Rivers
RSG Moves To Improve Public Financial Expenditure
The Rivers State Government is proposing a law to improve the public financial expenditure of the state.
This was the outcome of a pre-law seminar organised by the State Employment and Expenditure for Results (SEEFOR) project in conjunction with Price Water Cooperation (PWC), Ministry of Budget and Economic Planning and the Ministry of Justice.
The workshop which had in attendance, Director of Finance/Administration, Director of Planning and Research from the Ministries, Departments and Agencies also had as its theme: “SEEFOR Project-PFM Legislative Reform”.
The State Attorney General and Commissioner for Justice, Mr Emmanuel Aguma, who declared the workshop opened, said that the proposed legislation was to review and update all existing financial legislations in the state with a view to ensuring prudent management of public funds in the state.
The Commissioner who was represented by the Solicitor-General/Permanent Secretary, Ministry of Justice, Mrs Florence Fiberesima said the legislation would ensure the smooth implementation of the state Integrated Financial Management System.
Also speaking, the state Commissioner for Budget and Economic Planning, Barrister Isaac Kamalu said the proposed legislation had to do with budgeting, expenditure and auditing, stressing that the situation will ensure transparency and accountability.
The Commissioner, who was represented by the Permanent Secretary in the Ministry, Mrs Titilola Clime, said the state government was desirous of ensuring best practices and acceptable standard in the management of the state financial resources.
Also speaking, the Coordinator of the State SEEFOR projects, Mr Kelcious Amos, said there must be a departure in the way things were done in the past.
Mr Amos said that the reform was intended to improve public finance management of the state.
In his speech, the state Accountant General, Dagogo Abere, said the workshop was not only timely, but would improve the revenue and procurement process of the state.
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