• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy AGF Meets With World Bank Budget Support Mission Team Pledges Commitment To...
  • Economy

AGF Meets With World Bank Budget Support Mission Team Pledges Commitment To Reforms In Public Financial Management

By
K. N. Offie (mrs.)
-
January 8, 2016
PRNigeria logo fearured image
The Accountant General of the Federation, Alhaji Ahmed Idris has restated his commitment to continue with already instituted  reforms aimed at improving public financial management in the Treasury Office.
Alhaji Idris gave this assurance yesterday, 6th January, when he met with the team of Budget Support Mission  from the World Bank at the Treasury House in Abuja, to discuss how to ensure the effective implementation of the 2016 Budget of the Federal Government.
Recalling the various technical and financial support the Country had received from the World Bank over the years, the Accountant General of the Federation described the World Bank as a great partner whose role in promoting sound economic and fiscal policies in Nigeria and indeed the world remains unparalleled.
According Alhaji Idris, the Office of the Accountant General of the Federation being on the driving seat for the implementation of the reforms in the public financial management has made tremendous progress in their implementation.
 Citing the transition from IPSAS cash basis to IPSAS Accrual basis from January 2016, Integrated Personnel Payroll Information System (IPPIS) which includes central personal cost monitoring has led to reduced cost of personnel, Government Integrated Financial Management Information System, (GIFMIS) which is a platform for e-payment and e-Collection as well as the full scale Treasury Single Account Implementation as among the success stories of the Nigeria’s Treasury. 
 Alhaji Idris further  said that the reforms are necessary so as to bring the country at par with acceptable global best practices.
He however noted with concern the challenges being faced with their implementation especially with regards to infrastructural and technical capacity and expressed optimism that the World Bank will provide the needed support to surmounting them, whilst pledging the readiness of the Treasury Office to take the relationship to the next level.
Earlier at the meeting, the leader of the delegation, Ismaila Ceesay, who is the Lead Finacial Management Specialist at the World Bank Country office in Abuja,  said they were at the Office of the Accountant General of the Federation to review Budget performance for the previous year and to provide technical support on the implementation of the proposed 2016 budget of the  OAGF. 
Mr. Ceesay observed that the Office of the Accountant General of the Federation is critical in meeting with the criteria required in receiving the Budget support from the World Bank given that it anchors the implementation of critical reform policies geared toward  efficient and transparent management of the public funds in the country. And pledged further collaboration towards meeting the planned proposal of Budget Support from the World Bank. 
 
K. N Offie (Mrs)
DD Press
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleMinister Of State Labour Tasks Resident Doctors On Industrial Peace And Harmony
Next articleGlobal PR Trends Summit Holds in Ghana February 18-19, 2016
K. N. Offie (mrs.)
K. N. Offie (mrs.)
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Aliko Dangote

FG Brokers Truce in Dangote–PENGASSAN Dispute

Governor Abba Kabir Yusuf, Kano State

Gov Yusuf Launches N800m Youth Empowerment Scheme in Kano

Customs Pledges Stronger CSR, Assures Support for Sister Agencies

CG Customs Bashir Adewale Adeniyi

Customs Launches One-Stop-Shop, Targets 48-Hour Cargo Clearance

L-R: Director at the Security Exchange Commission (SEC), Mr Abdukadir Abbas; CEO of CANAG Communications, Senator Iroegbu; Founder of WANA Foundation, Hajia Aisha Babangida; Managing Partner of Metropolitan Law Firm, Hajia Ummahani Ahmad Amin; Associate Director at First Trustees, Mr Abimbola Ajinibi, during the 7th African International Conference on Islamic Finance (AICIF) Pitch Competition in Abuja…Yesterday PHOTO KINGSLEY ADEBOYE

20 Startups Vie for N5m Grants in Africa’s Leading Islamic Finance Pitch Challenge

Zaccheus Adedeji FIRS Chairman

FIRS Urges Citizens to Embrace Voluntary Tax Compliance for National Development

Sule Y. Sule @60: Celebrating a Master of Strategic Communication

Customs PR Workshop in Kano

Customs Opens PR Workshop in Kano, Tasks Officers on Integrity

CG Customs Bashir Adewale Adeniyi

Customs, MAN Renew Ties to Deepen Economic Collaboration

Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite at the Money20/20 Conference

Nigeria, Saudi Arabia Strengthen Economic Ties at Money20/20 Conference

Customs, FIRS, Stakeholders Deepen Push for Single Window Implementation

FG Unveils World-Class Centre to End Passport Backlogs

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Military Floods Kwara Forests with Troops, Equipment to Crush Kidnappers
  • Gov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in Katsina
  • Tijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR Summit
  • Third Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and Prayer
  • Anambra Police Deploy 70 Fresh Constables to Boost Security
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Military Floods Kwara Forests with Troops, Equipment to Crush KidnappersGov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in KatsinaTijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR SummitThird Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and PrayerAnambra Police Deploy 70 Fresh Constables to Boost SecurityICPC to Prosecute Self-Acclaimed Kano Journalist for Alleged ₦14 Million FraudEx-Gov Yahaya Bello' s Fund Withdrawals Did Not Breach Banking Regulations, EFCC Witness Tells FCT CourtAtiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister's ResignationTinubu: Shuttle Diplomacy and the Power of Showing UpMAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable DiseasesFutureMap Graduates Over 1,000 Students from STEAM Camp in JigawaFinally, Tinubu's Embattled Minister Resigns Amid Certificate ScandalTinubu Confers National Honour on Outgoing INEC Chairman Mahmood YakubuArmy Partners Media to Tackle Fake News, Boost National SecurityBadaru Hails NAF’s Vision, Commissions New Headquarters Annex in Abuja
X whatsapp