Kogi Wins World Bank’s Fiscal Transparency, Revenue Mobilisation Awards

Kogi State has won the World Bank’s Awards of Excellence in three categories – Fiscal Transparency and Accountability, Debt Sustainability and Domestic Revenue Mobilisation.

The awards were conferred on the state at the Federal Government of Nigeria/World Bank States Fiscal Transparency, Accountability and Sustainability (SFTAS) dinner with governors/award night held at Transcorp Hilton, Abuja on Monday evening.

The objective of the World Bank’s State Fiscal Transparency, Accountability and Sustainability Programme is to promote focus and attention of Nigerian states towards improvement of their PFM systems, processes and institutions;

This was contained in a statement issued on Tuesday by the state commissioner for information and communications, Mr. Kingsley Fanwo.

The state’s auditor-general, Yakubu Okala, who spoke to journalists after the ceremony, attributed the success of the state in the areas of fiscal transparency and accountability to self-discipline, as well as the institution of a transparent and accountable governance system by Governor Yahaya Bello from the inception of his administration.

RELATED

Tinubu Names Abdulsalam As MD Ajaokuta Steel Company

3 hours ago

Ojulari Resumes As GCEO, As NNPC Unveils New 8-man Senior Management Team

4 hours ago

“The state is blessed with an incorruptible governor who also provides leadership from all fronts, a professional to the core that has surrounded himself only with persons that have the capacity to deliver.

“The philosophy of the governor is making every single kobo available to work for the entity of the state, hence he has instituted self-discipline, as well as a transparent and accountable governance system from day one of his administration,” he said.

The national programme coordinator, Ali Mohammed, who signed the invitation letter to states, said, “The SFTAS programme has achieved important milestones with remarkable improvement in fiscal transparency and accountability; increased domestic revenue mobilization; increased efficiency in public expenditure; and strengthened debt management.”