Lagos Assembly sets up committee to recover govt assets

The Lagos State House of Assembly has acceptable up an eight-member advertisement hoc committee to identify, papers and facilitate the betterment of government-owned assets crossed the state.

The committee is besides tasked with determining the presumption of some documented and undocumented properties and different assets belonging to the authorities government.

Speaking on Friday, the committee’s chairman, Obafemi Saheed, said the workout was portion of the Assembly’s oversight relation aimed astatine strengthening accountability and ensuring the due absorption of nationalist resources.

Saheed explained that the committee would analyse authorities spending, way the usage of nationalist funds and verify that taxpayers’ wealth was being deployed for its approved purposes.

“This workout volition assistance find the assets owned by the state, measure their existent conditions and found whether they were being efficaciously utilised for the payment of residents,” helium said.

He called connected Ministries, Departments and Agencies, MDAs, that had yet to taxable the required docu...