Business
CACOL Expresses Worry Over Missing N28bn From Federation Account

The Centre for Anti-Corruption and Open Leadership (CACOL) has expressed shock over the inability of the Accountant General of the Federation, Ahmed Idris, to account for over N28 billion remitted to the Federation Account by the Nigeria Customs Service in 2015.
The body, in a statement yesterday by its Executive Chairman, Debo Adeniran, said it was worried over the huge discrepancies in remitted figures between the Nigerian Customs and the Federation Account.
It wondered how the Nigeria Customs Service, (NCS), could have remitted the huge sum of N185 billion to the Federation Account using its automated mechanism whereas only N157 billion was reflected in the records of the Accountant General of the Federation.
According to the CACOL, ” There is something fishy when a representative of the same accountant general who could not present a correct account of the funds remitted into the federation account by the NCS changes his statement to indicate that the N28 billion difference was used as Economic Community of West African States (ECOWAS) Stabilisation Fund”.
“It is also unacceptable that the accountant general of the federation had no documentary evidence to support his questionable claim which could be considered as an afterthought.”
CACOL urged the Senator Matthew Uroghide-led Senate Public Accounts Committee to extend its investigations on the unaccounted N28 billion to the Central Bank of Nigeria and the Federal Ministry of Finance in order to get to the root of this suspicious development.
The anti-corruption body further expressed worry that despite the present Federal Government’s anti-corruption crusade, the accounts of 109 Ministries, Departments, and Agencies of the Federal administration had not been audited for the past seven years.
It also added that the accounts of 76 of these MDAs had not been audited for the past 10 years, while about 160 federal institutions failed to submit their accounts for audit in 2017.
CACOL also hailed the Senate for its effort to enact a new law that would jail any federal official who failed to comply with audit requirements for at least five years.
The centre also urged President Muhammadu Buhari to give adequate support to the Office of the Auditor-General of the Federation by increasing its budgetary allocation as this would be in tandem with the present administration’s anti-corruption campaign.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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