In accordance with the House decision, the Committee on Public Assets of the House of Representatives has started working to guarantee the asset register’s and public assets’ enumeration and assessment.
Rep. Ademorin Kuye, the chairman of the House Committee on Public Assets, disclosed this information to reporters on Thursday in Abuja.
In order to retrieve trillions of naira worth of stolen and abandoned public assets both inside and outside of Nigeria, Kuye said the committee resolved to move quickly. This would facilitate the federal government in carrying out the 2024 budget in its entirety.
A resolution was earlier voted by the National Assembly’s Green Chamber, encouraging the Ministry of Finance Incorporated (MOFI) to begin a thorough inventory and appraisal of all public assets.
The Nigerian Institute of Estate Surveyors and Valuers, or NIESV, was also tasked by the House with releasing an extensive asset inventory in a public record.
The chairman emphasised that the Committee on Public Assets is based on three pillars that define its mandate and stated that the Committee will also assess indiscriminate sales and misappropriation of government assets.
Guardianship of national assets, governance of forfeited assets, and strong control of public asset management and disposal in all MDAs are some of these, he claims.
