Audit observed that:
i. The sum of 2,408,708,784.91 (Two billion, four hundred and eight million, seven hundred and eight thousand, seven hundred and eighty four naira, ninety one kobo) was the closing balance of 2018 which was brought forward to 2019 as opening balance, and
ii. The unspent balance was utilized in 2019 contrary to extant regulations.
The Director-General is requested to:
i. Furnish reasons why unspent balances at year end were not remitted to the Treasury as required by extant regulations.
ii. Remit the sum of 2,408,708,784.91 (Two billion, four hundred and eight million, seven hundred and eight thousand, seven hundred and eighty four naira , ninety one kobo) to the Treasury.
iii. Forward evidence of remittance to the Public Accounts Committees of the National Assembly, and
iv. Otherwise, apply sanctions relating to irregular payment and gross misconduct specified in paragraphs 3106 and 3129 of the Financial Regulations respectively.
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