The Home of Representatives Committee on Primary Examination Our bodies has stated the West African Examination Council (WAEC) should clarify the way it generated N34 billion in 2023 however spent N40 billion.
The committee additionally gave WAEC a one-week ultimatum to submit all its financial institution statements from 2018 to 2023.
These resolutions have been reached at an investigative listening to in Abuja on Tuesday concerning the N6 billion deficit the council incurred in 2023.
The panel additionally grilled the examination physique a couple of mortgage of N5 billion it acquired in 2022 to buy customised calculators.
The Head of WAEC in Nigeria, Josiah Dangut, offered the council’s case e-book to the Committee, but it surely declined, insisting that the examination physique submit its financial institution statements.
A member of the Committee, Hon. Awaji-Inombek Abiante (PDP, Rivers), described WAEC as uncooperative and stated they should be held accountable.
“WAEC Nigeria was an uncooperative witness on this course of, shielding and denying Nigerians of getting worth for no matter funding the nation has had in that workplace ought to undergo this committee in furtherance of this investigation all of the checking account statements of his workplace,” he stated.
The committee’s chairman, Hon. Oboku Oforji, puzzled how the examination physique might approve a mortgage of as much as N5 billion when even a ministerial board couldn’t approve such an quantity.
The committee demanded that WAEC should present the expenditures which have led to the N6 billion deficits and all correspondence associated to the acquisition of customised calculators.
It stated proof of approval for the 5 billion naira mortgage to buy the personalised calculators should be offered
The committee additionally demanded proof of due course of within the contract award and proof of fee, together with fee vouchers and financial institution data.
The Committee additionally demanded for proof of submission of accounts to the Auditor Common for the Federation from 2018 to 2023
It additionally demanded the profile of the company’s exterior auditor and the engagement letters for the previous three years.
The Committee additionally queried WAEC for breaching the monetary, public procurement, and financial rules Acts over the fee of fifty per cent of the contract for establishing its Taraba state workplace, value N532 million.
Dangut pleaded with the lawmakers to present him one other date in order that he might current the assertion of account and different paperwork demanded.
He additionally defined that he needed to pay 50 per cent of the Taraba workplace contract sum to keep away from the astronomical rise within the nation’s inflationary pattern.
The chairman stated the Committee on Primary Training Examination Our bodies will not be a witch-hunting committee however is concentrated on fulfilling its constitutional obligations as outlined within the structure.
“The Structure binds each the legislative home and WAEC. As such, the committee expects full cooperation from WAEC, together with the well timed provision of all crucial paperwork to expedite our inquiry and report,” he stated.
