MDA

Federal Medical Centre Owo, Ondo State

Project Location/State

Award Year

2019

Contract Sum

₦₦0.00

Amount Paid

₦₦0.00

Unaccounted

₦₦11,589,206.54

Context/Observation

1. The Centre realized a total of N46,356,826.16 (Forty-six million, three hundred and fifty-six thousand, eight hundred- and twenty-six-naira, sixteen kobo) in 2019 financial year as non-revolving Internally Generated Revenue (IGR),
2.There was no evidence of remittance of 25% of the IGR amounting to N11,589,206.54 (Eleven million, five hundred and eighty-nine thousand, twohundred- and six-naira, fifty-four kobo) by the Centre as required by extant regulations.

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

1.Furnish reasons why 25% of IGR was not remitted to the Treasury as required by extant regulations.
2. Remit the sum of N11,589,206.54 (Eleven million, five hundred and eighty-nine thousand, two hundred- and six-naira, fifty-four kobo) plus all accrued interest to the Treasury.
3. Forward evidence of remittance to the Public Accounts Committees of the National Assembly, and

Executive Action

N/A

Progress Report

N/A

Data Source

2019 Non compliance Audit report of the FG

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