Nigeria: MDAs Must Publish Their Accounts in IFRS

23 December 2013

The current confusion in government accounting system is coming from the fact that ministries, departments and agencies of federal and state governments do not publish their accounts. In a number of these institutions of government, annual accounts are not prepared not to talk of their being published.

The various governments do not render account of income and expenditure to the people who elected them into the exalted offices they find themselves.

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