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LequteMan
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Nigeria - KPMG & PwC have been hired to audit the finances of federal revenue generating agencies.
Edo State governor, Adams Oshiomhole, after a meeting with the National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation Account disclosed this on Thursday.
Buhari Appoints KPMG & PwC to Audit Financial Records of NNPC, CBN & Other Agencies
“We have decided to hire two audit firms, KPMG and PwC, to carry out the audit of all the agencies and government will decide what to do. We are doing this because we are sitting governors.
He said while the committee had taken the presentation of some of the agencies, it would still take more on a later date.
“The interaction has been quite interesting. We have heard from the agencies and they understand what the issues are. Many of them are new by virtue of the recent changes. We are convinced that the audit firms will do a professional job and help the government. The job is going on quietly.”
Oshiomhole said while the committee did not give the audit firms a timeline to carry out the exercise, he expressed the hope that they would do their job as quickly as possible without compromising their integrity.
PUNCH
Edo State governor, Adams Oshiomhole, after a meeting with the National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation Account disclosed this on Thursday.
Buhari Appoints KPMG & PwC to Audit Financial Records of NNPC, CBN & Other Agencies
“We have decided to hire two audit firms, KPMG and PwC, to carry out the audit of all the agencies and government will decide what to do. We are doing this because we are sitting governors.
He said while the committee had taken the presentation of some of the agencies, it would still take more on a later date.
“The interaction has been quite interesting. We have heard from the agencies and they understand what the issues are. Many of them are new by virtue of the recent changes. We are convinced that the audit firms will do a professional job and help the government. The job is going on quietly.”
Oshiomhole said while the committee did not give the audit firms a timeline to carry out the exercise, he expressed the hope that they would do their job as quickly as possible without compromising their integrity.
PUNCH