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Senate Queries MDAs State House, Over N969bn “Intangible Assets” In The 2019 Budget

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The Senate through its Public Accounts Committee has queried the State House and 557 Ministries, Departments, and Agencies over the failure to account for N969 billion “intangible assets” in the 2019 budget.

This revelation is contained in the 2019 Annual Report of the Auditor-General of the Federation being considered by the Senate Public Accounts Committee.

Members of the panel, chaired by the vice-chairman of the committee, senator Ibrahim Hadeija while considering the report, lamented the humongous amount categorised as Intangible Assets in the 2019 budget as captured in the Auditor-General of the Federation’s report.

The report read, “Audit observed from a review of notes 36 and 36A (Intangible Asset) to the FGN’s Consolidated Financial Statement that the sum of N969 Billion was categorised under Notes 36A as Intangible Assets without a schedule showing the classification/nature of the intangible assets contrary to the provision of the International Public Sector Accounting Standard) 31.

“There was no disclosure to enable the audit to confirm which of the Intangible Assets has finite and infinite life, and bad for a determination whether amortisation should be or not.”

The representative of the Accountant-General of the Federation, Shuaibu Sikiru, said the template would be redesigned to accommodate the observation in subsequent years.

Among the 558 agencies are the State House, Bureau of Public Enterprises, Bureau of Public Procurement, National Population Commission, Federal College of Forestry, Ibadan, Federal College of Forestry, Jos, National Orientation Agency, Bureau of Public Service Reforms and Nigeria Police Academy, Wudili.

Others are the Federal Civil Service Commission, Office of the National Security Adviser, Federal Ministry of Interior, Nigeria Immigration Service, Federal Fire Service, Police Formation and Command, Headquarters, Nigeria Security and Civil Defence Corps, Office of the Head of the Civil Service of the Federation, Federal Government Staff Housing Loans Board, Federal Training Center, Ilorin, Office of the Economic Adviser to the President and the National Broadcasting Commission.

Also, Voice of Nigeria, Nigerian Film Corporation, National Theatre, Federal Ministry of Information, Headquarters, News Agency of Nigeria, Administrative Staff College of Nigeria, and many others.

It was gathered that the National Assembly last week passed the Federal Audit Service Bill which prescribes, among others, a five-year jail term for accounting officers, who prevent the office of the Auditor-General for the Federation from accessing their account books.

The chairman, Senate public accounts committee, Matthew Urhoghide, told journalists that the proposed legislation sought to strengthen the office of the Auditor-General for the Federation.

He said, “The office is supposed to check systemic corruption in Nigeria by checking all expenditures of the ministries, departments and agencies of government as provided for by Section 85 of the constitution.

“The second aspect of the bill is the establishment of the Federal Audit Commission. An audit is a very peculiar department, but right now, we have those who did not study accounting being employed and working in the Audit House probably for political reasons.

“The commission will be responsible for the recruitment of proper staff that would be able to audit the accounts of the over 797 federal agencies.

“The least penalty we have in the bill for an individual is five-year imprisonment or a fine of N5m or both.

BIG STORY

Inside Jigawa: One Dead, Groom Hospitalised As Bride Allegedly Poisons Wedding Guests

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A wedding in Jigawa State has turned tragic after a bride allegedly poisoned food served at the reception.

The incident reportedly left the groom critically ill and one of the wedding guests dead.

The incident occurred in the Jahun Local Government Area of the state.

Eyewitnesses suggested that the bride’s actions may have been driven by a personal vendetta.

Speaking on Friday, the state Police Public Relations Officer, Shi’isu Adam, confirmed the incident and stated that an investigation was underway.

“We received a report that the bride had tainted the food served at the wedding reception, leaving the groom critically ill.

“Police have arrested two suspects in connection with the alleged food poisoning incident that occurred during a wedding ceremony in the state,” Adam said.

He revealed that the two suspects are the bride and another female, adding that they are in custody and being interrogated by the Criminal Investigation Department of the command.

The police spokesperson added, “We will do everything in our power to ensure that justice is served.”

According to the police spokesman, all the wedding attendants who consumed the poisoned food have been discharged from the hospital, except for the one person who was confirmed dead.

“The command is currently investigating the circumstances surrounding the incident, and we will provide more details as soon as possible.

“For now, we can confirm that the incident occurred, and we are working tirelessly to unravel the facts. We urge the public to remain calm and assured that justice will be served,” he concluded.

