An audit report has revealed financial irregularities totaling over N4.6 billion in the Federal Ministry of Works (Housing Sector).
The findings, part of the Auditor-General for the Federation’s Annual Report, highlight significant lapses in internal controls and non-compliance with financial regulations and procurement laws.
The audit, covering activities between 2020 and 2021, identified issues such as payments made without proper documentation, extra-budgetary expenditures, and contracts awarded without following due process.
Notably, N1.08 billion was paid from the Government Integrated Financial Management Information System account without the required payment vouchers.
The report has recommended that the Permanent Secretary justify the payments, recover the funds, and remit them to the Treasury. It also called for evidence of compliance to be submitted to the National Assembly’s Public Accounts Committees.
Get instant and latest news updates via our WhatsApp Community, X/Twitter, or Google News online channel.