Politics

Osun State Legislative Fund Management Bill Passes Second Reading

The Osun State Legislative Funds Management Bill has scaled through the second reading on the floor of the Osun State House of Assembly, OSHA.

The bill, which would ensure accountability, transparency, effectiveness and efficiency in the utilisation of funds for the House of Assembly was considered at the Committee of Whole.

The lawmakers, during the Committee of the Whole took turns to effect some corrections in some clauses of the bill.

After thorough deliberations on the bill, the Majority Leader, Mr. Maruf Olarewaju moved a motion that the amendment and corrections made on the clauses should form part of the bill.

According to the bill, all moneys due to the Osun State House of Assembly for capital and recurrent expenditure shall be paid by the State Commissioners for Finance and Accountant-General into the Assembly’s account in Proratal basis in accordance with provisions of the 1999 Constitution as amended.

It also stated that the account of the Assembly shall be audited annually by the auditors appointed from the list of auditors, in accordance with the guidelines issued by the Auditor-General of the state.

Funmi Adekoya

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