Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,257 members, 7,780,552 topics. Date: Thursday, 28 March 2024 at 04:22 PM

Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others (12499 Views)

Court Stops Buhari, CBN, Others From Suspending Currency Swap Policy / Buhari Appoints Aghughu Adolphus As The Auditor-general Of The Federation / Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Emmanuel360(m): 5:40am On Mar 28, 2021
seunmsg:


Even if ministries that are constitutional to be audited by the Auditor General declines him access to accounting records, he can’t compel them in any way. All he can do is put it in his report and send to National Assembly.

So, it doesn’t matter if it’s a ministry or statutory corporation. It is a general problem that FG must tackle by immediately repealing the Audit Ordinance act of 1956 and passing the Federal Audit bill 2021 into law.
Buhari fails to assent Federal Audit Bill since Jan 2019


The President, Major General Muhammadu Buhari

DESPITE his vaunted anti-corruption stance, the President, Major General, Muhammadu Buhari (retd.), has failed to sign the Federal Audit Bill, two years after it was presented to him for assent.

The bill, which was passed by the eighth National Assembly, aims to give legal backing to the Auditor-General of the Federation for effective auditing of all revenues accruing to the federation and expenditures.

It also empowered the Auditor General of the Federation to issue an arrest warrant and penalise officials and agencies which refused to submit their financial statements for audit.


But the Presidency has kept mum over the bill which was passed in 2018 and submitted for assent in January 2019.

Commenting on the failure of the President to sign the bill into law, a former Nigerian ambassador to Austria, Jerry Ugokwe, said Buhari had not communicated to the National Assembly his reason for not assenting the bill.

Ugokwe, who spoke at a breakfast session with journalists on the Federal Audit Bill, organised by the Paradigm Leadership Support Initiative in Abuja on Friday, said the nation was still operating the obsolete Audit Ordinance Act of 1956.

The retired envoy alleged that the President was prevented from assenting the new audit bill by about 10 agencies, which he said refused to attend the public hearing on the bill.


“It is sad that the agencies which refused to attend the public hearing on the bill went to prevail on the President not to sign it into law. It is more disheartening that the National Assembly lacked the courage to override the President,” he noted.

Speaking on the race for the office of the AuGF, the Executive Director, Paradigm Leadership Support Initiative, Mr Olusegun Elemo, said that the states Auditors-General and other qualified professionals were being excluded from contesting for the vacant position by the Federal Government.

Noting that the process for contesting for the AuGF was opaque, he said this might be a ploy to reserve the position for a pre-selected candidate.

Elemo called on the President to assent the Federal Audit Bill, which he said would help in preventing corruption, rather than “fighting corruption.

https://www.google.com/amp/s/punchng.com/corruption-buhari-fails-to-assent-federal-audit-bill-since-jan-2019/%3famp

2 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seunmsg(m): 6:12am On Mar 28, 2021
seguno2:


What is the feedback from your senator and representative after lobbying them for this Audit Bill

To be honest, it would take more than lawmakers commitment to get the audit bill passed into law. There is a serious need to lobby some people in the executive to buy into the bill or else the story will remain the same.

The Fed Audit bill was first passed into law during the Obasanjo administration but baba refused to give assent for some reasons. The bill was again passed by the 8th assembly and the president declined assent again for reasons he never disclosed.

So you see, it’s not enough to just lobby the lawmakers to pass the bill, the presidency must also be lobbied to give assent.

1 Like 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Amg63: 6:24am On Mar 28, 2021
:oDid the AuGF just say that's? :oDid the AuGF just say that? That office should be closed down since they cannot audit some agencies according to him....we don't need the office because it is useless.

1 Like

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by lexy2014: 6:25am On Mar 28, 2021
straighttalk:
Then Who Has the Powers?

Sunday igboho and Sheik Gumi
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Goditto(m): 6:33am On Mar 28, 2021
CBN, NNPC cash cow for Northerners. They will not allow it to be audited.
Citedals of irredeemable rot.

