Feb 6 • 15:40 UTC 🌍 Africa AllAfrica

Nigeria: Reps Summon FCT Area Councils' Officials Over Alleged N100bn Financial Irregularities

Nigerian lawmakers are summoning officials from the Federal Capital Territory Area Councils following an audit revealing over N100 billion in financial irregularities.

Nigerian lawmakers from the House of Representatives have taken action by summoning the leadership of the Federal Capital Territory (FCT) Area Councils after an audit uncovered significant financial irregularities totaling more than N100 billion. The audit was conducted by the Auditor-General specifically for the FCT Area Councils and highlights a range of serious breaches in financial regulations across the six councils: Abaji, Abuja Municipal, Bwari, Gwagwalada, Kuje, and Kwali.

The findings of the audit, which pertain to the financial year that ended on December 31, 2021, were presented to the House Public Accounts Committee (PAC). The report emphasizes issues such as the councils' failure to remit statutory deductions, inadequate asset management, and a lack of satisfactory accountability for various expenditures. Additionally, the report indicates that the councils had outstanding liabilities amounting to approximately N7.6 billion, raising concerns about financial governance in the region.

This development has significant implications for governance and public accountability in Nigeria, particularly in view of the financial challenges faced by local governments. The summoning of the council leaders suggests a growing responsiveness among the legislative body to address and rectify mismanagement of public funds. This case may also influence future financial audits and regulations in the country as scrutiny over local government finances increases.

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