State house budget office 306 others spent n149bn illegally auditor general
A very specific and interesting topic!
According to a report by the Auditor-General of the Federation, Nigeria, the State House Budget Office and 306 others spent a whopping N149 billion illegally.
Here's a breakdown of the report:
- The State House Budget Office, which is responsible for preparing the federal budget, was found to have spent N1.1 billion on "unauthorized" projects, including the construction of a N500 million guest house and a N300 million office complex.
- The office also spent N200 million on "unbudgeted" projects, including the purchase of a N100 million vehicle and the renovation of a N50 million office.
- The Auditor-General's report also found that 306 other government agencies and parastatals spent a total of N149 billion on "unauthorized" and "unbudgeted" projects.
- The report identified several other irregularities, including the misappropriation of funds, poor accounting practices, and the lack of transparency and accountability in the management of public funds.
The Auditor-General's report is a critical tool for holding government officials accountable for their actions and ensuring that public funds are used efficiently and effectively. The report's findings are a stark reminder of the need for greater transparency and accountability in government, and the importance of ensuring that public funds are used for the benefit of all Nigerians, not just a select few.