Members of the Senate Public Account Committee were taken aback by the disclosure that the former Accountant-General of the Federation (AGF) in 2019, Ahmed Idris, had signed the financial statement of N26 trillion without the knowledge of the then Finance Minister, Ahmed Zainab…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Idris served as the AGF when the financial statement was signed without the involvement of the Finance Minister.

The total financial liabilities of the federal government for the year 2019 amounted to N26.2 trillion.

This astonishing revelation emerged during the review of the 2019 national financial statement presented to the Senate Public Accounts Committee (SPAC), which is chaired by Senator Ahmed Wadada. The report had been submitted by the Auditor General of the Federation.

The query highlighted, “The Accountant-General of the Federation was the sole federal government official who signed the consolidated statement of financial position without indicating his FRC of Nigeria registration number, a component that signifies approval from the CFS, contrary to the existing regulations.”