• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Kano Government To Strengthen Fiscal Reforms For Increased Transparency

by Mark Itsibor
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The Kano State government has affirmed its commitment to strengthen fiscal reforms for increased transparency and accountability in line with the ideals encapsulated in the States Fiscal Transparency Accountability and Sustainability (SFTAS) programme for results initiated by the Federal Government supported by the World Bank.

Advertisement

This affirmation was made by the state Governor Abba Kabir Yusuf at a 5-day zonal workshop for audit officers drawn from states and local government auditors-general organized by the Office of the Auditor-general for the Federation in collaboration with the SFTAS programme unit, Federal Ministry of Finance, Budget and National Planning which commenced on Monday, 10th July, 23 in Kano city, Kano State.

While declaring the workshop open, the governor who was represented by his deputy, Aminu Abdulsalam reiterated the state’s commitment in actualizing the said objective of transparency, accountability and sustainability in running the affairs of governance.

The governor observed that the mainstreaming of ideals of the SFTAS programme in states’ public financial management system with significant improvement in increased fiscal transparency and accountability, strengthened domestic revenue mobilization, increased efficiency in public expenditure and strengthened debt sustainability is a further testimony that the laudable programme has come of age.

He stressed that following the effective implementation of the SFTAS programme, most of the states in the Federation can now boast of improved procurement practices to enhance value for money and reduce opportunities for corruption and misuse of public resources; automated Internally Generated Revenue (IGR) collection systems so as to increase revenue inflows to the State consolidated revenue account; regular submission of comprehensive quarterly debt reports to the DMO on debt stock and debt servicing; passed public debt management laws and fiscal responsibility legislation, which mirrors the federal government’s Fiscal Responsibility Act and established fiscal and debt rules as well as limits and responsibilities for contracting States debt with functional State Debt Departments.

RELATED

The Evolution Of Betting In Nigeria: A Journey Of Growth

How To Bet Smarter In 2025

10 hours ago
Malabu Oil: Abacha Family Wants Minister To Withdraw Claims On Court Cases

Global Oil & Gas Contracts Up By $7bn In Q2

14 hours ago
ADVERTISEMENT

“Given the aforementioned development, you would agree with me that SFTAS has come of age with guarantee for its sustainability beyond its stipulated lifespan”.

In order to institutionalise audit reforms at states and local government levels, the governor urged participants to imbibe the lessons learned with a view to deepening audit reforms in their various domains for improved service delivery, transparency and accountability in public financial management system.

Earlier, SFTAS national programme coordinator, Mr. Ali Mohammed disclosed that the objectives of the Train the Trainers’ workshop were aimed at providing further technical assistance to the states and local governments as part of the goals of the SFTAS programme for results (PforR) to strengthen the professional capacity of the states and local government auditor-general offices.

ADVERTISEMENT

Mr. Mohammed further disclosed that the passage of Audit Laws in about 32 States of the Federation, has led to remarkable gains for the SFTAS Programme which is meant to improve the professional independence of the offices of the auditor-general for states and local governments adding that the capacity-building programme will further strengthen the professionalism of the state and local government Auditor-General offices.

He told participants that the training, which comprises both concepts and practical interface with field officers using case study exercises and practical experiences has been designed as a Train-the-Trainers (TT) programme that will see selected staff from the audit offices return home and pass on the knowledge acquired to their colleagues.

“Participants will be exposed to the Financial Audit Methodology (FAM) which will help Auditors through the planning phase to the Execution phase of the Statutory Audit of Financial Statements of State and Local Governments’ Consolidated Financial Statement,” he said, according to a stateem r that was issued by SFTAS’ communication specialist, Ibrahim Mohammed.

The national programme coordinator observed that the SFTAS programme for results which is now in its final year of implementation and sustainability phase, has recorded remarkable improvement in major public finance management laws, budget transparency and citizen participation stating that the end date of the SFTAS Programme which ought to have originally been December, 2022 had been extended twice; first from January, 2023 to 30th June, 2023 and more recently, from 1st July, 2023 to December, 2023.

“The purpose of these extensions is to facilitate further support to the States during the sustainability phase of the SFTAS programme and more importantly, to usher in the States Action on Business Enabling Reforms (SABER) an off-shoot of the SFTAS programme seamlessly”.

Mr. Mohammed explained that the proposed SABER programme seeks to strengthen the business enabling environment in the participating States which will help Nigeria at crowding in sustainable private investment, required to enable the country to achieve its desired development priorities just as it will also contribute to promoting a private sector-led growth strategy. 

He further highlighted that a better business enabling environment across the 36 states will also strengthen institutions that can deliver public services and economic opportunities more efficiently and effectively and lowering the costs of doing business. “It will further strengthen the trust between the government and the private sector”.  

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10170Tweet6356Share
ADVERTISEMENT
Previous Post

Huawei Cloud Launches Pangu Models 3.0, Ascend AI Cloud Services

Next Post

Lawyer Docked For Allegedly Forging Client’s Signature

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

The Evolution Of Betting In Nigeria: A Journey Of Growth
Business

How To Bet Smarter In 2025

2025/08/26
Malabu Oil: Abacha Family Wants Minister To Withdraw Claims On Court Cases
Business

Global Oil & Gas Contracts Up By $7bn In Q2

2025/08/26
Fadaella Foods To Capture Nigerian Market With New Products
Business

Fadaella Foods To Capture Nigerian Market With New Products

2025/08/26
Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1
Business

Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1

2025/08/26
FG, Imo, NDPHC Seek Speedy Completion Of Egbema Power Plant
Business

Kano Manufacturers Engage NDPHC On Direct Power Supply

2025/08/26
Insurance Firms Begin Self-prescribed Recapitalisation As Minimum Capital Controversy Rages
Business

New Law Offers N2m Medical Compensation For Uninsured Accident Victims

2025/08/26
Leadership Conference advertisement

LATEST

Kwara: Kidnap Victims Escape As Security Forces Raid Criminals’ Hideouts

JUST-IN: Osun Gov’t May Sack Monarch Jailed In US For $4.2m COVID-19 Fraud

Tinubu Celebrates Senator Ekpenyong At 40

Fresh FM Inferno: Ayefele Responds To ‘No Insurance’ Claims

Court Orders Banks To Produce Activist Sowore’s Account Transactions

Reps To Probe UNIBEN Teaching Hospital’s Budgetary Expenditures

C’Wealth Weightlifting: Omolola Wins Team Nigeria’s First Gold In India

JUST-IN: NRC Suspends Abuja-Kaduna Train Services After Derailment

Fire Razes 5 House In Cross River Community

Bode George Hails PDP Zoning, Says Party Ended ‘Existential Imbecility’

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.