The decision of the Federal Government to audit the utilisation of the N510bn stimulus package that was disbursed to states last year has received the backing of the commissioners for finance of the 36 states of the federation.The endorsement was confirmed by the Chairman, Forum of Finance Commissioners of the Federation Account Allocation Committee, Mahmoud Yunusa.

Yunusa, while speaking during an interview in Abuja on the sidelines of this month’s FAAC meeting, said the states would cooperate with the audit firms appointed by the government to carry out the exercise.

The Federal Government had last month appointed eight accounting firms to evaluate the rate of compliance by state governments with the implementation of the Fiscal Sustainability Plan, which they signed onto in June last year.

Click here to read more