The Federal Government Girls’ College Bwari has come under scrutiny after records revealed it disbursed N59.2 million to three private companies in a single day without providing any explanation for the transactions.
The payments, made on March 26, were flagged in an investigation by the Foundation for Investigative Journalism (FIJ), which noted that all entries were marked simply as “None” under purpose.
Breakdown of Payments
According to the findings, the funds were distributed among three companies:
Ammy and Chichi Trading Ventures received N24.6 million across three separate transactions
Abu-Talib Investment Nigeria Limited was paid N17.6 million in two instalments
Salmaz Ventures got N16.9 million
Each payment lacked a clear description, raising questions about compliance with financial transparency standards.
Repeated Pattern of Vague Spending
This is not the first time the institution has recorded such transactions. Reports indicate that similar payments were made to the same companies in December 2025, also without detailed explanations.
The pattern suggests a recurring issue in financial documentation and disclosure within the college’s accounting system.
Procurement Law Raises Red Flags
While the payments may not be outright illegal, their vague documentation appears inconsistent with Nigeria’s procurement regulations.
The Public Procurement Act 2007 mandates:
- Transparency and accountability in public spending
- Proper documentation of procurement processes
- Clear records stating the purpose of all transactions
Failure to provide such details can undermine public trust and complicate oversight.
Accountability Questions Mount
Investigators say the absence of clear descriptions makes it difficult to determine whether due process was followed or whether the funds were appropriately utilised.
Public institutions are expected to maintain detailed records, especially when handling taxpayer funds.
Wider Concerns Across Government Agencies
The case adds to a growing list of public institutions flagged for similar financial practices, where large sums are disbursed with little or no explanation.
Analysts warn that such trends could weaken accountability frameworks and create loopholes for financial mismanagement.
Calls for Investigation
The revelations have intensified calls for closer scrutiny of financial activities within government-funded institutions.
Stakeholders are urging relevant oversight bodies to review the transactions and ensure compliance with procurement laws.
Source: FIJ
