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N42bn personnel cost for 2019 was blocked from being stolen –ICPC

Punch Newspapers Sections Adelani Adepegba, Abuja The Independent Corrupt Practices and Other Related Offences Commission has revealed how it prevented Federal health and educational institutions from stealing or misapplying N42bn unspent surplus allocation in the 2019 budget. The commission also said it stopped officials from misapplying N31.8bn personnel cost surpluses for 2017 and 2018, and N19.8b and N9.2b from personnel cost and capital fund respectively. The ICPC Chairman, Prof. Bolaji Owasanoye, SAN, disclosed this on Wednesday, during a virtual interactive forum with Directors of Finance and Accounts of some agencies of the Federal Government with the theme: ‘Transparency and Fiscal Discipline in Implementation of FGN Budget’.

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