A recent audit report has exposed financial mismanagement and unauthorized expenditures totalling over ₦4.64 billion in the Federal Ministry of Works (Housing Sector) ministry.
The Auditor-General’s (AG) investigation revealed that these funds were spent without approval, violating standard financial protocols and accountability measures.
Such findings highlight significant lapses in budgetary discipline and raise questions about governance practices within the affected ministry.
The audit emphasized the necessity for corrective measures, recommending the immediate recovery of the unapproved funds.
Furthermore, it proposed disciplinary actions against individuals or groups responsible for the breaches.
Transparency advocates have stressed the need for comprehensive reforms in the management of public finances, urging the government to take swift and decisive action.
The revelation about the ₦4.64 billion spending in Umahi’s ministry has drawn widespread attention.
