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Sunday, July 17, 2016

FG: more report on the Audit of Defence equipment procurements in the armed forces between 2007 and 2015.

FG to extend defence equipment procurement audit to 2007
The Federal Government has hinted that there will be more report on the Audit of Defence equipment procurements in the armed forces between 2007 and 2015.
In a statement issued in Abuja yesterday, the Minister of Information and Culture, Alhaji Lai Mohammed, said what has been released so far is the report of the audit covering the period between 2011 and 2015.
He added that the committee would commence the audit of defence equipment procurements between 2007 and 2010 as soon as the necessary documents are available.

He therefore denied the insinuation that the recently released report was doctored.
He said: ”When the documents regarding procurement from 2007 to 2010 are available and scrutinised, the committee will then issue its report on that.
The audit is being done in phases, and the report that was released on Thursday is the third of such.”
He also assured that the Federal Government’s anti-corruption fight is non-discriminatory, and called on Nigerians to keep an open mind as events unfold.
”No one should attempt to distract from the seriousness of the issues involved in this audit of defence equipment procurement.
“It is important to note that even though the total amount spent for procurement and operations within the period were N185,843,052,564.30 and $685,349,692.49, the irregularities in the awards ensured that the military did not get value for money, with very serious consequences,” the Minister said.

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