November 30, 2020

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A’Ibom denies extra budgetary expenditure in 2019

1 min read

By Bassey Anthony, Uyo

Akwa Ibom has denied fraudulently making extra-budgetary expenditure running into billions in the 2019 budget.

The government was reacting to an investigative report supported by John D and Catherine T. MacArthur Foundation and the International Centre for Investigative Reporting.

The report published in a state-based newspaper and some online news platforms indicated government made outrageous extra-budgetary expenses in the 2019 budget.

According to the report, top government officials were engaged in acts of corruption even as the government incurred over 10billion on aircraft maintenance, purchase of cars, special projects and governor’s hospitality among others.

But the government said the findings arrived at and published in the report were based on an unauthentic source.

READ ALSO: Akwa Ibom governor spent N1.4bn on election – EFCC investigator

Commissioner for Information and Strategy, Comrade Iniobong Ememobong, said there were errors in the first budget.

”The authentic version which was sent to the legislature and the Auditor General were imputed on the International Public Sector Accounting Standards (IPSAS) platform and agrees with the details supplied.

”It is therefore startling to find an extensive ‘investigative’ publication based on a spurious report, which has a similar cover design with the authentic report.

”As a government, we take financial reporting very seriously and have consistently complied with the IPSAS requirement, though generally acknowledged as cumbersome, due to its uncommon coding system”.