How Federal Government Ministries and Agencies Increased Budget 2021,2022 with 300 Billion Naira, Says ICPC

  • The head of the Independent Corrupt Practices and Other Related Offenses Commission said the agency had uncovered massive fraud in the 2021 and 2022 budgets.
  • Bolaji Owasanoye said around N49.8 billion has been budgeted for ghost worker wages by various ministries and government agencies in the 2021 budget.
  • He added that around 300 billion naira had been inserted into the budget and discovered to be for duplicate projects, while the 2022 budget contained 100 billion naira allocated for repeat projects.

The Independent Corrupt Practices and Other Related Offenses Commission revealed on Thursday, September 15, 2022 that the N13.59 trillion budget for 2021 has been heavily inflated by various Ministries, Departments and Agencies (MDAs) with fraudulent drafts of worth N300 billion.

The Punch reports that the chairman of the anti-corruption agency, Professor Bolaji Owasanoye, revealed this during a meeting with the Senate Finance Committee.

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CPIC, budget, 2021 and 2022
ICPC uncovers massive fraud
Source: Getty Images

Padded project detected in two budget cycles

Owasanoye also said that around 100 billion naira of projects were inserted into the 17.12 trillion naira budget for 2022 by some MDAs, and 49.9 billion naira were tracked as wages for non-existent workers between January and June of last year.

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He explained that they tracked the duplicate projects of 300 billion naira in last year’s budget and the 100 billion naira in this year’s budget through a review done on approved projects for different MDAs.

According to the ICPC boss, 300 billion naira would have been wasted by the Nigerian government on fraudulent projects in the 2021 budget and 100 billion naira for the same reason this year, if they had not been followed by the ‘ICPC.

Ghost workers will receive N49.9 billion in wages

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The same move, he said, saved Nigeria from spending N49.9 billion on salaries of ghost workers put on mythical payrolls by fraudulent MDAs in the last six months of this year.

Owasanoye said guilty MDAs would be handed over to the committee.

Owasanoye noted that the names of the MDAs involved in the project duplications were available and would be forwarded to the committee.

He asked the competent committees of the National Assembly to be vigilant and pay attention to such projects in the draft 2023 budget.

The projects were discovered by verifying their locations and names and notifying the relevant authorities not to disburse them with wrongly budgeted funds.

ICPC finds N540m in account of primary school teacher with salary of N76,000, court makes firm ruling

Legit.ng reported that the Independent Corrupt Practices and Other Related Offenses Commission (CIPC) on Thursday, July 28, announced that it had found a total of N540 million in the account of a public primary school teacher with a salary of N76,000.

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Premium Times reports that the Federal High Court sitting in Abuja has also ordered the final forfeiture of N120 million attributed to the teacher, Roseline Egbuha, who teaches at Ozala Primary School, Abagana, State of ‘Anambra.

A statement from the commission’s spokesperson, Azuka Ogugua, said the court headed by Judge DU Okorowo also ordered the confiscation of cars traced to Egbuha and some of his accomplices in money laundering activities.

Source: Legit.ng

Ashley C. Reynolds