With the hope of making public the daily treasury statement on how monies that come into government coffer are being spent, the Federal Government has launched Open Treasury Portal.
Executive Secretary, Nigeria Extractive Industries Transparency Initiative, Mr. Waziri Adio tweeted that all ministries , departments and agencies are mandated to publish , on a daily basis , reports of payments in excess of N5 m and over , monthly budget performance and sundry other official financial dealings.
Read Also: Return As Crusaders For A New Nigeria -Obaseki Charges Christian Pilgrims
The publications must be in line with the International Public Sector Accounting Standards , Adio said .
Adio had tweeted ,“ All the reports are to be published within stipulated deadlines on this portal : http: //opentreasury. gov .ng. The portal will be open to and can be accessed by all. ”
According to Adio , the Accountant General of the Federation will also publish on a daily basis inflows and outflows into the Treasury .
President Muhammadu Buhari , who was represented on the occasion by the Minister of State for Niger Delta, Senator Omotayo Alasoadura urged states and LGAs to key into this transparency initiative, which is line with the Open Government Partnership.
Discover more from EkoHotBlog
Subscribe to get the latest posts to your email.
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611