Afriupdate News
Sunday, October 5, 2025
  • Home
  • NewsNew
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News TipGot Tips?
GET NEWS ALARTS
No Result
View All Result
Sunday, October 5, 2025
Afriupdate News
No Result
View All Result
Afriupdate News
No Result
View All Result
ALERTS
  • News
  • Headlines
  • Sports
  • Business
  • Features
  • Life
  • Sports
  • Technology
ADVERTISEMENT
Home News Nigeria

Senate blames loss of N1tr on non-execution of audit reports

Abraham by Abraham
May 11, 2023
in Nigeria
0
Senate blames loss of N1tr on non-execution of audit reports
Nigerian Senate

• Over N46b grants for schools not accessed by states, says UBEC

The Senate, yesterday, said about N1 trillion has been lost to delay by the executive arm of government in executing the chamber’s report against agencies that breached financial regulations.

Vice Chairman of Public Accounts Committee, Senator Hassan Hadejia, who briefed journalists after a plenary session, said a bill is being put together to curb the delay.

He said: “The total money we have recovered, so far, and which we have said should be refunded, amount to over N1 trillion.

MORE FROM AFRIUPDATE

Nigerian Senate PHOTO: Facebook/Nigerian Senate/TopeBrown

Senate to amend its Standing Rules

December 8, 2021
Nigerian Senate PHOTO: Twitter

Senate confirms Ogan, Ahmed, others as NPRA board members

October 7, 2021
Senate President Ahmed Lawan. Photo: TWITTER/DRAHMADLWAN/TOPEBROWN

Senate confirms EFCC board nominees, plays tertiary Hospital Development Fund bill

October 5, 2021
Nigerian Senate PHOTO: Twitter

Senate passes bill to establish Federal Medical Centre in Ebonyi

September 29, 2021
ADVERTISEMENT

“We have submitted our reports to the executive arm of government. But up till now, we have not even got an acknowledgement from the executive.”

He added: “The report we submitted is sacrosanct. There’s nothing to add or remove. We have been able to identify those who misappropriated government funds and we have also traced where the money is. We have recommended that the money be retrieved. But up till today, nothing has been done.”

Also, Universal Basic Education Commission (UBEC) has said over N46 billion matching grants for development of public primary and junior secondary schools have not been accessed by some state governments.

Acting Executive Secretary, Prof. Bala Zakari, stated this during an oversight visit to the Commission by the Senate Committee on Basic and Secondary Education, in Abuja, yesterday.

ADVERTISEMENT

Presenting the 2022 capital budget implementation report, Zakari said N162 billion was allocated to states as Universal Basic Education (UBE) grants between 2019 and 2022 while N116 billion was accessed by 36 states and the Federal Capital Territory (FCT).

He said: “The sum of N46 billion is the total of un-accessed UBE matching grants, as of April 30, 2023, by the 36 states and the FCT.

“Between 2019 and 2022, N162 billion was allocated to the states, being UBE grants. As of April 30, 2023, N116 billion was accessed by 36 states and the FCT, representing 71.52 per cent as of April 30, 2023. As at the time of reporting, only 11 states accessed 2022 matching grant funds.”

He disclosed that in 2019, 35 states and the FCT accessed 2019 allocation, with one state (Anambra) yet to access the grant as of April 30, 2023.

For 2020, he said: “Thirty states and the FCT accessed matching grants. Six states -Abia, Adamawa, Anambra, Ebonyi, Kwara and Ogun – are yet to access 2020 UBE matching grants as of April 30, 2023. Twenty-nine states have accessed 2022 matching grants projects, while seven states and the FCT are yet to access 2022 UBE matching grants as of April 30, 2023.

“In 2022, 11 states – Bayelsa, Cross River, Delta, Ekiti, Jigawa, Kaduna, Kano, Nasarawa, Ondo, Taraba and Zamfara – accessed 2021 UBE matching grants. Twenty-five states and the FCT are yet to access 2022 UBE grants as of April 30, 2023.”

Earlier, the Chairman, Senate Committee on Basic and Secondary Education, Ibrahim Gaidam, said it was important to ensure money released by the government is used for the intended purpose.

Gaidam, who was represented by Vice Chairman of the Committee, Akon Eyakenyi, said the visit was to also confirm implementation of the 2022 budget of the Commission and proposal for 2023.

The committee stressed the need for state governors to key into UBEC projects by accessing funds to shore up the nation’s basic education sector.

Follow our socials Whatsapp, Facebook, Instagram, Twitter, and Google News.

Related topics: Audit ReportsNigerian Senate
ShareTweetSendShare
ADVERTISEMENT
Next Post
Presidential Election Petitions Tribunal. PHOTO: ChannelsTV

Court adjourns Obi’s petition against Tinubu’s victory to May 17

Golden Eaglets celebrating a goal against South Africa in their last group game of the ongoing Algeria 2023 African U-17 Cup of Nations.

Africa U-17 Championship: Golden Eaglets upbeat as Nigeria, Burkina Faso clash in quarterfinals

(Getty Images)

Biden administration announces plan to curb emissions from power plants

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • About Us
  • Contact us
  • Advertisement
  • Privacy Policy

© 2023 Afriupdate News. All Rights Reserved

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
No Result
View All Result
  • Home
  • News
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News Tip

© 2023 Afriupdate News. All Rights Reserved