Home World News Nigeria News Nigeria news : Senate laments lopsided budgetary allocation as EFCC gulps N104.543 billion in 4 years
Nigeria News

Nigeria news : Senate laments lopsided budgetary allocation as EFCC gulps N104.543 billion in 4 years

Share
nigeria news senate laments lopsided budgetary allocation as efcc gulps n104 543 billion in 4 years
Share
nigeria news senate laments lopsided budgetary allocation as efcc gulps n104 543 billion in 4 years

Senate Committee Chairman on Public Accounts, Senator Mathew Urhoghide has lamented the lopsidedness in budgetary allocation to Ministries, Departments, and Agencies, MDAs, by the Budget Office.

He raised the concerns on Tuesday at the 2021 budget hearing of the Office of the Auditor General of the Federation, where the Committee discovered low allocation, while other agencies have oversized budgets to spend in 2021.

The Committee specifically identified the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC) as agencies commanding huge budgets to the detriment of agencies like the Office of the Auditor General of the Federation which is meant to audit over 600 agencies of government.

The Chairman explained that the Parliament approved the sum of N104,543,900,280 for EFCC including its 2021 appropriation before the National Assembly.

He said the Office of the Auditor General of the Federation spent the sum of N15,192,654,063, saying that “Buhari government deliberately weakened the agency to reduce its capacity to audit MDAs’ accounts.

Urhoghide’s complaints were further deepened by the budgetary allocation of the sister anti-graft Independent Corrupt Practices Commission with a budgetary allocation of N30.111 billion in four years including its 2021 appropriation before the National Assembly.

The lawmaker said: “That it is an irony that while the Office which is constitutionally established to ensure transparency in the management of public funds of the Federation is having a reduced allocation, while similar agencies established to achieve a fraction of this objective are being well funded through incremental budgetary allocations”, he said.

Reacting to the interrogation by the panel, Director General of the Budget Office, Ben Akabueze explained that the office was constrained by the template handed over to them by President Muhammadu Buhari administration.

Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Latest Posts

Related Articles
How Beverly Osu’s assault allegations ruined my marriage, career - Rapper 2Shotz opens up
Nigeria News

When One Moment Changed Everything: 2Shotz on Accusations, Loss, and Recovery

Veteran Nigerian rapper William Orioha, popularly known as 2Shotz, has spoken candidly...

BBNaija Season 10: Sultana becomes interim Head of House for week six
Nigeria News

Sultana Takes Interim Head of House in Week Six — A Twist in Big Brother Naija Season 10

Big Brother Naija season ten contestant, Sultana, has become the interim Head...

VDM accuses Nigerian govt, influential corporations of hypocrisy over death of Phyna's sister
Nigeria News

Quiet Until It’s Too Late: A Reaction to Ruth Otabor’s Death and What It Reveals

Nigerian activist, Martins Vincent Otse, widely known as Verydarkman, has reacted to...

Doctors said I wouldn’t live up to 35 years – Pastor Korede Komaiya
Nigeria News

I Was Told I Wouldn’t Reach 35 — But Here I Am at Almost 55

Pastor Korede Komaiya, Founder of The Master’s Place International Church, has shared...