The Nigerian Government has launched the Open Treasury Portal.
The Minister of State for Niger Delta Affairs, Senator Tayo Alasoadura, represented President Muhammadu Buhari represented at the event which held on Monday in Abuja.
He explained that the initiative was aimed at ensuring transparency in government, as well as curbing corruption in the Ministries, Departments, and Agencies (MDAs) of government.
Senator Alasoadura disclosed that the Office of the Accountant-General of the Federation has been mandated to issue a daily treasury statement of government’s transactions.
He was optimistic that the launch of the platform would further strengthen the government’s drive towards curbing corruption through transparency and accountability.
The minister noted that there was already a template on how the portal would work and outlined what was expected of the Office of the Accountant-General of the Federation and the key agencies.
The treasury statement is expected to encompass all inflow and outflow of transactions of all the respective MDAs of the government.
The event was attended by top government officials, including the Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed.
In her remarks, Mrs Ahmed informed the gathering that over 800 MDAs have keyed into the government’s integrated financial management information system.
She also explained how the government achieved this and how the latest initiative would check the menace of corruption within the government.
The Chief Whip of the House of Representatives, Mohammed Mongonu, also spoke at the event.
However, he had a differently opinion on the latest initiative to curb corruption and enhance transparency but suggested that the policy be passed as a law.