Politics
Senate Queries FRC Over N258m Extra-Budgetary Expenditure
The Senate Committee on Public Accounts has queried the Financial Reporting Council (FRC) over the extra-budgetary expenditure of N258 million on personnel cost in the agency’s budget for 2017 fiscal year.
The committee, chaired by Senator Mathew Urhoghide, hinged the query on 2018 Audited Report prepared by the Office of the Auditor General of the Federation (AuGF) which is being considered by the National Assembly.
The query read: “We observed from audit, that the Council incurred the sum of N339,834,586.00 as against N81,245,107.00 contained in the 2017 approved budget. This resulted in an extra budgetary expenditure of N258,589,479.00 on personnel cost.
“This non-compliance with the Appropriation Act was due to the failure of the Executive Secretary to seek approval for supplementary budget from the appropriate authorities, that is, through the Ministry of Finance and National Assembly.”
But, the Executive Secretary of FRC, Daniel Asapokhai, in his response, said for the year 2017, the sum of N81 million was appropriated as government subvention for personnel cost for the council, and the amount was to augment the council’s personnel cost for the fiscal year.
“The Council customarily prepare its budget at the beginning of every year detailing both Internally Generated Revenue (IGR), and government subvention. This is usually sent for approval before implementation. The Council has an approved salary structure which it pays from the IGR. The amount refrenced by the Auditors as over expenditures not approved was staff salary funded via IGR which is contained in the approved budget,” he explained.
The committee has, therefore, asked the council to present the approval for N258 million extra-budgetary expenditure by the National Assembly.
The FRC executive secretary has promised to send the document backing the expenditure to the Senate Committee for perusal and necessary action.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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