Connect with us

FEATURED

ICPC Indicts Ministries, Others In N400Bn Budget Padding, N50Bn Ghost Workers’ Salaries Scandal

Published

on

NABDA

Prof. Bolaji Owasanoye, the chairman of the Independent Corrupt Practices and Other Related Offences Commission, has exposed shady phoenix projects worth N400 billion that the federal government’s departments, agencies, and ministries stuffed into the 2021 and 2022 budgets.

Owasanoye made the revelation during an interactive session with the Senate Committee on Finance on Thursday at the National Assembly in Abuja in preparation for the 2023 budget.

The ICPC’s boss also stated that N49.9 billion had been set aside for salaries for ghost workers in the first half of 2022.

He claimed that duplicate projects worth N300 billion and N100 billion were added to the budgets for 2021 and 2022, respectively, though he did not specify the agencies in question.

Owasanoye claimed that the government would have wasted billions of naira on fictitious projects if the ICPC hadn’t thoroughly examined the approved budgets for the various MDAs.

He said: “N300bn would have been wasted by the federal government on duplicated projects inserted into the 2021 budget and N100bn for same purpose in the current fiscal year if not tracked and intercepted by ICPC.

Advertisement
Article Banner

“The same pre-emptive move saved the country from spending N49.9bn for salaries of ghost workers put on fictitious pay roll by the fraudulent MDAs between January and June this year.

“Names of MDAs involved in project duplications running into intercepted billions of Naira and fictitious pay rolls are available and will be forwarded to the committee .

“The good thing about the pre-emptive moves made by us is that monies for the fraudulent acts were prevented from being released to the affected MDAs and it’s gratifying that the Finance Ministry and Accountant General Office cooperated with us,” he said.

He urged the National Assembly’s relevant committees to keep an eye out for such project duplication in the N19.76 trillion proposed budget for 2023.

“From our own end, detection of such projects is done by verifying their locations and names, upon which we tell the appropriate authorities not to release wrongly budgeted monies to them,” he added.

The ICPC’s operating expenses would increase from N1.8 billion in the upcoming 2023 budget, according to the committee’s chairman, Senator Solomon Olamilekan Adeola.

Advertisement
Article Banner

 

 

Continue Reading
Advertisement
Click to comment
FEATURED3 hours ago

‎FCT CP to Officers: Stop Extorting or Quit the Force

Defense and Security5 hours ago

‎Oshiomhole Backs Death Penalty for Kidnappers, Bandits in Edo ‎

FEATURED9 hours ago

‎How China-Bound Businesswoman was Nabbed With 7.5kg Cocaine, ₦12.4bn Cannabis at Lagos Airport by NDLEA

FEATURED11 hours ago

‎How Operation KO S’AYE Delivers Major Blow to Kidnappers, Rescues Five Victims in Lagos-Ogun Forests ‎

OPINION13 hours ago

THE HIDDEN COST OF BEING A STUDENT, BY ANGEL EGHAREVBA OSARETIN

FEATURES13 hours ago

State Police: Ekweremadu’s Foresight, Tinubu’s Courage, Mbah’s Example

FEATURED14 hours ago

Oborevwori Hails Police’s Arrest Of Electric Cable Vandals

OPINION1 day ago

WHY NDC MAY NOT BE ON THE BALLOT IN 2027: FACTS NIGERIANS NEED TO KNOW, BY UFUOMA EGBE

NIGER DELTA1 day ago

NIPR, Stakeholders Say Leadership, Accountability Panacea to Nigeria’s Sustainable Development

OPINION1 day ago

THE “JAPA” TREND: ESCAPE OR SURVIVAL, BY OLUCHI IGBOMA

FEATURED1 day ago

How Delta Police Arrested Two Electric Cable Vandals in Ibabu–Ugiliamai Road

possession of firearms
FEATURED1 day ago

‎IGP Launches ‘Operation Kosaye’ to Crush Kidnappers, Clear Lagos-Ogun Forests

FEATURED1 day ago

‎Akpabio Hails Tinubu’s Reforms, Says Nigeria Already Changing Under His Leadership ‎

FEATURED1 day ago

COAS Appoints 2 GOCs, Reshuffles Others to Enhance Nigeria’s Military Effectiveness

secure number one position
FEATURED2 days ago

‎Police Dismiss Report Linking Pastor to Orire Kidnap, Warn Against Fake News ‎

Advertisement
Advertisement

z

   


Article Banner