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Politics Massive Fraud In Lagos Local Councils Exposed



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A 2012 audit report shows that there there has been massive looting and squandering of funds in the 57 local councils that make up Lagos state. PREMIUM TIMES has this story.

A government audit of 57 local councils in Lagos State has indicted eight, accusing their officials of squandering at least N224 million of public funds on a range of questionable expenditure and unimplemented contracts.

The 2012 audit report covers the state’s Local Government Areas, LGAs, created and recognised by the Nigerian government, as well as Local Development Council Administration, LCDAs, created by the Lagos State government, but not recognised by the federal government.

Those accused of wasting public funds are Agbado Oke-odo, Surulere, Coker-Aguda, Egbe-Idumu, Eredo, Iba, Ikosi-Isheri, and Lagos Island East.

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SOURCE: #PremiumTimes