The House of Representatives Committee on Basic Examination Bodies quizzed Josiah Dangut, Nigeria Head of the West African Examination Council (WAEC) over a N6 billion deficit in 2023 and a N5 billion loan for customized calculators.
Dangut who appeared before the Committee on Tuesday, 13 August, 2024, in Abuja was accompanied by the Registrar; Angus Okeleze, Senior Deputy Registrar; Victor Odu, Acting Director of Finance; Segun Jerumeh, Deputy Director of Finance, WAEC.Dangut pleaded for more time to present the required documents and explained the 50% payment for the Taraba state office construction to avoid inflationary losses.
The committee Chairman assured that their inquiry was not a witch-hunt but a constitutional obligation to ensure transparency and accountability.
The committee questioned how WAEC generated N34 billion in 2023 but spent N40 billion and approved a N5 billion loan without proper authorization.