Govt discovers N24bn in 423 bank accounts

According to a report by Leadership Newspaper, about N24 billion has been recovered
from 423 different bank accounts following the government’s decision to adopt a single account.

The disclosure of the recovery was made by the state deputy governor, Arch Bala Barnabas Bantex during a town hall meeting in Southern Kaduna on Saturday, September 5, 2015.

Bantex further revealed that the 423 accounts were operated by the previous administration.

According to him, the adoption of a single account by the state government brought about the recovery of the funds.

It should be noted that the Lagos State government have also announced its decision to run a single bank account following the swearing-in of the new governor, Akinwunmi Ambode.