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We've saved billions of Naira for FCTA - Audit director
• Tasks auditors on transparency, accountability, probity

20th Jan, 2020 | By Wisdom Acka, Linda Ani, Nazif Shehu and Favour Etionwu | ||

Auditors in the Federation Capital Territory Administration (FCTA) have been enjoined to continue to exhibit high sense of transparency, accountability and probity in discharge of their duties. Director, FCT Audit department, Barrister Faseyi Adeyinka Nathaniel made the call in his opening remarks during last week meeting of FCTA resident auditors organized to fashion out audit programme for this year in Abuja.

Explaining that it was customary for the department to hold periodic meetings to chart the way forward, Nathaniel stated that the meetings were necessary to enable the resident auditors to do their job professionally towards attainment of the mission and vision of FCTA. Speaking on the functions of his department, the director said it was difficult to fix a price tag on activities of the department even as he disclosed it has saved the Administration billions of naira which could have gone down the drain.

He said: "As of now, I may not be able to give you exact figure, but I can boldly say that the FCT Audit department has saved the FCTA a lot of money. We cannot quantify it financially. "For instance, we carry out investigations to block corruption in some of the activities of the FCT Administration. At the same time, one cannot accurately quantify some of these things in terms of figures, but it runs into billions of naira.

"Consequently, it can block leakages in the revenue of the Secretariats, Departments and Agencies (SDAs) and at the same time make them to be accountable in whatever they are doing. "So, I will not be able to give you exact figure but the activities cover a lot of areas. Loopholes that could encourage corruption are not allowed to exist in the system, which means all we are doing is to dissuade and discourage corrupt practices in our activities in the FCT Administration."

Another speaker at the event, Dr. Bala Kawu who delivered a paper titled 'Auditors Professional Ethics', underscored the importance of ethics in the audit profession and called on all auditors and accountants to imbibe it and always update their trainings to be in tune with changing trends in practice. Tasking the auditors to always be time-conscious in the discharge of their duties, Kawu urged them to stay committed to ethics because it was a critical factor in determining their performance.

Kawu, a former Director of Audit, but who is now Chairman and Chief Executive Officer, Al-Mubel Group of Companies, Abuja, also tasked the auditors and accountants to familiarize themselves with relevant financial documents, including the 1999 Constitution (as amended), Public Service Rules, Procurement and Internal Revenue Service Acts, among others. The one-day event was attended by staff of the department, particularly heads of audit units in the Secretariats, Departments and Agencies (SDAs) of the Administration.

News Update

According to the Minister, Sir Ohaa never shied away from difficult situations, a trait which he added he (Minister) found very useful in the running of the affairs of FCTA, adding that the job of Permanent Secretary of the nation's capital's bureaucracy was not an easy one.

Director of Public Health, Federal Capital Territory Administration (FCTA), Dr. Josephine Okechukwu, has counseled residents of the Territory to distance themselves from persons who fail to put on face masks.

Inspector-General of Police, IGP Mohammed Abubarka Adamu, received three operational vehicles donated by Innoson Vehicle Manufacturing Company Limited to the Nigeria Police Force in support of ongoing efforts at repositioning the Force for optimal performance.

Universal Basic Education Commission (UBEC) has commended Federal Capital Territory Administration (FCTA) for its efforts in development of basic education in the Territory.


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