Ex ministers others mismanaged 470m cctv funds house of reps
A very specific and interesting topic!
According to reports, the House of Representatives in Nigeria has accused former ministers and other officials of mismanaging a whopping N470 million (approximately $1.3 million USD) meant for the installation of Closed-Circuit Television (CCTV) cameras in the country.
Here are some key points from the report:
- Mismanagement: The House of Representatives' Committee on Public Accounts, led by Hon. Wole Oke, accused former ministers and other officials of mismanaging the funds meant for the installation of CCTV cameras in various government agencies, including the Federal Ministry of Interior, the Nigeria Police Force, and the Federal Road Safety Corps (FRSC).
- 470 million naira: The committee alleged that the officials mismanaged N470 million, which was meant to be used for the installation of CCTV cameras to enhance security in the country.
- Lack of transparency: The committee accused the officials of not providing adequate information on how the funds were utilized, making it difficult to determine whether the funds were used for their intended purpose.
- Recommendations: The committee recommended that the officials involved in the mismanagement of the funds be prosecuted and that the funds be recovered.
- Call for accountability: The committee's report has sparked calls for greater accountability and transparency in the management of public funds in Nigeria.
This is a significant issue in Nigeria, where corruption and mismanagement of public funds are major concerns. The government has been working to improve transparency and accountability in public finance, but cases like this highlight the need for continued efforts to ensure that public funds are used effectively and efficiently.