FG audit report indicts seven vice chancellors for misappropriating N896m

The Federal Government’s annual audit report has uncovered misappropriation of over N896m in the accounts of seven federal universities.

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

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.

The institutions were among the nine federal universities established by former President Goodluck Jonathan’s administration in 2011.

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