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No Date For Physical Resumption For 2020/2021 Session - UI Registrar

UI, Other Universities Indicted For ‘Budget Padding’

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UI, Other Universities Indicted For ‘Budget Padding’

by InsideOyo
November 20, 2019
in Oyo Campus Gist
0
No Date For Physical Resumption For 2020/2021 Session - UI Registrar

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) Chairman, Prof. Bolaji Owasanoye, has indicted the University of Ibadan, others and some teaching hospitals, Ministries, Departments and Agencies (MDAs) for allegedly padding their budgets .

According to The Nation Newspaper, the agency said University of Ibadan allegedly padded budget to the tune of N558 million.

Other universities include the University of Benin Teaching Hospital (N1.1 billion); Federal Medical Centre, Bayelsa (N915 million); Nnamdi Azikwe University (N907 million); University of Jos (N896 million); University College Hospital Ibadan (N701 million); Usmanu Dan Fodiyo University (N636 million).

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Owasanoye said ICPC saved N2 billion by tracking 255 of 424 constituency projects.

The agency chief recalled that in the past 10 months, the commission has recovered over 250 physical assets valued at N32 billion in seizures, interim forfeiture orders and final orders.

He added that cash recoveries in interim and final orders in Naira and USD amounted to over N3 billion.

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The ICPC chairman urged President Muhammadu Buhari to suspend all indicted public officers under investigation.

UI, Other Universities Indicted For 'Budget Padding'

Owasanoye spoke on Tuesday at a National Summit on Diminishing Corruption in the Public Service and presentation of Public Service Integrity Award at the State House, Abuja.

He said: “Part of our preliminary findings, the summary of which are included in a visual narrative in your folders, revealed gross abuse of personnel budget and inflation or padding of the nominal role. As at the time we went to press, we had covered about 300 MDAs and the amount inflated was about N12 billion.”

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Tags: budget paddingIndependent Corrupt Practices and Other Related Offences Commissionoyo state newsProf. Bolaji OwasanoyeUI news
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InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

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