The Lagos State House of Assembly has commenced the probe of the state’s Auditor-General’s report for Ministries, Departments and Agencies (MDAs) for the year 2022.
The Chairman of the House Public Accounts Committee, Kehinde Joseph, said the exercise is part of efforts to curb financial recklessness by state officials. He spoke on Monday at the Assembly complex during the start of the probe.
Joseph said: “The Assembly is poised to commence deliberations and considerations of the audited report of the State Auditor-General on the Accounts of the Lagos State Government for the year ended 2022, having been committed to the Committee for proper deliberations.
“This exercise will cover the period from 1st January to 31st December 2022 as well as the economic activities of all the Ministries, Departments, and Agencies of government in all sectors of the State Government. The committee will be inviting all heads of indicted MDAs for clarifications regarding the queries raised in the Auditor-General’s Report to enhance service delivery.
“The exercise will also ascertain the completion, accuracy, and reliability of the financial transactions within the sectors and confirm the level of compliance with financial regulations, relevant legislations, and accounting standards as well as reflect on each sector’s financial performance and position.
“In addition, the committee would confirm the revenue and budget performances of all MDAs, capital expenditure, reconciliation of the financial records with the Oracle system of the MDAs, and ascertain the project management and control systems of MDAs in Lagos State.”
Joseph said the probe is not a witch-hunt of any particular agency but part of efforts to ensure probity. He said the committee will compile its report and findings and make them available available for further deliberations by the House after the completion of the exercise.
“It is my hope that the resolution on the outcome of this exercise will facilitate effective management of resources in the State,” Joseph said.
