News

Permanent secretary risks arrest over SWV, missing N113m

1 Mins read

Senate Committee on Public Accounts has given the Permanent Secretary of the Ministry of Finance 48 hours to provide sensitive documents relating to disbursement of Service Wide Votes (SWV) as well as missing N113 million on salary adjustment for Joint Admissions and Matriculation Board (JAMB) or risk arrest by next week. SWV is also known as Consolidated Revenue Fund Charge.

The Guardian gathered that the committee chaired by Sen. Matthew Urhoghide had written to the ministry on October 20, 2022 (and the letter was received on October 21) to appear and give details of funds released to all Ministries, Departments and Agencies (MDAs), including the police and armed forces.

Another letter was written to the ministry on December 8 concerning the missing N113 million of salary augmentation for JAMB.

While the record from the office of Accountant General of the Federation indicated that the N113 million was released to JAMB in May 2017 for salary augmentation, the ministry was invited to clarify the matter at the committee’s room, yesterday, but the ministry officials failed to appear.

Director of Finance and Accounts in JAMB, Mufutau Bello, claimed that the N113 million was not released to the board, arguing that if the money were released, it would have cut across the whole year.

According to Bello, it will cut across all MDAs using Consolidated Legislative Salary Structure (CONLESS); if there is a shortfall in May, it will spread to the whole year.

Piqued by the absence of the permanent secretary, Urhoghide gave him 48 hours to appear and provide the relevant documents to the committee or risk arrest by next week.

Source: Guardian.ng

   

About author
Time Nigeria is a general interest Magazine with its headquarters in Abuja, the nation’s Capital.
Articles
Related posts
Cover StoryNewsPolitics

Ex-Rep Teejay Yusuf Slams Senate Leadership Over Akpabio-Natasha Feud, Calls for Wisdom and Reconciliation

1 Mins read
A former member representing Kabba-Bunu/ Ijumu Federal Constituency at the House of Representatives Rotaractor Honourable Tajudeen Yusuf (aka Teejay Yusuf) has expressed…
Cover StoryDevelopmentEducationNews

Okelele Secondary School Alumni Mark 40th Graduation Anniversary, Calls for School Development.

3 Mins read
Today, a number of us are professors, academic and medical doctors, engineers, politicians, council chairmen, and union leaders, among others.    —…
Cover StoryEducationNews

Ajao Challenges Old Students of Okelele Secondary School to Give Back to Their Alma Mater

3 Mins read
“It’s about acknowledging that we didn’t get here alone and understanding the power we now hold to uplift those who follow.”  …
Stay on the loop!

Subscribe to our latest news.

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com