It warned that “unless the Rector, Bursar and other concerned officials appear before it on Monday, October 19, 2026, it will invoke the relevant powers of the House of Representatives to arrest them and compel their attendance”.
The PAC stated the officials had been anticipated to offer explanations for the excellent audit queries, submit related monetary and procurement information, and reply to allegations recognized throughout its investigations.
The committee harassed that “the officials must appear to respond to the outstanding audit queries, explain the alleged financial irregularities and provide the documents required for its ongoing investigations”.
According to the committee, “the institution had three outstanding queries in its 2021 audit report. These concerned an unretired cash advance, the engagement of an external solicitor without approval from the Attorney-General of the Federation and Minister of Justice, and foreign trips allegedly undertaken without evidence of approval from the Head of the Civil Service of the Federation”.
The lawmakers additionally raised issues over the late submission of the polytechnic’s audited accounts for the 2022, 2023 and 2024 monetary years, saying the delay was opposite to relevant monetary laws and statutory necessities.
The committee questioned discrepancies between the establishment’s authorized overhead funds and precise expenditure for 2023.
It stated the polytechnic was allotted ₦110.2 million for overhead prices, whereas its audited accounts confirmed expenditure of ₦882.5 million, leading to extra spending of roughly ₦772 million.
It additionally recognized a budgetary variance in personnel expenditure for a similar yr.
According to the information examined, “the approved personnel budget stood at ₦2.862 billion, while actual expenditure was ₦2.593 billion, leaving a difference of approximately ₦268.5 million. The figures raised questions about the due diligence applied in preparing the institution’s budget estimates”.
Another difficulty involved the alleged failure to offer proof of necessary remittances of 1 per cent of personnel emoluments to the Nigeria Social Insurance Trust Fund (NSITF) between 2023 and 2025.
The committee additionally criticised the establishment for failing to offer procurement paperwork referring to capital expenditure and Tertiary Education Trust Fund (TETFund) tasks regardless of repeated requests.
Lawmakers described the non-production of the information as a denial of the committee’s entry to related procurement paperwork required for efficient legislative oversight and accountability.
During an inspection of an ongoing lecture theatre challenge on the polytechnic’s everlasting web site, the committee reported issues concerning the high quality of building.
It stated the concrete flooring resulting in the doorway was poorly executed and will reportedly be damaged utilizing palms and ft, elevating questions on whether or not the work delivered matched the funds made to contractors.
Following the inspection, the establishment was directed to submit the challenge’s Bill of Quantities, procurement information and the contractor’s particulars for additional examination.
However, the committee stated the requested paperwork weren’t made out there. It disclosed that petitions alleging monetary irregularities against the establishment’s administration can be examined alongside the related audit findings.
The PAC raised issues over ₦20.5 million reportedly but to be credited to the Retirement Savings Accounts of some staff via Stanbic IBTC Pension and Access Pension.
The committee attributed the delay to the alleged failure to offer correct worker info, together with Retirement Savings Account Personal Identification Numbers (RSA PINs), noting that the affected staff may lose curiosity and funding returns whereas the funds remained uncredited.
Salam reiterated the committee’s dedication to making sure transparency, accountability and compliance with monetary laws within the administration of public funds.
He harassed that “public institutions must be prepared to account for their expenditure, provide requested records and respond to audit queries raised by the appropriate authorities”.
The committee warned that the House’s related powers could possibly be invoked to compel the attendance of the Rector, Bursar and different involved officials in the event that they failed to look on Monday, 19 October 2026.
