News

Over N13bn public funds paid into private accounts in 2023

Last year, more than N13.6 billion was paid into private accounts in violation of the country’s Financial Regulations 2009.

The violators include the Office of the SGF, Ministry of Women Affairs, Ministry of Finance, Budget and National Planning and many parastatals, Premium Times investigations disclosed.

Findings showed that the Office of the Special Adviser to the President on Niger Delta paid N4.72 billion into individual accounts of some camp leaders in the Niger Delta where the struggle for oil wealth and agitation against environmental hazards have propelled ethnic militias to pick arms against the state.

For instance, in a total of 10 transactions, Mr Victor-Ben, the ex-militant also known as Boyloaf, received N564.7 million from the office between July and November 2023. According to the transactions’ descriptions, the money was meant for “delegates of Boyloaf camp.”

Related Posts

Leave a Comment

This News Site uses cookies to improve reading experience. We assume this is OK but if not, please do opt-out. Accept Read More