IGP CONSTITUTES WHITE PAPER REVIEW AND IMPLEMENTATION COMMITTTEE ON REPORTS BY AUDIT FIRMS

The Inspector General of Police, IGP Ibrahim K. Idris , on 29^th September, 2016 received special audit reports on Nigeria Police Investments companies and subsidiaries at the Nigeria Police Force Headquarters Abuja. 

The IGP while receiving the reports from Nebot Williams & Co. and Gbenga Abimbola (GA) & Co. both auditing firms, commended the firms for carrying out their mandate within global best practices and ethics of the profession. He said he and his management team were looking forward to constructive recommendations that if implemented will help in repositioning the subsidiaries for effectiveness, optimal services and benefit to men and officers of Nigeria Police Force.

2.       Consequent upon this, the IGP constituted a white paper review and implementation committee that will co-ordinate the administration of these recommendations in close liaison with auditing firms.

3.       The auditors, Nebot Williams and Gbenga Abimbola both principal partners in their various firms, while submitting their reports, intimated the IGP that their task, though arduous, had been completed with rapt attention paid to all the details availed them by management of the companies audited. The auditors further informed the IGP that they had carried out a critical financial appraisal of these companies and have come up with invaluable recommendations that if implemented, will help in repositioning them to conform with international best practices.

Some of the companies and subsidiaries audited are:

i.                    Nigeria Police H.M.O

ii.                  NPF Microfinance Bank

iii.                NPF Pensions Ltd.