The Independent Corrupt Practices and Other Related Offences Commission has revealed that the 2021 and 2022 budgets were padded with duplicated projects.
According to the anti-graft agency, the act perpetrated by ministries, departments and agencies rose to a whooping N400 billion.
The ICPC also unearthed the sum of N49.9bn earmarked as salaries for ghost workers in the first six months of 2022.
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This was revealed by the ICPC Chairman, Prof. Bolaji Owasanoye, during an interactive session with the Senate Committee on Finance in preparation for the 2023 budget at the National Assembly, Abuja.
While the ICPC Chairman did not mention the names of ministries and agencies involved, Owasanoye said duplicated projects worth N300bn were inserted into the 2021 budget; and N100bn projects in the 2022 budget.
Owasanoye said Commission’s thorough investigation of approved budgets for various MDAs saved the government from wasting billions of naira on such projects.
He said:
“N300bn would have been wasted by the federal government on duplicated projects inserted into the 2021 budget and N100bn for same purpose in the current fiscal year if not tracked and intercepted by ICPC.
“The same pre-emptive move saved the country from spending N49.9bn for salaries of ghost workers put on fictitious pay roll by the fraudulent MDAs between January and June this year.
“Names of MDAs involved in project duplications running into intercepted billions of Naira and fictitious pay rolls are available and will be forwarded to the committee .
“The good thing about the pre-emptive moves made by us is that monies for the fraudulent acts were prevented from being released to the affected MDAs and it’s gratifying that the Finance Ministry and Accountant General Office cooperated with us,” he said.
He further urged relevant committees to watch out for similar fictitious projects duplication in the proposed N19.76trn 2023 budget.
“From our own end, detection of such projects is done by verifying their locations and names, upon which we tell the appropriate authorities not to release wrongly budgeted monies to them,” he added.
The chairman of the committee, Senator Solomon Olamilekan Adeola, said the operational cost of the ICPC would be increased from N1.8bn in the coming 2023 budget.
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