The Senate through its Public Accounts Committee has

queried the State House and 557 Ministries, Departments and

Agencies over the failure to account for 969 billion naira

intangible assets in the 2019 budget.

This revelation is contained in the 2019 Annual Report of the

Auditor-General of the Federation being considered by the

Senate Public Accounts Committee.

Members of the panel, chaired by the vice-chairman of the

committee, senator Ibrahim Hadeija while considering the

report, lamented the humongous amount in the 2019 budget

as captured in the Auditor-General of the Federation’s report.