Reps summon Finance Minister, others over $36.1m audit fund


The House of Representatives Committee on Public Accounts (PAC), yesterday, summoned the Minister of Finance, Zanaib Ahmed and the Account General of the federation, Ahmed Idris to appear before it over the application of $36.1 million audit fund.

The Committee issued the summons at investigative hearing into the utilisation of the $36.1 million audit fund, which is loan facility from the World Bank.

Chairman of the Committee, Wole Oke, said it was imperative for the Finance Ministry, the Nigeria Custom Service (NCS), the Federal Inland Revenue Service (FIRS), the Department of Petroleum Resources (DPR) to appear before the Committee to throw more light on the audit fund.

Oke directed the Office of the Accountant General of the Federation to furnish the Committee with a comprehensive report in respect of the $36.1 million audit fund, including details of the processes involved in the hiring consultants.

Director General of the Budget Office, Ben Akabueze, who appeared before the Committee, explained that the sum of $200,000 dollars had already been disbursed to the Office of the Auditor General of the Federation (OAUGF) from the $36.1 million audit fund.

According to Akabueze, the facility had already been captured in Medium Term Expenditure Framework (MTEF) that preceded the 2021 budget.

Earlier, the Director of Fund, Accountant General Office, Sabo Mohammed appealed to the Committee to give him more time to enable the office access the required documents relating to the fund.

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