• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

      Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Cross-Border Investment

  • National
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi…

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Bashir Adewale Adeniyi Customs Boss

      Bashir Adeniyi: A Roadmap to Global Customs Leadership By Tahir Ahmad

      Arewa Discussion Group

      Arewa Discussion Group Launched to Tackle Northern Challenges

    • Government
      • Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi…

        Dantata laid to rest at Medina Cemetery

        Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery

        Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with…

        Malam Yusuf Abubakar Dingyadi

        Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

        Ambassador Yusuf Maitama Tuggar

        Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

  • Security
    • Nigerian Police Force

      Anambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji Attack

      MATAWALLE, cds, AND pERM SEC OF dEFENCE MINISTRY

      “You Are Now Nigeria’s Frontline Guardians in War Against Terrorism –…

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Police Officer

      FCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in…

      Chief of Defence Staff (CDS), Gen. Christopher Musa

      Okuama 17: Court Orders Military Chief to Produce Detained Monarch in…

  • Features
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Bashir Adewale Adeniyi Customs Boss

      Bashir Adeniyi: A Roadmap to Global Customs Leadership By Tahir Ahmad

      IGP Kayode Egbetokun Police Boss

      IGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma…

      NDLEA Logo

      Drug Culture in Nigerian Music: When Art Imitates Harm By Arafat…

      Ambassador Yusuf Maitama Tuggar

      Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

  • State
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Dantata laid to rest at Medina Cemetery

      Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Police Officer

      FCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in…

      Chief of Defence Staff (CDS), Gen. Christopher Musa

      Okuama 17: Court Orders Military Chief to Produce Detained Monarch in…

  • Event
    • NELFUND

      NELFUND Warns Students Against Fake Loan Application Portal

      EFCC Witness: Yahaya Bello Had No Property Dealings With EFAB

      Hon. Rukayat Motunrayo Shittu (RMS), with PRNigeria Ladies in PR I'm Abuja

      Rukayat Shittu Set to Publish Inspirational Book “Cracking the Glass Ceiling”,…

      Chief Cornelius Olatunji Adebayo

      Former Kwara Governor, Chief Adebayo, Dies at 84

      Managing Editor of Image Merchants, Mr Abdulrahman Abdulraheem, PR Expert, Celestine Achi and the Editor-in-chief, Yushau Shuaib presenting the book to PRNigeria center

      PRNigeria Commends New Book on Artificial Intelligence in Public Relations

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption Magu Lists Challenges, Achievements as he Defends Budget
  • Anti-Corruption

Magu Lists Challenges, Achievements as he Defends Budget

By
Tony Orilade
-
April 4, 2019
Ibrahim Magu of EFCC
Ibrahim Magu of EFCC

Magu Lists Challenges, Achievements as he Defends Budget

The Acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu on Thursday, April 4, 2019 defended the Commission’s 2019 budget proposal of N22, 070,514,431.00, (Twenty Two Billion, Seventy Million, Five Hundred and Fourteen Thousand, Four Hundred and Thirty One Naira) before the House Committee on Anti-corruption and Financial Crimes.

In his presentation, Magu lamented that incomplete releases of both approved overhead and capital estimates, have in no small measure, negatively impacted the ability of the Commission to meet its pressing needs and obligations.

He noted that only 54.17% was released in 2018 while only 40.06% of capital has been released so far with only two and half months to go to the end of extended 2018 capital budget year.

This year’s figure represents a 16.38% decrease from the 2018 budget of N26, 392,396,279.00, (Twenty Six Billion, Three Hundred and Ninety Two Million, Three Hundred and Ninety Six Thousand, Two Hundred and Seventy Nine Naira) and a rise of 14% in the personnel cost proposal from 12.717 billion in 2018 to 14.491billion this year.

The increase in personnel cost according to Magu, accommodates the salaries and allowances of 970 additional staff (currently being trained at the Nigerian Defence Academy, NDA, Kaduna), who are expected to be fully enrolled on the personnel cost platform in 2019.

The additional staff, he said comprised 332 Assistant Detective Superintendents, 293 Assistant Detective Inspectors and 95 support staff that recently joined the Commission.

Magu expressed grief that the EFCC’s overhead cost which the Budget Office reduced from N7.3billion to N3.6billion was grossly inadequate for the Commission in view of the increased running cost, occasioned by developments such as the opening of three additional zonal offices, planned introduction of group staff life insurance of N650million, huge outlays on generator fuel cost, increase in airfares, proposed 60% increase in the rates of duty tour allowance (DTA) payable to staff on official assignment.

The EFCC boss equally expressed worry over the Budget Office’s drastic reduction of the Commission’s capital expenditure proposal from N15.196billion to N3.978billion, representing a 74.82% reduction from the approved estimate of N10.07billion in 2018.

He sees the approved capital budget expenditure as inadequate in the face of the Commission’s N2.02billion outstanding liabilities to Julius Berger; N1.5billion cost runs on its new head office complex; N0.299billion liabilities for consultancy on new head office; N0.47billion for purchase of security equipment (ammunition); N1.1billion on furnishing of new head office building; development of the permanent site of the EFCC Academy, Lafia; renovation of the old EFCC head office building, Wuse 2, Abuja, and the renovation of the Lagos Zonal Offices (10 Okotie Eboh and 15 Awolowo Road.

