MDA

Office of the Accountant-General of the Federation

Project Location/State

Award Year

2018

Contract Sum

₦₦0.00

Amount Paid

₦₦476,625,502,048.87

Unaccounted

₦₦476,625,502,048.87

Context/Observation

Audit observed from Note 13, ‘Overhead Cost’ to the Consolidated Financial Statements that 151 MDAs exceeded their 2018 Overhead Appropriation by N476,625,502,048.87. There was no evidence of supplementary appropriation or approved virement to support the extra-budgetary spending.

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

The Accountant-General of the Federation is requested to:
i. Justify the non compliance with the provisions of FR 313, and
ii. Provide Justification for the extra budgetary overhead expenditures of N476,625,502,048.87 by 151 MDAs which constituted expenditures incorrectly charged to Votes.
iii. Otherwise, the above expenditure totaling N476,625,502,048.87 is disallowed (FR 417) and consequently, the Officers should be held pecuniary responsible (FR 301).

Executive Action

N/A

Progress Report

N/A

Data Source

2018 Audit Report of FG

Project Gallery

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