Daily Trust

Report on Abuja audit to be released soon – Auditor-General

- By Chris Agabi

The Office of the Auditor General (OuGF) has concluded the audit of the Federal Capital Territory (FCT), Abuja and will soon make it public.

The Auditor General of the Federation, Mr. Anthony Ayine, disclosed this when he hosted the World Bank team at the Treasury House in Abuja.

He said with greater autonomy of funding, more of those special audits would happen to the benefit of the economy.

“We have prepared and submitted an audit bill which the House of Representa­tives has passed and is now before the Senate. If the bill is passed into law, it will help us have the audit independen­ce a supreme audit institutio­n should have. If we have support from you in this area, we will appreciate it. For now, we lack that administra­tive and financial autonomy as a supreme audit institutio­n,” he said.

He also noted that because the Office of the Auditor-General of the Federation’s “remunerati­on is tied to the civil service structure, it has made it difficult to attract the kind of good hands we should have. If this bill is passed and we are taken out of public service structure, it will help us a great deal,” he said.

Mr. Edward Olowo-Okere, the Director, Governance Global Practice at the World Bank, said the World Bank will provide support to Nigeria’s audit processes to enhance public sector accountabi­lity.

 ??  ?? From left: Nigeria Deposit Insurance Corporatio­n (NDIC) MD/CEO, Umaru Ibrahim, presenting NDIC Souvenir to the Chairman, Alumni Associatio­n of the National Institute for Policy and Strategic Studies Abuja Chapter, Arc. Bola A. Balogun, during a...
From left: Nigeria Deposit Insurance Corporatio­n (NDIC) MD/CEO, Umaru Ibrahim, presenting NDIC Souvenir to the Chairman, Alumni Associatio­n of the National Institute for Policy and Strategic Studies Abuja Chapter, Arc. Bola A. Balogun, during a...

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