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AMINA HUSSAINI
The Federal Government has begun moves to enhance its whistleblower policy with the introduction of financial transparency guidelines and open treasury portal.
The Accountant General of the Federation (AGF), Ahmed Idris, last Thursday, inaugurated a committee on financial transparency guidelines and open treasury portal.
According to a statement on Monday by the Office of the AGF, the financial transparency guidelines and open treasury portal is the government’s effort in promoting accountability in the Ministries, Departments and Agencies (MDAs)
“It will be recalled that the former Minister of Finance, Kemi Adeosun, on July 4, 2018, presented a memo to the Federal Executive Council (FEC) for approval to establish the Financial Transparency Guidelines and Open Treasury Portal.
“The then Minister constituted the Quality Assurance and Compliance Committee which membership was drawn from MDAs,” Ahmed said.
Ahmed noted that the approved transparency policy provides for transparency requirements, thresholds and responsibilities as part of government policy on accountability in line with Freedom of Information Act 2014.
“The objectives of the Committee includes improvement on good governance and enhance the public whistleblower policy and equip the general public with the tools to report financial wrongdoing as well as provide the guidelines for MDAs for proper financial transparency,” he added.
The Terms of Reference of the committee on financial transparency guidelines and open treasury portal include:
* to advise the HMFBNP on the enforcement action including sanctions where appropriate to ensure full compliance with the transparency requirements,
* to advise the HMFBNP on the improvement necessary in the implementation modalities,
* to review transparency reports from different stakeholders and recommend appropriate actions, and
* to prepare a summary brief for the HMFBNP regarding compliance with the implementation requirements.
Amina Hussaini, a graduate of Mass Communication, has been with INSIDEBUSINESS for over a year now after a stint with The Daily Trust. She sources for data and writes Finance related stories.
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