It warned that “except the Rector, Bursar and different involved officers seem ahead of it on Monday, October 19, 2026, it is going to invoke the related powers of the Space of Representatives to arrest them and compel their attendance”.
The PAC mentioned the officers had been anticipated to offer explanations for the phenomenal audit queries, post related monetary and procurement data, and reply to allegations known all through its investigations.
The committee stressed out that “the officers should seem to answer the phenomenal audit queries, provide an explanation for the alleged monetary irregularities and give you the paperwork required for its ongoing investigations”.
In keeping with the committee, “the establishment had 3 remarkable queries in its 2021 audit document. Those involved an unretired money advance, the engagement of an exterior solicitor with out approval from the Lawyer-Basic of the Federation and Minister of Justice, and international journeys allegedly undertaken with out proof of approval from the Head of the Civil Provider of the Federation”.
The lawmakers additionally raised considerations over the overdue submission of the polytechnic’s audited accounts for the 2022, 2023 and 2024 monetary years, pronouncing the prolong used to be opposite to appropriate monetary rules and statutory necessities.
The committee puzzled discrepancies between the establishment’s licensed overhead funds and precise expenditure for 2023.
It mentioned the polytechnic used to be allotted ₦110.2 million for overhead prices, whilst its audited accounts confirmed expenditure of ₦882.5 million, leading to extra spending of roughly ₦772 million.
It additionally known a budgetary variance in team of workers expenditure for a similar yr.
In keeping with the data tested, “the licensed team of workers funds stood at ₦2.862 billion, whilst precise expenditure used to be ₦2.593 billion, leaving a distinction of roughly ₦268.5 million. The figures raised questions in regards to the due diligence carried out in getting ready the establishment’s funds estimates”.
Some other factor involved the alleged failure to offer proof of obligatory remittances of 1 consistent with cent of team of workers emoluments to the Nigeria Social Insurance coverage Consider Fund (NSITF) between 2023 and 2025.
The committee additionally criticised the establishment for failing to offer procurement paperwork in the case of capital expenditure and Tertiary Training Consider Fund (TETFund) tasks regardless of repeated requests.
Lawmakers described the non-production of the data as a denial of the committee’s get admission to to related procurement paperwork required for efficient legislative oversight and responsibility.
All over an inspection of an ongoing lecture theatre mission on the polytechnic’s everlasting website, the committee reported considerations in regards to the high quality of development.
It mentioned the concrete floor resulting in the doorway used to be poorly achieved and may just reportedly be damaged the use of palms and ft, elevating questions on whether or not the paintings delivered matched the bills made to contractors.
Following the inspection, the establishment used to be directed to post the mission’s Invoice of Amounts, procurement data and the contractor’s main points for additional exam.
Then again, the committee mentioned the asked paperwork weren’t made to be had. It disclosed that petitions alleging monetary irregularities in opposition to the establishment’s control could be tested along the related audit findings.
The PAC raised considerations over ₦20.5 million reportedly but to be credited to the Retirement Financial savings Accounts of a few staff thru Stanbic IBTC Pension and Get entry to Pension.
The committee attributed the prolong to the alleged failure to offer correct worker knowledge, together with Retirement Financial savings Account Private Id Numbers (RSA PINs), noting that the affected employees may just become bored and funding returns whilst the finances remained uncredited.
Salam reiterated the committee’s dedication to making sure transparency, responsibility and compliance with monetary rules within the control of public finances.
He stressed out that “public establishments should be ready to account for his or her expenditure, supply asked data and reply to audit queries raised via the correct government”.
The committee warned that the Space’s related powers might be invoked to compel the attendance of the Rector, Bursar and different involved officers in the event that they failed to look on Monday, 19 October 2026.