National Assembly committed to prudent spending of public funds – Kalu

by Tom Chiahemen
0 comment 3 minutes read
The Deputy Speaker of House of Representatives, Rep. Benjamin Kalu

The Deputy Speaker of House of Representatives, Rep. Benjamin Kalu says the 10th Assembly is committed to collaborating with the Executive to ensure prudent use of funds by government agencies.

Kalu made this known at the unveiling of the House Committee on Public Accounts (PAC) and a workshop organised for its members by Africa Development Study Center (ADSC) in Abuja.

Kalu said PAC was one of the most important committees of the house, and its importance is underscored by its express creation by Section 85 subsection 5 of the Constitution.

He said the section states that PAC shall examine the audited accounts of government, showing the appropriation of the sums granted by the house to meet public expenditure and any report made by the Auditor General of the Federation concerning such account.

“In the 10th Assembly, PAC is committed to deepening engagement with the executive arm of government to ensure that Ministries, Departments and Agencies (MDAs) hold the principles of accountability, principles of transparency and products and the management of public funds.

“The PAC is also committed to strengthening the Office of the Auditor General of the Federation, in line with the best global practices ,” he said.

Kalu called on President Bola Tinubu to appoint a substantive Auditor-General of the Federation, saying that it was a sensitive office that cannot continue to have an acting director for over a year.

He said that when that was done, it would send the right signal out that the government is ready to pursue tax payers money and ensure effective usage.

The Chairman of the committee, Rep. Bamidele Salam (PDP- Osun) said the vision of the committee was to significantly improve on the delivery of the mandate of the Public Accounts Committee as enshrined in the Constitution, the Standing Orders of the house.

He acknowledged the work done by all the previous leadership and members of the public accounts committee of the house up to the 9th assembly.

“But the purpose we have set for ourselves, according to the charge of the speaker is to ensure that will improve on every area of the operations of the committee and that formed the canal of this vision.

“The mission is to ensure that ministries departments and agencies of the federal government utilise public funds in a lawful, predictable, transparent and accountable manner for the good of the Nigerian people.

“Because the assignment we have, whether as was political leaders for public servant or civil servants has only one goal, and that is the goal of service delivery to the shareholders with the core values of transparency, independence, fairness for public interest,” he said.

Earlier, Amb. Victor Oluwafemi, CEO of Africa Development Study Center (ADSC) said that ceremony is an opportunity for stakeholders to come together and work towards a common goal of strengthening the oversight role of the committee.

He said that with proper human capacity development, coaching, guidance, and resources, PAC will fulfil its crucial mandate in safeguarding public finances and ensuring the appropriate utilisation of public resources in line with national development and progress

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