close
Saturday, January 29, 2022

Buhari has managed Nigeria’s resources well, says Accountant-General of the Federation

“It is on record that the present administration has demonstrated a very strong will and commitment in its drive for managing scarce resources for the public good.”

• January 29, 2022
Ahmad Idris, Accountant General of the Federation (AGF)
Ahmad Idris, Accountant General of the Federation (AGF)

The Accountant General of the Federation (AGF), Ahmed Idris, says President Muhammadu Buhari’s administration’s financial reform is yielding positive dividends.

Mr Idris who spoke in Abuja on Friday, also said that it has recorded commendable achievement in the management of scarce resources since the assumption of office in 2015.

“It is on record that the present administration has demonstrated a very strong will and commitment in its drive for managing scarce resources for the public good,” he said.

Mr Idris said reforms such as the Treasury Single Account (TSA), IPPIS, and GIFMIS, among others, had helped the government to maximise scarce resources in the last few years.

“When I was appointed as the AGF by Buhari, my team and I were determined to infuse a lot of vibes into the numerous Public Finance Management (PFM) reform initiatives.

“The primary objective of the PFM reforms is to ensure the sustenance of a stable fiscal position of the Federal Government that will engender efficient delivery of public goods and services transparently,” Mr Idris explained.

He spoke at his investiture as the first President, Post Chartered, and Chairman of Council of the Chartered Institute of Treasury Management (CITM).

Speaking on the institute, Mr Ahmed said that the journey to achieve the legal charter was a very difficult one, adding however that the diligence and tenacity of the founding fathers paid off.

He said that the passage and assent of the Chartered Institute of Treasury Management (Establishment) Act, 2021 would also help the sector.

(NAN)

More from Peoples Gazette

Economy

Buhari regime will continue to borrow without subsidy removal: Femi Adesina

“You know how much could have been saved if the subsidy was removed and how it could have been diverted to other areas and spheres of national life.

Florence Parly, Mali military leader

Africa

France won’t stay in Mali if price is too high: Defence Minister

Mali’s junta has told France to stop interfering in the affairs of its former colony and to keep its “colonial reflexes” to itself.

Ikeja Electric

States

Eko, Ikeja DisCos blame drop in generation for power outage

The reduction has been blamed on a drop in supply in power generation from an average of 3,700MW to 2,000MW per hour.

Bola Ahmed Tinubu

Politics

I’m running my Nigerian presidential campaign in London: Tinubu

The presidential hopeful has been heavily criticised by Nigerians for embarking on the trip.

Buhari, Ahmed Lawan and Gbajabiamila

Politics

Unlike Biden, Buhari enjoys funding authorisation from lawmakers: Fashola

“The American government is struggling to get authorisation from their own parliament to start what we are already doing.”

Road Safety Officiers

NationWide

FRSC calls for motorists cooperation to end Abajana gridlock

The agency said it hoped to “drastically reduce the carnage and wanton loss of lives along our highways and equally ensure free flow of traffic.”

Governor Samuel Ortom

States

Anti-open grazing law effective in Benue: Commissioner

“The law has helped to put the incessant and unprovoked herdsmen’s attack on Benue communities in check.”