29 Jun 2021
The Senate, yesterday, indicated that the management of the Nigeria Social Insurance Trust Fund (NSITF) misappropriated about N84 billion within four years.
5 Apr 2021
Financial Reporting Council (FRC) has been queried over extra-budgetary expenditure to the tune of N258 million on personnel cost in the agency’s 2017 approved budget
25 Mar 2021
The Senate Committee on Public Accounts has ordered former Executive Secretary of the Financial Reporting Council of Nigeria (FRC), Jim Obazee, to refund N94 million to the Federation Account.
27 Dec 2020
The Senate has begun debate on a query issued to the Ministry of Power by the Auditor General over the N7b allegedly smuggled into the Ministry’s budget without appropriation by the National Assembly.
21 Nov 2019
The Senate yesterday accused anti-corruption agencies in the country of failing to audit their accounts in the last 20 years. It warned all agencies of government including those under the presidency that henceforth all funds allocated must be accounted for.
10 Apr 2019
The Senate yesterday passed the 2019-2021 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) of the Federal Government prior to the passage of the N8.83 trillion 2019 budget.
23 Jul 2018
The renewed face-off between President Muhammadu Buhari and the National Assembly over who calls the shot on budget matters could jeopardise the conduct of next year’s general elections.
19 Jan 2018
The Senate revealed yesterday that the presidency failed to make its accounts available for auditing in the last ten years.