• Wednesday, May 29, 2024
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Senate probes finances of federal agencies

Senate probes finances of federal agencies

The Nigerian Senate has begun an investigation into the financial records of 774 federal agencies following the queries raised against them in the 2019 report of the auditor-general for the federation.

Aliyu Wadada, chairman of the Senate committee on public accounts, who represents Nasarawa West, confirmed this to journalists in Keffi, Nasarawa State, on Friday

Wadada said the committee was not out to witch-hunt anyone, noting that members of the panel would discharge their responsibilities in the best interest of the country.

The senator also added that the 10th National Assembly, backed by President Bola Tinubu, was considering amendments to the 2007 Procurement Act to curb financial infractions.

Wadada urged heads of institutions at the federal, state and local government levels to embrace self-discipline in the discharge of their duties.

“We have since started work on the 2019 auditor-general’s report before us. Under my chairmanship of this sensitive and strategic committee, I have repeatedly said that we are not out to witch-hunt or pull down anybody.

“Our ultimate objective vis-a-vis the primary focus of the committee is to ensure transparency and accountability in the management of public funds,” he noted.