Adeosun canvasses review of Finance Control Act

The Minister of Finance, Mrs. Kemi Adeosun, has canvassed a
review of the Finance Control Act. That was, as she challenged
treasury managers to ensure transparency and accountability in the
management and control of the country’s public finance.

The minister gave the advice at the second National Treasury
Workshop held in Tinapa, Cross River State, a statement by her
media aide, Oluyinka Akintunde said.

The workshop was attended by Directors of Finance and Accounts
in all Federal and State Governments’ Ministries, Departments and
Agencies, Heads of Finance and Directors of Internal Audit and
other stakeholders in national public finance management.

Represented by the Director of Special Projects in the Federal
Ministry of Finance, Dr. Mohammed K. Dikwa, Adeosun emphasized the
need for a change in the mindset of Treasury managers in order to
reform the basic polity.

“The basic and fundamental approach to financial and economic
reforms is to reform the basic polity. Reforms must be impacting
and sustainable and should fit into the cultural ethos of Nigeria,
among others. “There is the need to evolve a culture which is
value-based.

The Minister of Finance, Mrs. Kemi Adeosun, has canvassed a
review of the Finance Control Act. That was, as she challenged
treasury managers to ensure transparency and accountability in the
management and control of the country’s public finance.

The minister gave the advice at the second National Treasury
Workshop held in Tinapa, Cross River State, a statement by her
media aide, Oluyinka Akintunde said.

The workshop was attended by Directors of Finance and Accounts
in all Federal and State Governments’ Ministries, Departments and
Agencies, Heads of Finance and Directors of Internal Audit and
other stakeholders in national public finance management.

Represented by the Director of Special Projects in the Federal
Ministry of Finance, Dr. Mohammed K. Dikwa, Adeosun emphasized the
need for a change in the mindset of Treasury managers in order to
reform the basic polity.

“The basic and fundamental approach to financial and economic
reforms is to reform the basic polity. Reforms must be impacting
and sustainable and should fit into the cultural ethos of Nigeria,
among others. “There is the need to evolve a culture which is
value-based.