“Anambra has received over N400m from FG as Oil revenue in one year”


The Anambra State government  says it received over four hundred million naira from the Federal Government as oil and gas derivation fund as at December ended 2023.

The Commissioner for Economic Planning and Budget, Chiamaka Nnake made this known when she appeared before the House of Assembly Public Accounts Committee at the legislative building in Awka.

According to her, the state is however still working to validate the allocation accruable to the state, following its oil producing status.

The Commissioner described the Public Account as a process that has been in the finance and appropriation law, aimed at ensuring accountability and openness in governance.

She noted that the Anambra State House of Assembly members no doubt understand their responsibilities and have exhibited great commitment towards getting things right for the overall interest of the people.

Nnake also commended the lawmakers for their intentions and the rigor they go through while interacting with the Ministries, Departments and Agencies each time there is an interface between them.

She therefore noted that the Executive arm of government will continue to reciprocate by ensuring that all the MDAs do the right thing in other to strengthen the system for more dividends of democracy to the people.

Earlier the Chairman House Committee on Public Accounts, Mr Noble Igwe said the essence of the exercise is to verify the audited Accounts of all Ministries, Departments and Agencies of Government for the year ended December 2023 as provided by the Constitution.

Mr Igwe who represents Ogbaru Constituency 1 therefore urged all those involved, not to see the verification as a witch hunt but rather prepare themselves with the necessary documents required of them, in other to give good account of how tax payers monies, levies and revenues were utilized by the government.

THE RAZOR reports that the Committee however turned back the state Ministry of Agriculture because they did not comply with the necessary procedures and requirements in the letter of invitation issued them by the Public Accounts  Committee.

By Ifeizu Joe

Ifeizu is a seasoned journalist and Managing Editor of TheRazor. He has wide knowledge of Anambra State and has reported the state objectively for over a decade.

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