Rivers Finance: House Committee Assures On Reforms

The Joint House Committee on Finance and Public Accounts has promised to champion new reforms that will inject accountability into the management of funds in the state.
They made public their plans, yesterday, during a public hearing on two executive bills: Rivers State Audit Reform bill and Rivers State Finance Control and Management bill 2019.
While the Audit bill seeks to repeal and re-enact an existing bill of 1999, the Finance and Control bill is a new bill set to streamline public finance and enforce transparency.
Chairman House Committee on Finance and Deputy Speaker, Hon. Ehie Ogerenye Edison said the public hearing is to get input from stakeholders and ensure that all forms of misappropriation are eliminated.
In his words, “if the bill is finally approved and passed into law the state would be one of the first to legally fight corruption.
Hon. Edison affirmed that the Chief Wike-led administration is against all forms of misappropriation hence it has sponsored the bill to streamline adequate appropriation of government funds.
Earlier, Chairman House Committee on Public Accounts, Hon. Major Jack submitted that the public hearing will streamline the bill and give it a modern look.
In his view it was high time the state reformed its audit system to give room for efficiency.
In the future, he said, accounting officers will be responsible as they are expected to be more prudent in their duties.
In a related development, the call for the establishment of the Rivers State Audit Service Commission has divided stakeholders in the public finance and accounts sector in the state.
Their views were made public during the public hearing on “The Rivers State Finance Control and Management bill 2019”, and “The Rivers State Audit Reform bill of 2019” held at the Assembly Complex yesterday.
While the Auditor- General of the State, Eliaz Akazu, advocated for an independent body to oversee audit processes in the state, Chairman of the State Civil Service Commission, Chief Oris Onyiri said it will conflict with service rules and duplicate functions.
Speaking through one Emmanuel Dappa, the Chairman of the State Civil Service said if the Commission is established, it will conflict with the mandate of the commission to oversee all public service matters, and therefore urged the Assembly to ensure that such provisions are duly addressed.
“When it comes to the discipline and promotion of auditors, it will relegate the duties of the Civil Service Commission, “ Onyiri declared.
Except in the appointment of Auditor General, which is exclusive of the Governor, Onyiri stated that other aspects of employment, promotion and discipline are under the Commission, stressing that auditors are civil servants.
Akazu had earlier posited that the Commission was necessary to inject efficiency and transparency in audit system.
He reasoned that, “auditing is moving away from the traditional system… The office should be funded through direct charge on government account or through budgeting”.
The State Auditor -General also sued for the establishment of a legal department to oversee grey legal areas instead of resorting to staffs loaned from sister agencies.
Meanwhile, a representative of the Rivers State University and Professor of Accountancy, Loveday Nwayanwu, has called for the inclusion of members of various high institutions in the proposed board of state audit.
Besides, Prof Nwayanwu argued that it will not be transparent if the auditors generally appoint somebody to audit his office.
Such duty, according to Nwayanwu, should be done by an independent body to create transparency.