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Home | EFCC, ICPC Petitioned to Probe 31 FG Agencies Over ₦103.8bn, $950k Financial Breach

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EFCC, ICPC Petitioned to Probe 31 FG Agencies Over ₦103.8bn, $950k Financial Breach

Olaitan Sodiq
Olaitan Sodiq
Published: July 24, 2025
Last updated: July 24, 2025
2 Min Read
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EFCC, ICPC Petitioned to Probe 31 FG Agencies Over ₦103.8bn, $950k Financial Breach | Daily Report Nigeria
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  • 31 ministries, departments indicted by House panel over massive audit infractions

  • ₦103.8bn and $950,912 flagged for mismanagement, illegal expenditure, procurement abuse

  • PLSI demands EFCC, ICPC take immediate action to recover stolen public funds

A civil accountability organisation, Paradigm Leadership Support Initiative (PLSI), has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to launch urgent investigations into 31 federal ministries, departments and agencies (MDAs) indicted for financial infractions amounting to ₦103.8 billion and $950,912.

The demand followed a comprehensive probe by the House of Representatives Committee on Public Accounts, which uncovered widespread procurement breaches, unauthorised spending, and systemic internal control failures in the affected MDAs, based on the Auditor-General’s reports for 2019 and 2020.

Chairman of the committee, Hon. Bamidele Salaam, led the probe, which marks the first time since Nigeria’s return to democracy in 1999 that the legislative arm has executed such a broad-scale public audit.

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In a statement shared via its official X handle on Wednesday, PLSI backed the committee’s findings and vowed to petition Nigeria’s top anti-graft agencies to recover the stolen public funds.

READ ALSO: Fayose Cleared of Money Laundering Charges as Court Dismisses EFCC Case

“This marks the first time since Nigeria’s return to democratic rule in 1999 that the federal legislative arm has completed such a comprehensive audit oversight — an important milestone for transparency, accountability, and democratic governance,” the group stated.

It further urged EFCC and ICPC to waste no time in taking decisive action, citing violations involving procurement laws, budgetary abuse, and administrative mismanagement that continue to drain the nation’s coffers.

“Following the resolution of the Parliament, PLSI will petition the EFCC and ICPC to move swiftly to recover the unaccounted funds,” the group added.

The flagged infractions expose long-standing weaknesses in public financial management and renew public demand for real-time accountability from the highest levels of government operations.

 

 

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