House of Representatives said it has uncovered what may turn out Nigeria’s biggest fraud yet, accusing the Jonathan administration of spending N16 trillion on its super offices yearly, while the entire country is given a meagre budget of about N4 trillion. The claim was made by the House Public Accounts Committee.
The committee said while the Nigerian government complains of revenue for key projects, the same government has allowed dozens of powerful offices, graded as “statutory and extra-ministerial departments” to spend a minimum of N16 trillion yearly.
The amount spent by the offices are not regulated, audited or appropriated by the National Assembly. Much of the figure are generated by the respective offices and are deployed at the whims of their chief executives.
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