Okonjo-Iweala challenges accountants on wastages, leakages in govt. revenue

he Coordinating Minister for the Economy and Minister of Finance, Mrs Ngozi Okonjo-Iweala on Friday, challenged accountants to address leakages in government revenue and wastages in expenditure pattern.

Okonjo-Iweala, represented by her Permanent Secretary, Mrs Nwobia Daniel, gave the charge at the opening of a two-day retreat in Kaduna.

The retreat was for Directors of Finance and Accounts and Heads of Internal Audit in Federal Ministries, Departments and Agencies (MDAs).

The minister said the retreat was to remind them on the importance of their roles in the government’s transformation agenda.

“The Federal Government therefore, expects that the retreat will discuss issues that will tackle the challenges of leakages in government revenue and wastages in expenditure patterns in MDAs.According to her, the participants are also expected to come up with strategies to ensure prudence in management of limited financial resources available for government’s use.“At the end of the retreat, deliberate policies aimed at minimising corruption and strengthening the economy through efficient treasury management should be suggested to fine-tune the transformation agenda, “she urged.She noted that the theme, “Transforming of Treasury Management in Nigeria,” was apt and timely, […]

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