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Lagos Assembly looks into local governments’ and LCDAs’ finances

Lagos Assembly looks into local governments’ and LCDAs’ finances

To demonstrate the accountability of public finances in the state, the Lagos House of Assembly has started investigating the 20 local governments and 37 local government development areas (LCDAs). 

This was said by Mojeed Fatai, the chairman of the local House Committee on Public Accounts, on Saturday as the first phase of the screening got underway in Lagos. 

Mr. Fatai pointed out that supervision activities to ensure acceptance had started as part of the joint investigation by the Committee on Local Government Administration and Community Affairs and the Joint Committee on Public Account (local). 

The purpose of the exercise was to assess the state’s 20 LGs (Local Government Councils) and 37 LCDAs. Kosofe LG, Agboyi-Ketu LCDA, Ikosi-Isheri LCDA, Yaba LG, Lekki LG, Ibeju-Lekki LCDA, Imota LCDA, Epe LG, Isolo LG, Lagos-Island LCDA, and Itire-Ikate LCDA are among the companies participating in this first phase, which is scheduled to last till Thursday. 

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According to Mr. Fatai, the investigation aims to make sure that the money from the Joint Accounts Allocation Committee (JAAC) given to local governments and council development zones is used wisely. 

The reports of the joint committee’s findings following the investigation, Mr. Fatai continued, would be distributed to the House’s plenary for discussion and further examination.

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