Wednesday, April 14African Business News
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Tag: Assets

Experts seek assets, liabilities’ declaration reform

Experts seek assets, liabilities’ declaration reform

Business
Worried by the poor compliance with provisions of the Assets and Liabilities Declaration Framework (ALDF), among public officeholders, stakeholders have called for an urgent review of the policy in line with extant laws. Specifically, the stakeholders called for less-cumbersome provisions, digitalisation of processes, proper funding through National Assembly appropriation, expanded tribunal, consultative and participatory processes, among others. Recently, the Chairman, CCB, Mohammed Isah, said the level of compliance with the declaration of assets by public officeholders in the country is not encouraging. According to him, while there has been an improvement from the past, there is a need for all public officers to know that they are duty-bound to declare their as...