Kwara Assembly moves to enhance fiscal transparency, accountability in MDA processes

The Kwara State House of Assembly has called for enhanced transparency in the audit processes of Ministries, Departments, and Agencies (MDAs) within the state.

The resolution was part of the discussions during the plenary proceedings on Wednesday, 8th May, 2024, presided over by the Speaker, Rt. Hon. Engr. Yakubu Danladi Salihu.

The lawmakers stressed the need for greater transparency by the presentation of the report from the Public Accounts Committee on the Audit Queries concerning the financial accounts of various MDAs for the year ended 31st December, 2022.

The report, presented by the Committee’s Chairman, Hon. Abolarin Ganiyu Gabriel (Ekiti), revealed that many MDAs had failed to respond to audit queries within the stipulated time frame.

The House urged all MDAs to comply with the Kwara State Audit Law, the Kwara State Financial Regulations, and other relevant regulations to ensure timely responses to audit queries.

The Assembly emphasized that non-compliance with these regulations could lead to sanctions and hinder the efficient oversight of public funds.

In addition, the House advised that the audit fees for all MDAs be centralized in the annual budget of the State Auditor-General’s office.

Editor

Ibrahim Sheriff is the Editor of Fresh Insight and former Special Assistant on Media to the Speaker, Kwara state House of Assembly. Although a management science researcher by training, he has over five years experience of practice in Journalism, Public Relations and Communication Strategy. Sheriff holds a Masters Degree in Finance and Bachelors Degree in Banking and Finance from Kwara state University, Malete. He has Certificates in Digital Journalism, Enterprise Creation and Skill Acquisition (ECSA) and Basic Econometrics Data Analysis, as well as Bank of Industry (BoI) Certificate in Business Management. He is also a holder of Diploma in Cooperative Studies from Kwara state Polytechnic, Ilorin.

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