World Bank \u2019s<\/a> Awards of Excellence in three categories \u2013 Fiscal Transparency and Accountability, Debt Sustainability and Domestic Revenue Mobilisation.<\/p>\nThe significant awards were conferred on Kogi 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.<\/p>\n
The objective of the World Bank\u2019s State Fiscal Transparency, Accountability and Sustainability Programme is to promote focus and attention of Nigerian States towards the improvement of their PFM systems, processes and institutions, a statement on Tuesday, signed by the Commissioner for Information and Communications in Kogi State, Kingsley Fanwo, said.<\/p>\n
The Auditor-General of Kogi State, Yakubu Okala, who spoke to journalists after the award ceremony attributed the celebrated 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.<\/p>\n
\u201cThe 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.<\/p>\n
\u201cThe philosophy of the Governor of the State, His Excellency, Alhaji Yahaya Bello, is making every single kobo available work for the entity of the State, hence he has instituted self-discipline, as well as transparent and accountable governance system from day one of his administration.<\/p>\n
\u201cHe does not condone any form of abuse or misuse of the state\u2019s resources at the disposal of every responsible officer,\u201d the state AuG said.<\/p>\n
SFTAS is aimed at strengthening fiscal transparency to help build trust in government, facilitating accountability in public resource management and ensuring sustainability in the participating states.<\/p>\n
The National Programme Coordinator, Ali Mohammed, who signed the invitation letter to states, said, \u201cThe 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.\u201d<\/p>\n
The dinner was therefore organized to celebrate the achievements of SFTAS since its inception.<\/p>\n
Recall that the World Bank, in July 2021, commended Governor Yahaya Bello for refunding $4.63 million surplus funds under the Nigeria Erosion and Watershed Management Project (NEWMAP).<\/p>\n
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