Fidelity bank banner Camano banner
Lawmaker to auditors: Ensure judicious use of public funds

By News Express on 12/01/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,588


The Chairman Public Accounts Committee, Lagos State House of Assembly, Hon. Moshood Olanrewaju Oshun, has described the auditors in the State Civil Service as the watchdogs of the society.

He stated this at the weekend while delivering his keynote address at the opening ceremony of the 6th Annual Auditors’ Retreat organised by the Office of the State Auditor General at Lekki Peninsula Resort, Ajah.

The lawmaker said: “To whom much is given, much is expected. As auditors, you are expected to be the eyes of the people in ensuring judicious use of public funds.” He noted that auditors and legislators are expected to collaborate in order to ensure good governance that is based on probity and accountability.

Oshun, who was a Special Guest of Honour at the event, themed ‘Corruption, Insecurity and Economic Development: The Role of Audit’, described the theme of the retreat as apt considering the efforts of the House in enhancing the Audit exercise as watchdog of government activities in the state.

The Chairman enjoined the participants to ensure effectiveness and efficiency during the preparation of Audited Accounts of Ministries, Departments, Agencies and Parastatals in the State.

In her goodwill message, the State Head of Service Mrs. Olabowale Ademola, stated that economic development would only be assured when the actions, economic activities and financial integrity within any given political entity are safeguarded by an efficient and effective financial audit.

Highlighting the role of Public Sector Auditing, she noted that given its unique role of providing unbiased assessment of public expenditure profiles and reports, auditing represents the cornerstone of good public sector governance.

She added that, in view of this, auditors can help public sector organisations achieve accountability and integrity, improve operations and instill confidence in the citizens and stakeholders by strengthening governance responsibilities of Oversight, Insight and Foresight.

Earlier, the State Auditor General, Mrs. Helen Deile, noted that it is so sad that the society has internalised corruption to the extent that anyone that maintains integrity becomes an outcast in the society because corruption is being celebrated.

She therefore implored all auditors, as major stakeholders in the fight against corruption, to look inward and review their activities, processes and reporting and venture into other areas of auditing that would make our executives more accountable to people.

The Auditor General listed other topical areas covered by the workshop to include Risk-based Audit, the Effect of Treasury Single Account (TSA) and Performance Audit as a strategic tool in enhancing Good Governance, among others.

Deile also stressed the need for effective synergy between the Office of State Auditor General (OSAG) and the House of Assembly Public Accounts Committee (PAC) if the issue of corruption must be addressed, noting that prompt consideration of Audit Reports and upholding appropriate sanctions on erring officers with proper follow up would send the right signal to all Public Officers.

•Photo shows Hon. Moshood Olanrewaju Oshun.

Source News Express

Posted 12/01/2016 6:08:46 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
MOSOP suspends 3 for anti-Ogoni activities

SON decries quality compromise by concrete manufacturers

Man bags life imprisonment for defiling church member...

APC dividing Nigeria: Lawmaker

Whistleblowing: Nullify sack of lecturer, AFRICMIL tells Education...

Niger Delta indigenes give conditions for take-off of...

Inflation shoots up to 17.9 percent

2019: Oshiomole vows to win Ogun, Imo for...

Activist faces death for dumping Islam

Abia Government appeals for cooperation of traders, residents...

Igbos lose out as Jonathan changes Military Chiefs...

Ortom begins renovation of government schools in Benue...

 

Latest News Ohanaeze set to host Afenifere, Arewa, PANDEF at Igbo Day celebration 2019 elections: APC, PDP disagree over readiness Ndume begs colleagues not to boycott 2019 Budget presentation Temple food kills two children, 9 others PDP rejects INEC plan to create poling centres in IDP camps Kaduna APC Primary: Aspirant alleges threat to life Umahi sacks Ebonyi Broadcasting Corporation Board Chairman Insurgency: Buhari, other Lake Chad Basin leaders meet in Abuja Development partners facilitate science-policy interaction in West Africa Tragedy hits Nigerian football as star defender Dominic Dukku slumps and dies before match Okowa mourns Delta CJ’s wife, urges Nigerians to live impactful life Defence Minister charges War College participants to remain apolitical

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (430,504 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (395,236 views) Shameless Genevieve Nnaji exposes breasts in public (328,089 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (282,088 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (248,139 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,419 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,347 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,527 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (179,971 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,667 views) Lagos plane crash: Journalist releases victims’ names (167,399 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (153,858 views)

 

CBN banner Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,883) Business Verdict (54) Columnists (974) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (679) Global Business Monitor (313) International (2,830) Interview (167) Live Commentary (28) Love Matters (147) Maggie's Blog (74) News (41,462) Opinion (1,153) Pidgin (13) Politics (8,183) Religion (916) Sports (1,822) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera