Business Public Accounts Top Story

Ex-ICAN boss calls for constitutional amendment to mandate President to present annual audited accounts to NASS

Former president of the Institute of Chartered Accountants of Nigeria (ICAN), Ismaila Muhammadu Zakari, has urged the National Assembly to consider a constitutional amendment that would require the president to present the annual audited accounts before the National Assembly. Zakari’s proposal mirrors the process of seeking legislative approval for the budget, aiming to enhance transparency Read More…

Business Public Accounts Top Story

[Corrigendum] Transparency concerns in Lagos State as audit reports remain unpublished and Auditor-General confirmation lags

In a recent development, we published a story concerning the absence of audit reports from the Lagos State Government since 2019 and the delay in the appointment of an Auditor-General. However, we have since discovered that our initial report contained inaccuracies. The Lagos State Government did, in fact, publish audit reports for the years 2020, Read More…