• Latest
  • Trending
ICPC: University Of Calabar Dean,  Francisca Bassey Docked For N20.6m  Fraud

How We Block N189bn Surplus Personnel Cost From Being Diverted- ICPC

March 14, 2022
Police Rescue 10 Abducted NYSC Members As Search Continues

Police Rescue 10 Abducted NYSC Members As Search Continues

October 2, 2026
Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

October 2, 2026
Obi Questions Tinubu’s Move To Block Records In Foreign Court

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

October 2, 2026
Family, friends gather for Olu Jacobs funeral in Lagos

Family, friends gather for Olu Jacobs funeral in Lagos

October 2, 2026
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

October 2, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Friday, October 2, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home News

How We Block N189bn Surplus Personnel Cost From Being Diverted- ICPC

by Present Nigeria
March 14, 2022
in News
0
ICPC: University Of Calabar Dean,  Francisca Bassey Docked For N20.6m  Fraud
25
SHARES
50
VIEWS
FacebookTwitterWhatsappTelegram

The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, SAN, has revealed how the Commission’s advisory to the government helped to block N42 billion personnel cost from being diverted.

He further disclosed that in 2020, the Commission issued another advisory to the Federal Ministry of Finance to restrain the sum of N147 billion through the issuance of a negative warrant as a result of surpluses found in MDAs personnel cost funds.

RelatedPosts

Police Rescue 10 Abducted NYSC Members As Search Continues

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

The Chairman made the disclosure while addressing the House of Representatives Hearing Committees on Anti-Corruption and Public Service Matters to Investigate the High Level of Corruption on Nominal Rolls of MDAs in the Country.

“In 2019 we reviewed 208 agencies that are funded from the public treasury and we found out that there were huge surpluses of personnel cost after the payment of salaries and wages. Based on these findings, about N42 billion unspent surplus allocation was blocked based on our advisory to government,” the Chairman said.

Continuing, he disclosed that “In 2020, the Commission advised the Hon. Minister of Finance, Budget and National Planning to mop-up N147 billion through what is called the negative warrant to forestall further misapplication of excess funds that we found in MDAs account’’.

Professor Owasanoye added that the fallout of the System Study and Review conducted by ICPC over the years had helped the Commission discover certain information that could help it carry out either preventive or enforcement measures, which would ultimately lead to reforms.

According to him, “Over the years we had conducted system study and review pursuant to Section 6 b-d of the enabling Act of the Commission and what we look at the structure, the administrative, financial, and governance issues in the public sector agencies’’.

‘Of course, this could be extended to the non-public sector agencies but the main focus is the public sector agencies. We look at the systems and the processes not necessarily the persons.” He added.

“The outcome of such reviews always results in some reform measures besides recovery. Sometimes we give advisory to government based on what we have found.” He further said.

While fielding questions from the lawmakers, the ICPC boss spoke on how investigations had implicated the University College Hospital, Ibadan, and the Federal Ministry of Labour and Employment as being complicit in nominal roll padding.

Earlier in his welcome remarks, Co-Chairman of the Committees, Hon. Musa Dachung Bagos who represented the Chairman, House Committee on Anti-Corruption, Hon. Nicholas Shehu Garba, explained that the public hearing was as a result of a motion that was brought before the House of Representatives to investigate nominal roll in all MDAs.

He pledged the commitment of the Green Chamber to take the assignment serious to ensure that Nigerians get value for the funds appropriated by the National Assembly for personnel cost.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share10Tweet6SendShareShare2
Previous Post

EFCC Receives Five Alleged Oil Thieves, Truck, Tugboat from Navy in Port Harcourt

Next Post

Many Terrorists Killed, 380 Cattles Recovered As Niger Govt Reviews Security Architecture

Related Posts

Police Rescue 10 Abducted NYSC Members As Search Continues

Police Rescue 10 Abducted NYSC Members As Search Continues

October 2, 2026
Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

October 2, 2026
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
Next Post
Abductors of Niger Islamiyya Students Demand N110m Ransom

Many Terrorists Killed, 380 Cattles Recovered As Niger Govt Reviews Security Architecture

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Police Rescue 10 Abducted NYSC Members As Search Continues

Police Rescue 10 Abducted NYSC Members As Search Continues

October 2, 2026
Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

October 2, 2026
Obi Questions Tinubu’s Move To Block Records In Foreign Court

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

October 2, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d