The anti-corruption czar disclosed that the 2018 budget witnessed an increase in the personnel cost of the Commission from N7.6billion in 2017 to N8.5 billion, which were the consequences of the full enrolment of 314 Assistant Detective Superintendents and same for 183 Assistant Detective Inspectors following the completion of their training programme in May and January 2018, respectively.

Read Also:

  • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice
  • Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi Arabia
  • Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery

Others are: the completion of the Commission’s Jabi District, new head office complex and relocation, the establishment of three new zonal offices in Makurdi, Sokoto and Ilorin, the hosting of Heads of Anti-corruption Agencies in Commonwealth Africa (HACA) in Abuja in May, last year.

Also featuring was the anti-corruption concerts hosted in Abuja, Kano, Lagos and Enugu as well as the first ever anti-corruption marathon that drew out hundreds of marathoners from across the country, civil society organizations, and sports celebrities; acquisition of hectares of land in Nasarawa State for the construction of the permanent site of the EFCC Academy, of which its development is expected to commence this year.

Magu disclosed that in the course of the 2018 financial year, the EFCC obtained 315 convictions, and has within the first three months of this year, obtained 192 convictions. In the area of recoveries, he said N11.5billion was recorded in final forfeiture, N133.8billion in non-forfeiture recoveries, N8.92billion in direct deposits, N38.12billion in tax recoveries, N1.82billion in subsidy recoveries, and N42billion from banks (Third Party), totalling N236billion.

These, according to Magu, “are in addition to recoveries of various sums in other currencies, other assets, jewelleries (gold) and recoveries for major government agencies including NNPC and AMCON.”

Within the first quarter of the current year, 2019, the Commission, he said, has made recoveries which included: N140.7million in cash, N2.021billion in direct deposits, N7.20billion in tax recoveries, N3.06billion in subsidy recoveries and $0.292billion.

He disclosed that the Commission was challenged in the areas of huge maintenance cost of the new head office building; inadequate resources to manage a huge and growing fixed asset forfeiture base and inadequate ICT infrastructure.

Magu noted that “there is presently the complete absence of internet services at the New Head Office and zonal offices, including other related ICT service deliveries”.

The Commission, he disclosed, requires a minimum of N800million to upgrade its present state of ICT infrastructure. This is in addition to a proposal to Salaries, Income and Wages Commission for an upward review of salaries and allowances of the staff of the Commission. “This has been forwarded to the Presidency and, if approved, will be covered by Supplementary Appropriation,” Magu said.

Other challenges according to him are: poor detention facilities, particularly in the zones, inadequate office equipment, absence of health and fitness facilities in the head office and zones, lack of equipment in the clinics and inadequate office accommodation in the zones.

The Commission’s zonal offices in Ilorin, Makurdi, Uyo and Benin, he said are rented. There is also the pressing challenge of inadequate operational vehicles in the head office and across the zonal offices.

In his response, the Chairman, House Committee on Anti-corruption and Financial Crimes, Hon. Kayode Oladele who led other committee members, described the 2018 budget performance of the Commission as a huge success.

Kayode and other committee members promised that, the committee will support the anti-graft agency in any area it needs parliamentary intervention in its drive to achieve a better performance and outcomes.

Tony Orilade
Ag. Head, Media & Publicity

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • efcc
  • Ibrahim Magu
Previous articlePolice Promote Spokesperson, 8,915 Others
Next articleEFCC, NIS Partner Against Illegal BDC Operators
Tony Orilade
Tony Orilade
http://www.PRNigeria.com

RELATED ARTICLESMORE FROM AUTHOR

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

EFCC Sacks 27 Fraudulent Officers for Misconduct

Court Okays EFCC’s Request to Freez 67 Bank Accounts Over Alleged Fraud

Official_JAMB_logo

JAMB, NRC Top ICPC Integrity Ranking

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice
  • Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi Arabia
  • Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery
  • Anambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji Attack
  • Protesters Occupy Public Offices, Call for NMDPRA Boss Probe
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
For Aminu Dantata to Sleep Well… By Abdullahi O Haruna HaruspiceNigerian Dignitaries, Business Leaders Attend Aminu Dantata's Burial in Madinah Saudi ArabiaLegendary Business Mogul Aminu Dantata Laid to Rest in Madinah CemeteryAnambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji AttackProtesters Occupy Public Offices, Call for NMDPRA Boss Probe"You Are Now Nigeria’s Frontline Guardians in War Against Terrorism – Matawalle Tells Special Forces GraduatesPolice Rescue Trafficked Ghanaian Youth in AbujaFCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in Abuja, KadunaOkuama 17: Court Orders Military Chief to Produce Detained Monarch in DeltaUnexploded Military Ordnance Recovered in Damaturu by PoliceSeparate IED Explosions Kill Teenager, Injure 2, Destroy Bridge in BornoTroops Eliminate 8 Boko Haram/ISWAP Terrorists in BornoYouths Applaud Tsenyil’s Confirmation, Back Tinubu’s Regional Development Troops Eliminate 10 Terrorists in Fierce Battle Near Cameroon BorderBashir Adeniyi: A Roadmap to Global Customs Leadership By Tahir Ahmad
X whatsapp