Assent to the Federal Audit Service Commission Bill
Calling on the Nigerian Senate and President Muhammadu Buhari to assent the FASC Bill
that will strengthen the office of the Auditor-General to execute its constitutional mandate of ensuring transparency, accountability and probity in the management of public funds.
Issues Arising
Ministries, Agencies and Departments (MDAs), often fail to submit their audited financial statements.
The OAuGF Office currently lacks the oversight powers to enforce its mandate and there are no sanction measures against defaulting bodies and persons in place.
Implications of Issues
Gross financial recklessness and public fund embezzlement that deprive the Nigerian government and people of money needed for development, in sectors such as health and education.