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            Home » Anambra Assembly passes Legislative Fund Management Bill
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            Anambra Assembly passes Legislative Fund Management Bill

            techBy techJuly 29, 2021No Comments2 Mins Read
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            The Anambra State House of Assembly has passed its Legislative Fund Management Bill to facilitate and strengthen the implementation of financial autonomy for the state legislature.

            The Bill entitled: “Anambra State Legislative Fund Management/Financial Autonomy Bill, 2021”, was passed after third reading on Thursday.

            The lawmakers, at the Committee of the Whole House, took turns to scrutinise the 19-Clause Bill before its passage.

            The Speaker, Mr Uche Okafor, conducted a voice vote on each of the sections of the bill before its passage by the House.

            Okafor said: “Having considered the Third Reading of the Anambra State House of Assembly Legislative Fund Management /Financial Autonomy Law 2021, and to provide for other related matters, the bill is hereby passed.”

            The speaker directed the Clerk of the House, Mr Pius Udo, to forward a clean copy of the bill to Gov. Willie Obiano for his assent.

            The bill states that the state House of Assembly shall manage its capital and recurrent expenditure in accordance with the provisions of the 1999 Constitution as amended.

            It says that the capital expenditure, in its budget, shall include purchase of vehicles and office equipment, construction of the House buildings, renovations, repairs and maintenance.

            It also said that there shall be an establishment of the House of Assembly Funds Management Board for effective, efficient and prudent financial management of the legislative arms of government.

            “The Board shall consider the manner in which funds are applied for the services and administration of the House of Assembly, the House of Assembly Service Commission and other relevant agencies of the Assembly, ” it said.

            Also, at the plenary, the Anambra State Judiciary Fund Management/Financial Autonomy Bill was read for the second time.

            The bill was committed to the House Committee on Judiciary, headed by Mr Douglas Egbuna.

            The News Agency of Nigeria (NAN) recalls that President Muhammadu Buhari, through an Executive Order, had granted full financial autonomy to the legislature and judiciary, the second and third arms of government, on May 23, 2020.

            The house adjourned until Aug. 3 for plenary. (NAN)

            Anambra State Judiciary President Muhammadu Buhari
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