Who is afraid of the Auditor-General?, By Dayo Olaide
Assenting to the Federal Audit Service Bill would strengthen the last mile of public finance management, reduce revenue leakages, improve efficiency in public spending, enhance investor confidence, and give real teeth to Nigeria’s anti‑corruption architecture.
Segun and I agree that the Federal Audit Service Bill deserves more public attention than it has received.
For years, the Auditor-General and the Public Accounts Committees of the National Assembly have complained that many Ministries, Departments, and Agencies (MDAs) fail to submit audited financial statements within the legally required period, submit incomplete accounts, ignore audit queries, or refuse to appear before parliament to account for their allocations.
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