THE Veterinary Council of Nigeria failed to remit N480 million to the federal government’s coffer between 2018 and 2019, the 2019 Auditor-General report has shown.
The Council is among scores of federal government agencies exposed by the audit for contravening extant laws for managing funds generated or allocated by the government to their institutions.
The Council must provide reasons for the infractions before relevant authorities, return the funds to the government treasury, or face sanctions; the Auditor-General for the Federation, Adolphus Aghughu, who supervised the audit, said.
In addition to the sanctions, the audit lampooned the Councils management for letting the nation lose the funds.
Aghughu signed the audit report titled, ‘Auditor-General for the Federation’s Annual Report on Non-compliance/Internal Control Weaknesses Issues in Ministries, Departments and Agencies (MDAs) of the Federal Government of Nigeria for the Year Ended December 31 2019.’
The ICIR had reported how the Nigerian Customs Service failed to remit N125 billion into the Federation’s Account and how heads of MDAs could not account for N377 billion and another $100,000.
Besides, this newspaper reported how the House of Representatives could not account for N2.5 billion running cost and how theft and illegal arms sales to criminals contribute to missing 178,459 ammunitions in the country’s Police Force.
