Published
Lagos State House of Assembly has commenced a probe of Ministries, Departments and Agencies (MDAs) indicted in the 2021 Auditor-General’s report.
Public Accounts Committee (PAC) Chairman, Hon. Saka Solaja made the announcement on Wednesday when he and his colleagues received the first set of government officials summoned.
The PAC is a statutory establishment of Sections 125 and 129 of the 1999 Constitution of the Federal Republic of Nigeria as amended.
Solaja noted that the committee serves as an important instrument of checks, probity and accountability in legislative institutions at the federal and state levels.
The Lagos Assembly investigation would cover economic activities of all MDAs between January 1 and December 31, 2021.
Solaja explained that the aim was to seek clarifications regarding the queries raised in the report to enhance service delivery in the state.
“The exercise will also ascertain the completion, accuracy and reliability of the financial transactions, and confirm the level of compliance with financial regulations, relevant legislations and accounting standards.”
The PAC would confirm MDAs’ revenue and budget performances, capital expenditure, reconciliation of financial records with the Oracle System, as well as project management and control systems.
Solaja said Lagos had become a reference point for probity among other states, assuring that the legislature, under the leadership of Speaker Mudashiru Obasa, would not disappoint the electorate.
The findings of the committee would be presented to the House for further deliberation and action, according to the chairman who represents Ikorodu Constituency 2.
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