It revealed that of the N2.2 trillion released to the 70 MDAs it analysed, they could not account for a total of N455 billion.
Executive Director PLSI, Olusegun Elemo, who disclosed this, yesterday, at a virtual media briefing to unveil its findings, also revealed that the 2019 audit highlighted about 394 audit issues, 603 risks on public finance management, 342 management responses and 1,528 audit recommendations drawn from the report.
“The Buhari administration should stop relying on the 1956 Audit Ordinance Act and learn from subnational governments in the country, most of which enacted progressive audit legal frameworks between June and December 2021.
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