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House Committee Uncovers ₦250 Billion Missing From Nigeria’s Public Funds

Summary by RainSMediaRadio
The House of Representatives Public Accounts Committee raised alarm over ₦250 billion in unaccounted public funds, uncovered during a review of the 2023 Auditor-General’s report in Abuja. The committee, chaired by Bamidele Salam, identified discrepancies in 50 ministries, departments, and agencies (MDAs), including ₦100 billion in unremitted revenue and ₦150 billion in misappropriated expenditures. Key culprits include the Ministry of Works, wit…
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RainSMediaRadio broke the news in on Wednesday, June 4, 2025.
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