The identities of the deceased, the groom, and other victims have not been disclosed by the authorities.

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BIG STORY

Peter Obi Hellbent On Inciting Nigerians Against President Tinubu, He’s A Doomsayer — APC

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The All Progressives Congress (APC) has described Peter Obi’s New Year message as “misleading and an attempt to score cheap political points.”

Obi, who was the presidential candidate of the Labour Party in the 2023 elections, used his New Year message to criticize President Bola Tinubu, expressing grave concerns over institutional corruption, mismanagement, poverty, hardship, and an escalating debt profile.

The former governor of Anambra stated that corruption has been deeply entrenched in government and nepotism has become the norm under Tinubu’s leadership.

He also demanded “vigorous, positive actions” from the administration to bring succour to Nigerians.

However, in a counter-statement on Thursday, Felix Morka, APC spokesperson, stated that Obi’s assessment contradicted all indicators showing that the nation’s economy is rebounding across various sectors.

Morka accused Obi and members of the main opposition Peoples Democratic Party (PDP) of relentlessly trying to incite public outrage against the Tinubu administration.

The APC further accused Obi of portraying himself as “a leading doomsayer, omniscient and philosopher’s stone” while failing to deliver “meaningful achievements during his eight-year tenure as governor in Anambra state.”

“In reality, 18 months later, the economy, under President Bola Ahmed Tinubu’s administration has shown a steady record of progress,” the statement reads.

“Despite these and other initial beneficial outcomes of ongoing reforms, the administration is doubling its effort to ensure their fullest benefits for the transformation of our country.

“It is a thing of irony that Obi, who now arrogates to himself to be omniscient and philosopher’s stone, when it comes to our nation’s challenges, left no record of significant achievement, let alone transformation of any kind, in his eight-year tenure as Governor of Anambra State.”

“Like his co-travellers in the PDP, Obi’s obsessive pessimism and endless but futile effort to incite public outrage against the administration is borne out of the realization that Tinubu is unwittingly cementing their political irrelevance by his visionary and full-throttle reform.”

“Under the banner of the Renewed Hope Agenda, President Tinubu is dutifully turning our nation’s fortunes around. We urge Nigerians to remain confident of better days ahead.”

The ruling party added that Tinubu’s goal is to reduce inflation from 34 percent to 15 percent in 2025.

“With the vigour in the administration’s war on corruption, evidenced by ongoing investigations and trial of well-heeled Nigerians, Obi’s pontification on the urgent need to tame corruption is a clear case of carrying coal to Newcastle,” the party added.

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BIG STORY

Five Arrested As Police Bust Female-Led ‘Phone-snatching Syndicate’ In Kano

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The Kano state police command has announced the arrest of members of a female-led phone-snatching syndicate operating within the Kano metropolis.

In a statement released on Thursday by Haruna Kiyawa, the police spokesperson in Kano, five members of the group, including its leader, 19-year-old Shamsiyya Adamu, were apprehended.

Kiyawa stated that Adamu was arrested on December 21, 2024, following reports of stolen mobile phones in Unguwa Uku Quarters, Kano.

He named the other suspects as “23-year-old Idris Yusuf, a tricycle rider who aided in transporting the principal suspect to commit crimes; Al’asan Dahiru, 24, who specialised in disposing of stolen items for the principal suspect; Abdulmajid Haruna, 27, who was buying stolen properties; and Salim Auwalu, 21, who was in charge of swindling money from victims’ bank accounts.”

“In the year 2024, the Kano State Police Command received numerous reports from residents of Kano Metropolis about a young lady who steals mobile phones from residential houses,” the statement reads.

“The reports indicated that the suspect was using a tricyclist and a cybercriminal to aid in her operations. The State Commissioner of Police, CP Salman Dogo Garba, raised a special intervention squad, and the principal suspect was arrested on December 21, 2024.

“The syndicate, led by Shamsiyya, specialised in stealing mobile phones from residential houses, using a tricyclist and a cybercriminal to aid in their operations. The suspects would deceive housewives, steal their mobile phones, and swindle money from their victims’ bank accounts.”

“Six mobile phones have been recovered so far, and efforts are ongoing to recover more stolen phones. Thirty complainants, including 29 females and 1 male, have lodged complaints against Shamsiyya, who confessed to stealing their mobile phones on various occasions in 2024.

“Anyone with a complaint against the suspects can contact the investigation team at 08032617800.”

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