The Auditor Normal of the Federation, Shaakaa Chira, stated the N8bn funds for the Auditor Normal’s workplace isn’t sufficient to audit over 1000 Ministries, Departments and Companies (MDAs) and the N28.7 trillion annual funds.
He additionally stated his workplace is in partnership with the Nationwide Meeting for the passage of the Audit Invoice which has been within the legislative chamber for the previous ten years
Chira said this in Abuja on Wednesday on the public presentation of the Workplace of Auditor Normal’s strategic plan 2024-2028.
Talking on the strategic plan, he stated the OAUGF 2024-2028 plan encapsulates the aspirations of the Administration and Workers to contribute to the federal government’s agenda to stem the tide of corruption, cut back waste and income leakages to the barest minimal, guard towards diversion of public assets, whereas calling for extra funding as the present budgetary provision is insufficient.
He stated, “It could shock everybody to notice that the OAuGF at present audits or conducts periodic checks on over 1,000 Ministries, Departments and Companies (MDAs) together with Nigeria’s Overseas Missions.
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“Whereas the federal authorities’s funds has been rising over time, the funds made out there for the OAuGF to hold out the audit have diminished in contrast with the associated duties.
“For example, the overall allocation to the OAuGF for the 2024 monetary yr is N8,165,312,037.00 (Eight billion, 100 and sixty-five million, 300 and twelve thousand, thirty-seven naira), with 65% as personnel price, to audit the federal authorities’s funds of 28.78 trillion for a similar interval, other than the present proposal of extra N6.2 trillion laid earlier than the Nationwide Meeting which is able to deliver the overall funds to 34.9 trillion.”
He stated whereas the structure makes a broad provision for the independence of the OAuGF, “the specifics by way of operational/administrative procedures, its funds, and so forth., to protect its independence are usually not within the structure.
“That is why everywhere in the world, every audit workplace is additional backed by an audit Act.
“At this juncture, I wish to commend the tenth Home of Representatives, notably the PAC of the Home for the passage of the Federal Audit Service Invoice as I plead with the tenth Senate to offer expeditious concurrence to the invoice which is already earlier than it.”
Additionally talking, the Secretary to the Authorities of the Federation, Sen. George Akume, affirmed the federal government’s dedication in supporting Nigeria’s audit system.