News Update

Anambra House Passes Bill for Law to Manage Fund

Accruing to House from Consolidated Revenue Fund

By Mmaduabuchi Onwumelu

The Anambra State House of Assembly has passed a bill for a law to provide for the management of funds accruing to the Anambra State House of Assembly from the consolidated revenue fund of the state.

The bill was passed during last plenary.

According to the Majority Leader, Dr. Nnamdi Okafor, 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.

At committee of the whole, the House deleted Section fifteen: one of the bills which stipulates that the Chairman of the Anambra State House of Assembly Committee on Finance and Appropriation not be allowed as a member of the state Account Allocation Committee and as well amended Section seventeen, subsection four of the bill.

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