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Auditor-General flags N124bn contracts across MDAs

The Auditor-General for the Federation has uncovered N124.12bn in contract and procurement irregularities across several federal MDAs, a new report reveals Read More: https://punchng.com/auditor-general-flags-n124bn-contracts-across-mdas/

Auditor-General flags N124bn contracts across MDAs

The Auditor-General for Nigeria has uncovered contract and procurement irregularities totaling N124.12 billion across various Federal Government Ministries, Departments, and Agencies (MDAs) in its 2024 Annual Report. The report, dated July 17, 2026, reveals that irregularities ranged from improper contract awards, violations of procurement due process, to payments for unfinished or improperly executed jobs.

The largest component, N76.96 billion, was attributed to irregularities in contract award by 29 MDAs, with the National Population Commission suffering the highest loss at N10.97 billion. Conversely, the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development recorded the lowest loss at N5.91 million.

Additionally, the report found that 15 MDAs awarded contracts in violation of due process, with the National Agricultural Land Development Authority incurring the highest loss at N14.70 billion. The audit also highlighted the improper payment of N27.25 billion for jobs or contracts that were not executed, referencing the Financial Regulations 2009 that mandate open competitive bidding and uniform bid submission formats.

The report emphasizes the systemic control weaknesses, aiming to aid the Public Accounts Committees of the National Assembly in strengthening oversight and accountability.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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