of Igabi Local Government Area of Kaduna State to commiserate with the people over bombing incident.
While 85 persons were confirmed dead in the strike and scores were injured in the most recent military mishap, Ribadu and the lawmakers are commending the commitment of security agencies to reducing the security challenges in the region.
The NSA who was in the village on a fact-finding mission, assured that the bombing incident will not be swept under the carpet. He promised that a holistic investigation would soon commence to avert the recurrence of such an incident.
“We are here to physically see and also talk directly to the people, victims, and families and make an assessment for the Federal Government. It is a tragedy and misfortune. But it has happened. What matters is: how we move forward, what we going to learn from here, and what exactly we need to do,” Ribadu added.
He commended Governor Uba Sani of Kaduna State for his display of maturity and leadership in handling of the unfortunate incident, particularly in providing relief materials and other logistics to the victims.
Kaduna Bombing: Northern Lawyers Vow To Sue FG
Lawyers, under the auspices of the Concerned Northern Forum, have vowed to institute legal action against the Federal Government, demanding the payment of adequate compensation for the victims of Tudun Biri bombed by the military airstrikes in Kaduna State.
Recall that over 120 villagers were killed while celebrating Maulud last Sunday night.
Speaking for the Northern Lawyers Forum, Barrister Nafi’u Abubakar, noted that the forum would ensure that the families that suffered irreparable loss as a result of this unfortunate incident get justice.
Nafi’u, while addressing newsmen in Kaduna on Saturday, urged the Federal Government to take immediate and decisive action to ensure a thorough and independent investigation into this incident.
“It is imperative that those responsible are held accountable for their actions, and measures are put in place to prevent any recurrence of such incidents in the future.
“We also urge the Nigerian Army to reevaluate its rules of engagement and training procedures to prevent the loss of innocent lives during military operations. It is vital that the Nigerian Army, as a defender of the nation, exercises utmost caution to avoid any further instances of collateral damage and civilian casualties,” he said.
The forum, with over 600 members, extended their deepest condolences to the families who lost their loved ones during the tragic incident.
“We stand united with them in their grief and pledge our unwavering support in ensuring justice is served.
“The Concerned Northern Lawyers Forum will work tirelessly to pursue legal means to claim the compensation that is owed to the victims,” he said. Vanguard.
NYSC Coordinator, Nzoka Drops Strong Message To Corps Members In Taraba
NDLEA Busts Katsina Wedding Drug Party, Arrests Groom, 25 Others
Jimeta Community Lauds Gov Fintiri On Promised Infrastructure Development
Moment Of Celebration As Prof Domiya Gives Out Daughter In Marriage
M/Belwa Muslim Council Bans Un-Islamic Innovations During Weddings
Adamawa Gets Another Private Varsity, Wisdom Kwati University Demsa
News7 days ago
Don’t Panic Upon Sighting Low Flying Aircrafts, FG Tells Adamawa, Taraba Residents
Security3 days ago
Fresh Attack: How Over 30 People Were Killed In Taraba
Security3 days ago
Deploy Technology To Secure Our Borders – Gov Fintiri Urges NIS
News3 days ago
Gov Fintiri Signs Policy To Guarantee Adequate Water Supply
News1 day ago
Gov Fintiri, Others Celebrate As Adamawa Speaker Weds Heartthrob In Yola
Government2 days ago
Gov Fintiri Presents N225.8bn 2024 Budget To Adamawa Assembly
Government4 days ago
Adamawa Govt Proposes N225.8bn As 2024 Budget
News6 days ago
Rep Boya Appreciates Speaker Abbas For His Emergence As Chair House C’tee On Police