Anambra Assembly Passes Bill For Management Of It’s Funds

The Anambra State House of Assembly has passed a bill for a law to provide for the Management of Funds of the State House of Assembly 2021.

The bill which was presented to the House by Majority Leader, Dr Nnamdi Okafor during yesterday’s plenary was passed after it was adopted clause-by-clause at the committee of the whole.

House of Assembly Correspondent, Chukwuemeka Modilim was there and reports

that the bill seeks to provide for the management of Funds accruing to the State House of Assembly from the Consolidated Revenue Fund of the State in order to ensure accountability, transparency, effectiveness and efficiency in the utilization of the funds .

It provides that the Anambra State House of Assembly Funds Management Committee shall consider the manner in which funds on the House Account are applied for the services and administration of the House of Assembly,  and other relevant agencies of the House of Assembly.

It also stipulates that the committee shall upon receipt of the allocation to the State House of Assembly from the State Accounts Allocation Committee, approve the transfer of the amount due to the various sub Accounts stated in Section 4(2)(c) of the law accordingly, among others.

Speaker of the House, Right Honourable Uche Okafor read out the bill to the House, while the legislators supported it through a voice vote.

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