The Senate has ordered some federal universities to refund 4.7billion naira which they were said to have been mismanaged. This followed the report of the Senate Public Accounts Committee which probed the universities’ financial activities using audit reports.
The institutions are the University of Abuja; the Federal University of Petroleum Resources, Effurun, Delta; the University of Ilorin; the Federal University of Technology, Akure among others.
The Office of the Auditor-General for the Federation had indicted the universities in 2016 and 2017 reports which were submitted to the Senate committee for consideration.
It said the University of Abuja generated 2.4billion naira internally in 2016 and 2017 but failed to remit 603million naira as 25 percent of the IGR.
It said the Federal University, Birnin Kebbi awarded various contracts amounting to 509million naira without following due process.
The Federal University of Petroleum Resources, Effurun, Delta, was indicted for crafty varying upward, contact for water supply and distribution network from 81.6 million naira to 154million naira.
The Senate said its resolutions on the audit queries would be forwarded to Secretary to Government of the Federation for further action.
