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Seven varsity VCs indicted for misappropriating N896m

The Federal Government ’s annual audit report has uncovered financial irregularities of over N 896 m in the accounts of seven recently established federal universities.


Auditor-General of the Federation, Anthony Mkpe Ayine

The 2017 report from the Office of the Auditor- General of the, titled , ‘ Auditor- General’s Annual Report on the Accounts of the Federation of Nigeria 2017 ’, obtained by our correspondent, which indicted the universities for the years 2015 and 2016 , recommended that the vice -chancellors of the respective institutions during years under review be made to answer for the monies unaccounted.



The indicted federal universities are; 
Federal University , Wukari , Taraba State ; Federal University , Dutsin -Ma , Katsina State ; Federal University , Lafia, Nasarawa State ; Federal University , Oye - Ekiti, Ekiti State ; Federal University , Birnin - Kebbi , Kebbi State ; Federal University , Dutse , Jigawa State ; and Federal University , Lokoja, Kogi State.
They are among the nine federal universities established by former President Goodluck Jonathan’s administration in 2011.


For the federal universities in Wukari , Dutsin - Ma, Oye -Ekiti, and Birnin -Kebbi , the report listed irregularities totalling N 754m.


The report said , “ During the periodic check of the Federal University Wukari , for the year 2015 and 2016 , the following were observed; One , violation of E -payment policy – payments were made to officers who were not the direct beneficiaries amounting to N 17 , 924 ,800 in contrast to the electronic payment policy of the Federal Government.


“ The recommendation is that the vice -chancellor is required to account for the sum of N 17 ,924 , 800 on account of non -compliance with the above policy . Also, there was misapplication of N 2, 091 ,425."


At the Federal University Dutsin -Ma , Katsina State , the report noted that between January and December 2016 , rent recoveries of N 31 , 461 ,559 was unaccounted for. 


It therefore said appropriate sanctions stated in Financial Regulation 3106 should be invoked on the vice - chancellor, while noting that there was also irregular payment of N 8 , 437 ,595 as furniture allowance.


The report added , “ For the period check conducted at the Federal University , Oye -Ekiti, Ekiti State , for the period ended 31 st December, 2016 , the following were observed; non -remittance of internally generated revenue put at N 24 ,812 , 174. The risk is loss of revenue by the Federal Government and the management ’s response to my query is not tenable.



“ The recommendation is that the vice -chancellor is required to immediately remit the sum of N 24 ,812 , 174 being 25 per cent of the IGR into the Consolidated Revenue Fund. Also there was irregular sponsorship for International Academic Training put at N 29 , 613 ,025 .”


At the Federal University Birnin -Kebbi, Kebbi State , the report noted that between January 2015 and December 2016 , N 67, 028 ,049 was paid for an abandoned contract, while payment for work not done stood at N 17 , 584 ,612.


It added, “ Also, there was award of contract without following due process put at N 509 ,469 , 337.


Furthermore , there was payment of unapproved allowances put at N 50 ,993 , 125. The sanction stipulated in financial regulation 3106 should be imposed on the vice - chancellor. The management ’s responses to the above issues did not address the issues . ”


The report added that for the universities in Dutse and Lokoja, there were irregularities amounting to over N 142m.

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