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Reps worry over Federal Mortgage Bank, TETFUND’s five years’ unaudited accounts

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The House of Representatives has expressed worry over five years unaudited accounts of the Federal Mortgage Bank of Nigeria (FMBN) and the Tertiary Education Trust Fund (TETFUND). The House, through its Committee on Public Accounts, at an investigative hearing on audit queries by Auditor-General of Federation to Ministries, Departments and Agencies (MDAs) on Thursday said […] Read Full Story

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Reps express anger over 5 years unaudited accounts of FMB, TETFUND

The House of Representatives Committee on Public Accounts has expressed displeasure over its discovery of five years unaudited accounts of the Federal Mortgage Bank of Nigeria (FMB) and the Tertiary Education Trust Fund (TEFFUND). Rep Oluwole Oke, Chairman of the Committee, conveyed the committee’s anger at the investigative hearing on audit queries by the Auditor-General
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Private varsities, others access TETFund’s N7.5bn research fund

The Tertiary Education Trust Fund (TETFund), on Monday disclosed that private universities, polytechnics and colleges of education in the country are already accessing its N7.5 billion National Research Fund, NRF, for the purpose of bolstering the conduct of cutting-edge research. Executive Secretary of TETFund, Suleiman Bogoro, who made the revelation while declaring open a 4-Day […] Read Full Story