The Nigerian Senate has suspended the 2025 budget defence for the Office of the Auditor-General for the Federation (OAGF) due to the Auditor-General's unpreparedness and discrepancies in budget documents. This suspension may result in zero allocation for the OAGF.
The Nigerian Senat e has suspended the 2025 budget defence for the Office of the Auditor-General for the Federation .The development means the office may get zero allocation, as the Senat e had earlier set Wednesday, January 22, 2025, as the deadline for budget defences.The Chairman of the Senat e Committee on Public Accounts, Senat or Ahmed Wadada, expressed his disappointment with the Auditor-General, S.K Chira, and his team.
To make matters worse, it was discovered that the budget documents being reviewed by the Auditor-General were different from those provided to the committee members. The discrepancy led to anger among the senators, who felt that Chira's lack of preparation was unacceptable.However, Wadada has said the office has a chance of coming back for appraisal.
BUDGET NIGERIA SENAT AUDIT DISCREPANCIES
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Newspaper Headlines: Auditor-general’s report indicts NNPC of N514bn financial infractionsNigeria's independent online newspaper
Read more »
Nigeria's Auditor-General Uncovers N514 Billion Financial Infractions at NNPCNigeria's Office of the Auditor-General for the Federation has discovered at least four financial irregularities totaling N514 billion in the Nigerian National Petroleum Company Limited's (NNPC) operations during the 2021 financial year. These infractions include irregular deductions from domestic crude sales, warehousing of funds, unauthorized deductions, and unsubstantiated payments. The report states that these violations breach the Constitution of the Federal Republic of Nigeria and the 2009 Financial Regulations Act.
Read more »
Nigerian Senate Sets Tentative Date for 2025 Budget PassageThe Nigerian Senate has tentatively scheduled January 31st to pass the 2025 appropriation bill, as announced by Solomon Adeola, chairman of the Senate Committee on Appropriations. The budget, presented by President Bola Tinubu on December 18th, will undergo budget defense from various ministries, parastatals, and agencies.
Read more »
Ex-Nigerian senator emerges new Ohanaeze president-generalThe former senator replaces the immediate past president-general of the Igbo socio-cultural organisation, Fidelis Chukwu, whose tenure ended on Friday.
Read more »
UPDATED: Ex-Nigerian senator emerges new Ohanaeze president-generalThe former senator replaces the immediate past president-general of the Igbo socio-cultural organisation, Fidelis Chukwu, whose tenure ended on Friday.
Read more »
Nigerian Senate Back From Break, Prioritizes Budget, Electoral ReformsNigerian Senate President Godswill Akpabio has outlined the legislative priorities for the new year, emphasizing the importance of passing the 2025 budget and completing electoral reforms. He called on senators to work together, putting aside political differences, to serve the best interests of Nigeria.
Read more »