Presidential assent to Federal Audit Service Bill (1)

Audit is part of the budgeting and public finance management chain. While other parts of the chain including fiscal responsibility, public procurement, management of treasury funds, etc., have been reformed through new laws and policies, the audit component remains the weakest part of the chain. However, a chain is as strong as its weakest point and this accounts for the major part of the weaknesses in Nigerias federal public finance management system. Audit has long been neglected and it is hardly discussed in popular media. This discourse reviews the background legal and institutional audit environment and makes a case for presidential assent to theFederal Audit Service Bill.The post Presidential assent to Federal Audit Service Bill (1) appeared first on The Sun Nigeria.
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