Reps Kick Against TETFUND’s Failure To Remit Five Years’ Account

House of Representatives has kicked against non remittance of the Tertiary Education Trust Fund (TETFUND) accounts to the Auditor General from 2014 to 2018 in accordance with the provisions of 1999 Constitution (as ammended)

The chairman of the House Committee on Public Accounts Hon Busayo Oluwole Oke disclosed this when the Director of Finance and Administration of the Fund , Mr Amoo Oladipupo Idris lappeared before Committee, representing the Executive Secretary of the Agency,, Professor Sulaimon Bogoro at the ongoing investigative hearing on audit queries by Auditor-General of Federation on Ministries Departments and Agencies (MDAs), of the Federal Government

Hon Oke, who described it as gross irresponsibility and violation of the the Governmenent financial rules and regulations said that 2019 and 2020 could be excused because of the COVID-19 pandemic, but it was inexcusable that they should default for other years.

, “If you say because of COVID you say you could not render account last Ma, it can be considered. But what would be your reason for not rendering other accounts, 2014 to 2018 as at when due” he queried.

The House complained the level of negligence was too high and expressed concern and the activities of the Fund has a direct bearing on the future of the country, which is education.

The Committee also resolved to investigate the activities of the Fund in relation to its nominal rolls, grants, revenue collections, disbursement of funds to beneficiaries Institutions and others

The Committee before stepping down the Agency’s matter urged it’s management to come before in two weeks time with some relevant documents ton the submission already laid before it.

Before it’s adjournment to the next legislative day +Wednesday) , the Committee also grilled the management of the Federal Roads Maintenance Agency, FERMA, over the Audit queries raised against it and resolved it would along with stakeholders including the Civil Society Organizations, CSOs, and the Media yo embark on projects inspection to some of the Roads projects claimed to have been executed

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