2 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Coldie(m): 6:43am On Mar 28, 2021
Tolexander:
He said they have no power to compel them if the agencies decline the request from the Auditor General’s office
People who wrote that 1999 constitution are real thieves
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seguno2: 6:50am On Mar 28, 2021
seunmsg:
To be honest, it would take more than lawmakers commitment to get the audit bill passed into law. There is a serious need to lobby some people in the executive to buy into the bill or else the story will remain the same.

The Fed Audit bill was first passed into law during the Obasanjo administration but baba refused to give assent for some reasons. The bill was again passed by the 8th assembly and the president declined assent again for reasons he never disclosed.

So you see, it’s not enough to just lobby the lawmakers to pass the bill, the presidency must also be lobbied to give assent.

I guess that we can’t get our lawmakers to override the president’s non assent of Bills.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Westerville: 6:50am On Mar 28, 2021
And who is our petroleum minister??.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by NwaIgboBoy(m): 6:51am On Mar 28, 2021
[quote author=straighttalk post=100271498]Then Who Has the Powers?[/quote
is Grant Thornton Nigeria (chartered accountants)!
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Minjim: 6:53am On Mar 28, 2021
Tolexander:

Our constitution is very faulty.
These agencies which can’t be audited are the agencies having not less than 95% of our revenue and economic resources. These are agencies where corrupt officers are taking out the largest chunk of our resources

The Constitution was deliberately drafted to accommodate the corrupt tendancies of any crook in power.
It's purposefully faulty

1 Like

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by sunnymaja(m): 6:58am On Mar 28, 2021
Auditor General cannot audit them because they don't derive income from federal budget. They are independent. Hence only the external Auditors appointed by their board of directors can audit them. It is a constitutional issue
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Ijeleigbo(m): 7:06am On Mar 28, 2021
The 1999 constitution! That's where the real problem lies!! I expect the next Government to amend the 1999 constitution and restructure the country.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Yankee101: 7:12am On Mar 28, 2021
Which constitution?
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Boyooosa(m): 7:16am On Mar 28, 2021
O wrong na embarassed

The clamour for constitution review is becoming more popular.
Someone like me don't always fault the constitution though rather the handlers because they don't even respect the parts that are adequate.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by djoey89: 7:24am On Mar 28, 2021
Christistruth00:
Senate should give the Auditor General that Power and require him to report the results of such audits back to the Senate and Nigerians.

If given such powers, he may end up collecting his own share of "shut up" money and he will have good table manners.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Bluntemperor: 7:29am On Mar 28, 2021
Racoon:
No wonder those agencies of government are unimaginable cesspool of unending corruption.Of course the NASS will never legislate to subject them to scrutiny because they are also getting their own cuts.These are some of the things that should not in the exclusive list of the executive because they simply fuel corruption.

It is designed to build and breed more corruption!.
That is why both the past and present regime are appointing their people to the lucrative sides of the system as there is no one to report to but just take away from the people.
It is the shame of a Nation for creating an organization without accountability.
It can only happens in Nigeria!
But more curiously,how can an organization like CBN(or NNPC,Pencon,etc)-who refused to be audited,would be asking Banks and other Financial Organizations,to submit audited Reports?
We are in a big mess in Nigeria!
This is the biggest Fraud of the Century

2 Likes

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by maxzzo1(m): 7:47am On Mar 28, 2021
Na wao so a whole auditor generation can't audit Nnpc(buhari) Buhari don finish naija
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by tolajay: 8:04am On Mar 28, 2021
So, what agency of government has the legal power to audit NNPC and CBN's account?

This country ehn!
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by dikeigbo2(m): 8:07am On Mar 28, 2021
Nigeria they hail thee as the giant of Africa with the biggest refinery,largest TV and Radio nta and frcn,one of the highest producer of crude oil and so on but. .....but but never benefited its commoners but the highly placed...1999 constitution the in. human history
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seunmsg(m): 8:18am On Mar 28, 2021
seguno2:


I guess that we can’t get our lawmakers to override the president’s non assent of Bills.

