CBN, Auditor-General clash over audited reports

CBN Governor, Godwin Emefiele

The Central Bank of Nigeria, CBN and the Auditor-General of the federation, Thursday, sharply disagreed on the audited reports of Ministries, Departments and Agencies, MDAs from 2009 to 2014.

This came as the Senate Special Committee on Public Accounts gave the Audit-General to matching order to henceforth submit all certificates of clearance of audited reports of MDAs to the committee for onward proper verification.

Speaking separately, at a one-day briefing for accounting officers of federal MDAs, organized by the Senate committee, the Auditor- General of the Federation, Samuel Ukura, represented by a director in his office, Isaac Olurotimi Dada, accused many of the MDAs of non submission of annual audited reports from 2009 to 2014.

Ukura, who forwarded his office reports indicting the MDAs to the Senate, through the committee, insisted that they have not lived up to expectation in the submission of their audited reports within the period under review.But the agencies countered his claim with submission of the reports with evidence .

The CBN Deputy – Governor ( Operations) , Bayo Adelabu, who represented the Governor, Godwin Emefiele, in particular, debunked the claim made in the report of the Auditor- General that it didn’t make available its audited reports of 2010, 2011, 2012 and 2013 by declaring that its audited reports for the years listed, have long been submitted to the office of the Auditor- General based on queries raised to that effect.

He told the committee that in line with section 65 (3d) of the 1999 constitution as amended and Act of parliament of 2007, the apex bank submits its annual reports of any previous year on February 28 of every year.


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