Lagos State Deputy Governor and All Progressives Congress governorship candidate for the 2027 election, Obafemi Hamzat, has defended the state\u2019s financial transparency, saying government accounts, audit reports, procurement records and project costs are published for public scrutiny.\n<\/p>\n
Hamzat said his proposed administration would sustain transparency through the Lagos Treasury and the Hamzat Compact, which he said would ensure that residents had access to information about government revenue, expenditure, loans and projects.\n<\/p>\n
He spoke during a town hall meeting organised by BusinessDay, where he responded to concerns about transparency and accountability in the management of public funds.\n<\/p>\n
The deputy governor said the state government published its financial information quarterly and subjected its accounts to annual external audits.<\/p>\n
He challenged residents who questioned the government\u2019s transparency to examine the information available on the Lagos State Government\u2019s website.<\/p>\n
He said, \u201cSomebody on this floor said, I saw the publication, and I critique it.\u2019 It\u2019s because it\u2019s there. It is because it\u2019s there. It is published quarterly. This state gets audited. This government publishes it quarterly.\n<\/p>\n
\u201cEvery year, external auditors audit the Lagos State Government; every year, the report is presented publicly. So what you choose to see, well, maybe you need to give it up, but we\u2019ll give it. So the bottom line is that everything today is published.\u201d<\/p>\n
Hamzat also said information on government procurement and public-private partnership arrangements was accessible through dedicated websites. <\/p>\n
He explained that the state had a public-private partnership office to provide information on projects involving collaboration between the government and private investors.\n<\/p>\n
On government borrowing, the APC candidate said the Debt Management Office was required to document loans and projects, adding that relevant information was also submitted to the Securities and Exchange Commission and the National Assembly.\n<\/p>\n
He said, \u201cBut for us, what is important is to make sure that every money that is spent, that we have a DMO office.\n<\/p>\n
\u201cThat office must write for every project that we do, for every loan that we get, for everything that we must do. We must send it to SEC, must send it to the Senate. So it\u2019s public information. It\u2019s transparent, it\u2019s open, and you can see what the state government is doing.\u201d\n<\/p>\n
Hamzat further cited the Lagos Blue and Red rail lines as examples of projects whose contract amounts were made public, arguing that the government disclosed the costs of its infrastructure investments.\n<\/p>\n
He said the availability of such information was part of the transparency framework he intended to maintain through his proposed administration.<\/p>\n
Source: <\/p>\n
Lagos State Deputy Governor and All Progressives Congress governorship candidate for the 2027 election, Obafemi Hamzat, has defended the state\u2019s financial transparency, saying government accounts, audit reports, procurement records and… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-16834","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/16834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=16834"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/16834\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=16834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=16834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=16834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}