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N26trn Financial Statement Signed Without Finance Minister’s Knowledge

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Members of the Senate Public Account Committee were shocked following the revelation that the former accountant-general of the federation (AGF) in 2019, Ahmed

Idris, signed the financial statement of N26 trillion without the knowledge of the then finance minister, Ahmed Zainab.The total federal government Financial Liabilities for 2019 was N26.2 trillion.

The shocking revelation came during consideration of the 2019 nation’s Financial statement submitted to the Senate Public Accounts Committee , Chaired by Senator Ahmed Wadada.

“The above anomalies could be attributed to weakness in the internal control system in the consolidation process.” The chairman of the committee who was disturbed about the issue raised in the Auditor General report asked the Accountant General of the Federal to respond to the allegation. But, the Acting Accountant General of the Federation, Toyin Madein said she was not the accountant General of the Federation at the time of signing of the financial statement.It was learnt that the reason for the introduction of co-signing of the financial statement was to ensure proper check .

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