It think that has only happened once or twice since we returned to democratic rule in 1999. The onshore offshore dichotomy bill and another bill like that. Audit bill is not that important to our lawmakers to warrant them override the president’s veto.

1 Like 1 Share

Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by seunmsg(m): 8:35am On Mar 28, 2021
Bluntemperor:


It is designed to build and breed more corruption!.
That is why both the past and present regime are appointing their people to the lucrative sides of the system as there is no one to report to but just take away from the people.
It is the shame of a Nation for creating an organization without accountability.
It can only happens in Nigeria!
But more curiously,how can an organization like CBN(or NNPC,Pencon,etc)-who refused to be audited,would be asking Banks and other Financial Organizations,to submit audited Reports?
We are in a big mess in Nigeria!
This is the biggest Fraud of the Century

The part in bold is actually not correct. You guys seems to be misinterpreting the position of the law. The constitution never said those statutory corporations can’t be audited. The constitution simply said the Auditor General cannot audit them. The Auditor General is not the only Auditor in Nigeria.

To be clear, statutory corporations are established by act of parliament unlike ministries that are established by gazette. The act establishing this corporations already provided for the appointment of external auditors to audit their account annually. In essence, asking the Auditor General to still audit them would have amounted to double audit. Even at that, the Auditor General still has the power to review their audited report and carry out periodic checks on their activities.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by smsinnigeria(m): 9:15am On Mar 28, 2021
They are not to be blame. I curse Lord loguard for creating a fraudulent entity called Nigeria.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by pixey(m): 9:54am On Mar 28, 2021
Coldie:

People who wrote that 1999 constitution are real thieves
It is not just about bad leaders.The main problem is the 1999 constitution.That constitution is created based on oligarchy not democracy as most people believed. When such constitution is active. Christmas for looters ! The only way to amend the constitution for the people is WAR. Ofcourse we can't afford war but every other diplomatic options we would take will only lead to the insurmountable option.WAR! Only true lawyers can see how deceitful that constitution is.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Coldie(m): 9:56am On Mar 28, 2021
pixey:

It is not just about bad leaders.The main problem is the 1999 constitution.That constitution is created based on oligarchy not democracy as most people believed. When such constitution is active. Christmas for looters ! The only way to amend the constitution for the people is WAR. Ofcourse we can't afford war but every other diplomatic options we would take will only lead to the insurmountable option.WAR!
War between who and who?
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by TheAlchemist: 9:58am On Mar 28, 2021
The Auditor General lacks power to do his job , the Governors lack power over security issues in their States...was Nigeria designed to function sub optimally?
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by liverpudian9(m): 10:01am On Mar 28, 2021
Even NFF FIFA now go gree
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by pixey(m): 10:09am On Mar 28, 2021
Coldie:

War between who and who?

The people and hidden oligarchs with veto power through the faulty constitution.
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by Coldie(m): 10:09am On Mar 28, 2021
pixey:

The people and hidden oligarchs.
Who are the oligarchs?

If they are hidden then how do u know who to fight?
Re: Adolphus Aghughu: The Auditor General Lacks Power To Audit NNPC, CBN, Others by pixey(m): 10:17am On Mar 28, 2021
Coldie:

Who are the oligarchs?

If they are hidden then how do u know who to fight?
Look! Don't be naive. This is too obvious to answer.I don't want WAR but as long as there are people benefiting from this current constitution.Social media agitation is just like a puppy barking.This is the reality.

(1) (2) (3) (Reply)

FG Reads Riot Act To Contractors Handling Abuja, Port Harcourt Roads / Gunmen Kill PDP Chieftain In Benue / APC Chieftain Sponsors Weddings Of 7 Female Idps

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.