A Nigerian University Spent N206m On Xmas Hampers, Illegal Bonuses – Audit Report
Nigerian University Spends N106 Million On Christmas Hampers, Illegal bonuses – Audit Report The report by the Auditor General of the Federation has accused the management of the Nnamdi Azikiwe University, Awka, Anambra State, South-east Nigeria, of spending an unapproved N106 million for Christmas hampers and payment of “productivity bonus” to board members. The report also accused the university of making several other financial infractions including payments of N41 million ‘sitting allowance’ to persons who are not entitled to such. Other infractions include N7.5 million unauthorised spending; N165 million unauthorised investments, and failure to account for the interests accrued from…
