Audit Flags ₦118.7 Million Unaccounted Spending At CAC
By NJORIGE LYNUS THE Auditor-General of the Federation has uncovered serious financial irregularities at the Corporate Affairs Commission (CAC), revealing that the agency spent ₦118.75 million in 2022 without any supporting documentation. The finding raises concerns about weak internal controls and questionable spending practices within one of Nigeria’s key regulatory institutions. The revelations are detailed […]
