The Federal Government has uncovered a fresh N3.3 trillion scandal allegedly involving the Office of the National Security Adviser (ONSA) under Col Sambo Dasuki (rtd), the Nigerian National Petroleum Corporation (NNPC), the Central Bank of Nigeria (CBN) and other key agencies.
According to a report submitted by the Accountant General of the Federation, Samuel Ukura to the Clerk of the National Assembly, Salisu Makaisuwa on Monday, also involved in the scandal were Police Service Commission, (PSC), Nigeria Port Authority (NPA), Petroleum Equalisation Fund (PEF) and the Nigerian Prison Service (NPS).
According to the AGF, these agencies were involved in some questionable financial transactions involving several billions of naira which in some cases had nothing to do with their respective mandates.
Ukura, in the report said the N3.2 trillion realised from sales of crude oil was not remitted to Federation Account Allocation Committee (FAAC) by the NNPC and the CBN.
”Instead, the sum of N36 billion was released to the Office of the National Security Adviser for the rehabilitation and construction of Dams instead of the Federal Ministry of Water Resources.
“The Sum of N2.9billion was spent for the procurement of hand sanitizer for schools and critical public places.
“The sum of N31 billion was released for the payment of subsidy on fertiliser and youth employment in Agriculture programme.
“The sum N2.4 billion was payment for group life Assurance Premium for Armed Forces Budget in 2013 but not cash backed.
”The sum of N500 million was payment for schools Agricultural programmes.
“From examination of NNPC mandates to CBN on domestic crude Oil sales and reconciliation statement of Technical Sub-committee of Federation Allocation Committee meeting held in January 2014, amount not remitted to FAAC was N3.2 trillion.
“Review of sales profile on sales of Gas to Nigeria Liquefied Natural Gas(NLNG) was not paid to the Federation Account but transferred to some undisclosed Escrow Accounts. Relevant documents were not made available for verification,” the report said.
