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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 the Federation has revealed contract and procurement irregularities totaling N124.12 billion across several Federal Government Ministries, Departments and Agencies in the 2024 Annual Report. These irregularities encompassed aspects such as irregular contract awards, violations of procurement due process, and payments for unexecuted or improperly executed jobs and contracts.

The report, dated July 17, 2026, detailed findings indicating that N76.96 billion was linked to irregularities in contract awards by 29 MDAs, with the National Population Commission accounting for the highest amount at N10.97 billion. Additionally, 15 MDAs were found to have awarded contracts worth N19.91 billion in violation of procurement due process, with the National Agricultural Land Development Authority reporting the highest amount at N14.70 billion.

The report also identified N27.25 billion paid for contracts that were not executed or performed properly, with the National Institute of Construction Technology and Management in Edo State identified for the largest sum at N11.36 billion. The Auditor-General's report emphasizes systemic weaknesses and control deficiencies across agencies, highlighting the need for improved oversight and accountability in public financial management.

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