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Friday 14 March 2014

Reps reveal unaccounted N35 billion


The House of Representatives Committee on Public Accounts revealed on Thursday that the Office of the Head of Service of the Federation could not account for N35bn it collected from the Service Wide Vote within nine years.

Records of the Budget Office of the Federation indicate that the OHSF received N52bn between 2004 and 2012. However, the Permanent Secretary, Mr. Remi Adelakun, admitted only N17.6bn.

The Solomon Olamilekan-led committee insisted that Adelakun must explain how the balance of over N35bn was utilised within two weeks.

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