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Senate Panel Issues Presidency, CBN, FIRS, NDDC, others 7 days To Submit Audited Accounts

Last updated: November 20, 2019 2:11 pm
7 years ago
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2 Min Read
lawmakers

The Senate Committee on Public Accounts has asked the Presidency to be ready to produce and defend its audited account before it.

This comes barely 24 hours after President Muhammadu Buhari hit the National Assembly saying that Nigerian had spent N1 trillion on Constituency Projects without anything to show for it.

Briefing reporters in Abuja on Wednesday, the Chairman of the Senate Committee on Public Accounts, Senator Matthew Uroghide, issued similar notice to various defaulting Ministries, Departments and Agencies (MDAs), including the Central Bank of Nigeria, Federal Inland Revenue Service and the Niger-Delta Development Commission (NDDC) to in seven days, come forward with their audited accounts in the last two years.

Uroghide said all the various government agencies including the ones fighting corruption (making a veiled reference to the EFCC and the ICPC) have refused to come forward with their audited accounts despite several letters to that effect to them.

He said many of the agencies have not audited their accounts in the last twenty years; pointing out that his panel was determined to bring every one of them from the Presidency to the smallest government agency to the public arena.

The Senate panel probe begins next week.

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