HomeNewsNigeria NewsPresident Buhari assures openness in government financial transactions

President Buhari assures openness in government financial transactions

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Senior Special Assistant to the President on Media & Publicity, Garba Shehu has released a statement on behalf of the presidency.

According to him, all financial transactions by the Government will be open very soon.

President Muhammadu Buhari plans to run an open administration in terms of Finance.

According to Garba Shehu, the president made this remark at the Passing-Out Parade of Detective Inspector Course Five, of the Economic and Financial Crimes Commission (EFCC) in Kaduna.

“My resolve is to ensure that the reforms are deepened such that there will be no hiding place for corrupt persons and proceeds of corruption. My aim is to ensure that no government financial transaction is done in secret and all are subjected to public scrutiny,” President Muhammadu Buhari said.

“The objective of this administration is to institute a level of transparency in governance through mainly information technology platforms.

“Just as advanced democracies and some developing countries, I am determined that within a short period, citizens would be able to follow core government operations online,” he continued.

“Our government has reached [an] advanced stage in Fiscal Transparency. The Appropriation Bill is placed online within hours of its presentation in the National Assembly.

“The Budget Office of the Federation has been engaging interest groups in the budget cycle. A pilot scheme of 10 MDAs has been test running online display of their budgets and expenditure movements,” the president added.

The president, furthermore, reiterated that the reason his administration is part of the United Nations Convention Against Corruption (UNCAC) is that he wants Nigeria to be subject to their review.

 “This administration, right from the inception, aligned with the Open Governance Partnership and Global Forum for Asset Recovery in addition to existing commitments to African Union and Economic Community of West African States’ Conventions Against Corruption, and the United Nations Convention Against Corruption (UNCAC).

“These frameworks focus significantly on systems reforms in order to prevent corruption. Nigeria’s active participation in these global anti-corruption platforms means that the country is subjecting itself to periodic review of its progress in implementing the articles of conventions thus the fight against corruption.”

Just a few days ago, the president condemned the “revenge” killing of villagers in Katsina by bandits.

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