Ogun state assembly commences consideration of 2018/2019 audit report

Yanju Uwala in Abeokuta

The Ogun State House of Assembly has commenced the consideration of year 2018/2019 audit report of the Auditor General for State and the financial statements of Ministries, Departments and Agencies of Government (MDAs).

Penpushing reports that, the commencement was through its Committee on Public Accounts and Anti-Corruption (PAAC) with a task towards making them put up more strategies aimed at promoting accountability and transparency in their financial transactions.

The Chairman of the Committee, Hon. Musefiu Lamidi, gave the charge while leading other members of the Committee to examine the Audit report of the Gateway ICT Polytechnic, Saapade at the Assembly Complex, Oke-Mosan, Abeokuta.

Penpushing further reports that, Lamidi, further stated that the agencies of government must continue to uphold the principles of accountability and prudency in the implementation of the appropriation law, with a view to preventing waste and blocking leakages to have value for money in the running of government business.

The lawmaker added that officials in charge of financial management need to avoid errors, especially in the computation of financial expenses, while ensuring an up-to-date asset registers to document all tangible and intangible properties in their custody for asset tracking as well as insurance for the asset where necessary.

Penpushing also reports that while commending officials from the office of the State Auditor General for ensuring a thorough job in auditing the financial records of the MDAs in conformity with the Appropriation Law passed by the Assembly, he warned that appropriate sanctions awaited any erring official(s) found wanting in the process of promoting transparency in the running of government business.