LAGOS JANUARY 5TH (NEWSRANGERS)-Nigeria’s police could not account for thousands of firearms, including 88,078 AK-47 rifles, an audit report published by the auditor general of the federation on Tuesday showed. Missing firearms raise worries in a country fighting growing insecurity from Islamist insurgents in the northeast and armed kidnappings and banditry in the north and…
LAGOS DECEMBER 18TH (NEWSRANGERS)-The Nigeria Customs Service in 2019 granted import duty waivers worth N78.5 billion to local and foreign companies including 14 members of staff of the Ministry of Foreign Affairs in violation of financial regulations, the government’s audit report has revealed. The agency granted a N78.5 billion waiver to companies and a N17.2…
LAGOS DECEMBER 3RD (NEWSRANGERS)-The 2019 audit report has revealed that the Central Bank of Nigeria recorded zero naira (nil) as recovered funds between 2016 and 2019 despite years of consistent recovery. Office of the Auditor-General for the Federation revealed this in its 2019 audit report published on its website. The report signed by Aghughu, Adolphus,…