President Muhammadu Buhari has taken a swipe at Nigerian universities over what he perceives as their non accountability of funds.

The Minister of Finance, Mrs. Kemi Adesosun, said  Sunday, that the Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ibrahim Magu has provided details of funds recovered from looters and that reconciliation has commenced.

The Pension Transitional Arrangement Directorate (PTAD), through its Divisional Manager, Mrs. Christianah Adebote, has commended Lasaco Assurance Plc for settling the Legacy Funds in its custody.

The federal government has contracted reputable firm to comprehensively audit Treasury Single Account (TSA) to trace government’s money still with banks.

DUTSE—Lack of funds has been identified as a major hindrance affecting the conduct of HIV/AIDS test in the designated centres across Jigawa State.

ENUGU— A former member of the House of Representatives, Dr. Eddie Mbadiwe, has accused state governors of committing impunity with local government funds.

DELTA State Governor, Senator Ifeanyi Okowa has said contracts for the execution of projects will be awarded based on availability of funds.
The Governor in a no-hold-back town hall meetings held at Ozoro and Oleh Isoko North and South local government areas respectively of Delta State, disclosed that his administration was committed to delivering infrastructure that will stand the test of time.

The Federal Government has commenced the recovery of N 450 billion unremitted operating surpluses by 33 of its agencies.

ABUJA— THE Senate Committee on Education, yesterday, uncovered N9,982,258,479 hidden in the budget of parastatals by the Federal Ministry of Education.

More than one year after completing their national service, indications have emerged that nine National Youth Service Corps (NYSC) members, injured in motor accidents during the 2014 service year, may have not received the N23.5 million donated in their aid.

The Central Bank of Nigeria (CBN) has reviewed the guidelines for the N220 billion Micro, Small, and Medium Enterprises (MSME) Fund to allow new businesses (start-ups) borrow from the fund.

OSOGBO—As the present administration in Osun State enters its 6th year in office, the governor, Ogbeni Rauf Aregbesola, has said that the economic hardship in the state has come to an end.

Governor Ayodele Fayose of Ekiti State, on Thursday, berated President Muhammadu Buhari’s claim that many of those who looted the public treasuries in the government of former President Goodluck Jonathan had started returning the stolen funds to the government, saying the President should rather stay at home to govern the country instead of junketing around the globe and acting like a saint before the international community.

The Central Bank Of Nigeria has taken tough measures against state governors who are playing politics with the Bailout Fund, with a decision to withdraw their allocations.

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has uncovered over N23billion pension funds ‘lost’ in 40 bank accounts in the country.