The Senate has initiated an inquiry into the financial records of 774 federal agencies following queries outlined in the 2019 Auditor General for the Federation report.
The Chairman, Senate Public Accounts Committee (SPAC), Senator Aliyu Wadada, who represents Nasarawa West on the platform of the Social Democratic Party (SDP), disclosed this in Keffi, Nasarawa State, while speaking with newsmen on Friday
He emphasized that the committee’s objective wasn’t to pursue witch-hunts but to ensure that its members carry out their duties diligently, prioritizing the country’s best interests.
Wadada also revealed that the 10th National Assembly, backed by President Bola Tinubu and key stakeholders in the nation’s economy, will soon initiate amendments to the 2007 Procurement Act. This move aims to prevent financial infractions before they occur.
Wadada said, “We have since started work on the 2019 Auditor General’s report before us. Under my chairmanship of this sensitive and strategic committee, I have repeatedly said it that we are not out to witch-hunt or pull down anybody.
“Our ultimate objective vis-a-vis the primary focus of the committee is to ensure transparency and accountability in the management of public funds.”