A member of the Presidency’s National Lottery Regulatory Commission Governing Board, Abubakar Rajab, has called for the probe of the commission led by Lanre Gbajabiamila.
Rajab accused the management of intentional diversion of funds from the Treasury Single Account (TSA), among other fraud allegations.
Rajab who spoke with journalists in Abuja on Wednesday lamented that the management of Gbajabiamila has spent over N26 billion in four years from Internally Generated Revenue (IGR) and called on the Federal Government to initiate an immediate fiscal audit of the National Lottery Commission.
According to him, the Lottery Regulatory Commission as one of the revenue generating agencies of the federal government has operated as a liability generation agency rather than making income for the government.
He alleged: “Director-General has always spent from the Commission’s IGR which ideally should not even be accessible if properly remitted in the first instance. This expenditure on the IGR over the years has run into billions of naira, funds that should have been remitted to government coffers for the good of all.
“In 2017, over N500,000,000 was spent from the Commission’s IGR. In 2018, over N960,000,000 was spent from the Commission’s IGR without appropriation against N73,000,000 appropriated for 2018 as administrative expenses.”
He added that: “In 2019, over N1,000,000,000 was spent from the Commission’s IGR without appropriation as against N75,000,000 appropriated for 2019 as administrative expenses. In 2020, over N1,000,000,000 was spent from the Commission’s IGR.”
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