Tag: audit

Forensic Audit: Oando fails to stop SEC as court strikes out case

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a…

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President Buhari

Buhari inaugurates committee to audit recovered loot

President Muhammadu Buhari on Wednesday inaugurated the Audit Committee on recoveries of assets by government agencies. Members of the committee include Mr. Olufemi Lijadu, Mrs. Gloria Chinyere Bibigha and Mr.…

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NHIS: Reps give HMOs deadline to submit N351bn audit

The House of Representatives has given Health Maintenance Organisations up to Wednesday to submit audited accounts on how the N351bn spent on the National Health Insurance Scheme (NHIS)  since 2005…

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Probe spending of Paris Club refund, NLC president tells FG

by Azeez Adeniyi President of the Nigeria Labour Congress, Ayuba Wabba, has urged the Federal Government to further take its anti-graft war to the state level. Wabba sais this while…

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Reps orders audit of assets seized by EFCC

by Azeez Adeniyi The House of Representatives on Tuesday ordered an audit of all assets seized by the Economic and Financial Crimes Commission (EFCC). The House said the assets include…

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New Arik Air management appoints KPMG to audit airline

The new management of Arik Air has appointed accounting firm KPMG to undertake a forensic and diagnostic audit of the finances of the airline to ascertain the true state of…

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Plateau sacks 579 workers

The Plateau government has removed 579 workers from its payroll. Disclosing this on Monday in Jos, during the state’s monthly briefing, the Commissioner for Information and Communication, Mr. Muhammad Nazif,…

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FG commences audit of states’ utilisation of bailout funds

The federal government has hired private accounting firms to commence audit on how 35 states utilised about N510 billion given to them to meet their financial obligations. A statement, by Salisu Danbatta,…

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Unremitted N3.2trn: ‘Audit report is erroneous’ – NNPC

The Nigerian National Petroleum Corporation has reacted to the alleged N3.235 trillion that was not remitted to the federation account in 2014. In a statement released on Wednesday, March 16,…

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Bristow barred from using model of crashed helicopter

Following the crash-landing incident of Wednesday, the Nigerian Civil Aviation Authority (NCAA) has suspended the operation of Bristow Helicopters Limited’s Sikorsky S-76C++ aircraft type. The suspension is to enable the…

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Amaechi orders ‘immediate’ audit of NIMASA

The Minister of Transportation, Rotimi Amaechi, has ordered the immediate financial and staff audit of the Nigerian Maritime and Administration and Safety Agency (NIMASA). Amaechi instructed the Acting Director-General of NIMASA, Haruna…

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Pricewaterhouse to audit accounts of Nigerian Football Federation

by Mark Bassey The new Executive Committee of the Nigerian Football Federation has employed the services of interantionally renowned audit firm, Pricewaterhouse to audit the accounts of the Federation. The federation says the…

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Opinion: The NCAA and its double standards

by Edet Akpan   But really, was the recent grounding of Dana Air operations due safety reasons? Wouldn't this be the second time the airline is being grounded by the…

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‘Save us from this untold hardship’: 540 Dana Air employees write open letter to the NCAA

by 'Jola Sotubo The recent suspension of the operations of Dana Airlines came as an unexpected development for many but moreso it has reportedly left the staff of the airline…

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“Some finished school before they were born”: Massive irregulaties discovered in Edo teachers’ records

by Oge Okonkwo A massive falsification of age of primary school teachers in Edo state public schools has been revealed in an audit carried out by the state's  government. Governor of…

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Freedom of misinformation: Who is sorry now?

by Bashorun JK Randle How strange that it was only in Zimboda (and probably in Nigeria) that all the banks are being audited by only four firms; and the same…

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Conflict of interest? PDP to host INEC auditors with N13 million

by Stanley Azuakola We cannot know for sure how much is squirreled away in the coffers of the Peoples Democratic Party (PDP). One thing we do know is that the party’s National Auditor,…

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