Auditor-General Uncovers N3.62bn Irregularities at NAPTIN
The Office of the Auditor-General for the Federation flagged N3.62bn in financial irregularities at the National Power Training Institute of Nigeria (NAPTIN) in Abuja. The findings are part of the Auditor-General’s 2024 Annual Report on Non-compliance, covering transactions from January 1, 2022, to December 31, 2023.
Key issues include N2.77bn from the sale of bid documents and tender fees that were not remitted to the Consolidated Revenue Fund as mandated by government regulations. Additionally, there was a lack of evidence for bid-purchase transactions through Remita due to missing documents.
The report also highlighted N547.21m paid for various store items across 11 transactions without proof of delivery or Store Receipt Vouchers. The auditors expressed concerns that payments may have been made for goods not supplied and recommended that NAPTIN’s director-general be held accountable to the National Assembly’s Public Accounts Committees for the funds and ensure recovery and remittance to the Treasury.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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