In News by Oluwaseun Samuel on the 29th, September, 2020

N2.67bn For Faculty Feeding Programme Discovered In Non-public Accounts

N2.67bn For School Feeding Programme Found In Private Accounts




The Impartial Corrupt Practices and different associated offences Fee, ICPC has claimed it has discovered a whopping N2.67bn of funds meant for varsity feeding programmes stashed in personal financial institution accounts.


The surprising revelation was made on Monday throughout its second Nationwide Summit on Corruption on the Presidential Villa in Abuja.


Prof Bolaji Owasanoye, Chairman of the fee, stated the cash was meant to feed kids in federal faculties across the nation throughout the COVID-19 lockdown.


He added that ICPC additionally found over N2.5bn appropriated by a deceased senior civil servant within the Ministry of Agriculture for himself and accomplices.


Some 18 buildings, 12 enterprise premises and 25 plots of land have been additionally recovered in the identical ministry.


Owasanoye stated underneath Open Treasury Portal assessment carried out between January to August 15, 2020, out of 268 ministries, departments and agendas, 72 of them had cumulative infractions of N90m.


He stated whereas 33 MDAs tendered explanations that N4.1bn was transferred to sub-TSA, N4.2bn paid to people had no passable explanations.


“We noticed transfers to sub-TSA have been to stop disbursement from being monitored. However, we found funds to some federal faculties for varsity feeding within the sum of N2.67bn throughout lockdown when the kids are usually not in class, and a number of the cash ended up in private accounts. Now we have commenced investigations into these findings,” he stated.


He added that underneath its 2020 constituency and government tasks monitoring initiative, 722 tasks with a threshold of N100m (490 ZiP and 232 government) have been tracked throughout 16 states.

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The ICPC boss additional disclosed that within the schooling sector, 78 MDAs have been reviewed and customary circumstances of misuse of funds have been uncovered.


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