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11 Jan 2017

President Buhari Appoints Auditors to Monitor Finances of Nigerian State Governors

The Muhammadu Buhari administration has appointed auditors to monitor the finances of 35 state governors, ThisDay reports.


The states in contention are those which accessed its N510 billion Budget Support Facility (BSF) in June last year.

Already, eight reputable accounting firms including KPMG, Ernst and Young and PWC, had been appointed to undertake an independent review of states’ financial management positions.

The auditors are required to monitor and evaluate the implementation of the 22-point Fiscal Sustainability Plan (FSP) which was the precondition for accessing the intervention by the benefiting states.
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