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Nigerian MDAs Faces Irregular Payments totaling N197.72bn for Unexecuted Contracts
Nov 24, 2024•over 1 year ago
Contract Type
contract
NigeriaGovernment
Description
A report by the Auditor-General of the Federation has revealed irregular payments totaling over N197.72 billion across various ministries, departments, and agencies (MDAs) in Nigeria. The findings cover activities from 2020 to 2021 and highlight violations of established financial regulations and procurement laws in the award of contracts, including irregularities in the amount of N7.39 billion and the sum of N167.59 billion paid for unexecuted contracts. The report aims to aid stakeholders in addressing these issues and recovering the lost funds.
Company Information
Company
Nigerian MDAs
Location
Nigeria
About
Nigerian Ministries, Departments, and Agencies (MDAs) are government entities responsible for various functions and services in Nigeria.
Predictive Intelligence
Strategic
ML-powered predictions for Nigerian MDAs's next move
NigeriaGovernment