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CBN, Auditor-General Clash Over Audit Report

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[caption id="attachment_8776" align="alignnone" width="640"]CBN Governor, Godwin Emefiele[/caption]

It was a show of serious contradictions at the National Assembly on Thursday as th Central Bank of Nigeria (CBN) and the Auditor-General of the Federation, openly disagreed on the audited reports of Ministries, Departments and Agencies (MDAs) from 2009 to 2014.

Representatives of both the CBN and Auditor’s-General office at a one-day briefing for accounting officers of federal MDAs, organized by the Senate committee, could not agree on audit reports submitted.

Auditor- General of the Federation, Samuel Ukura, represented by a director in his office, Isaac Olurotimi Dada, accused many of the MDAs of non-submission of annual audited reports from 2009 to 2014.

Ukura, maintained that the MDAs have not lived up to expectation and forwarded their ‘indictment’ to the Senate.

However, most of the MDAs like the CBN countered his claim with submission of the reports with evidence.

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The CBN Deputy Governor (Operations), Bayo Adelabu, who represented the governor, Godwin Emefiele, showed that the apex bank submitted its audited reports for 2010, 2011, 2012 and 2013 to the office of the Auditor- General based on queries raised to that effect.

Emefiele told the committee that in line with section 65 (3d) of the 1999 constitution as amended and Act of parliament of 2007, the apex bank submits its annual reports of any previous year on February 28 of every year.

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This came as the Senate Special Committee on Public Accounts gave the Audit-General to matching order to henceforth submit all certificates of clearance of audited reports of MDAs to the committee for onward proper verification.

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