NCAA acting DG reportedly splashed N250 million on a brand new Toyota Land Cruiser (70th Anniversary Edition).
According to DAILY NIGERIAN, NCAA Acting DG Chris Najomo’s expensive purchase wasn’t captured in the budget.
Alleged financial mismanagement comes just 3 months after Chris Najomo was appointed as NCAA Acting DG.
Captain Chris Najomo is reportedly enmeshed in financial mismanagement, just few months after his appointment as the acting director-general of Nigerian Civil Aviation Authority (NCAA).
According to DAILY NIGERIAN, Chris Najomo reportedly purchased a 2022 Toyota Land Cruiser 300 Series (70th Anniversary Edition) luxury SUV worth over N250 million.
The purchase reportedly not captured in the budget. Before his appointment as acting DG on December 13, 2023, the Nigerian regulatory body for aviation had reportedly proposed to spend :
N3,000,000,000 on purchase of vehicles
N4,317,070,233 on “international transport”
N3,310,009,756 on “local transport and travels for training” and
N8,342,547,767 on “travels and transport”
An insider told DAILY NIGERIAN that there is no appropriation approval by the National Assembly in NCAA budget for the purchase of this particular vehicle.
See Also : Transmission Company of Nigeria CEO Bribed Power Minister With 2023 Lexus LX 600 SUV To Retain Office – Report
Again, investigations by DAILY NIGERIAN also revealed that the Toyota Land Cruiser SUV was procured without the statutory approvals of the Bureau of Public Procurement and the Federal Executive Council.
“The NCAA took delivery of the vehicle towards the end of February this year. The vehicle has full option specifications. The DG has been using it with the DG’s official custom number plate “01”.
“The DG’s extra-budgetary expenditure is a gross violation of government procurement and financial regulations, which stipulates 5-year jail term without option of fine.
“A government policy provides that no motor vehicle, no matter how inconsequential the price, shall be purchased by MDAs without the approval of the Federal Executive Council,” the source added.
Source : DAILY NIGERIAN
See Also : NCAA Suspends Permits Of Three Private Jet Operators For Conducting Commercial Flights
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : AutoJosh – https://autojosh.com/money-mismanagement-ncaa-dg-reportedly-splashed-n250m-on-a-toyota-land-cruiser-suv/
