“It is on record that the present administration has demonstrated a very strong will and commitment in its drive for managing scarce resources for the public good.”
The Accountant General of the Federation (AGF), Ahmed Idris, says President Muhammadu Buhari’s administration’s financial reform is yielding positive dividends.
Mr Idris who spoke in Abuja on Friday, also said that it has recorded commendable achievement in the management of scarce resources since the assumption of office in 2015.
“It is on record that the present administration has demonstrated a very strong will and commitment in its drive for managing scarce resources for the public good,” he said.
Mr Idris said reforms such as the Treasury Single Account (TSA), IPPIS, and GIFMIS, among others, had helped the government to maximise scarce resources in the last few years.
“When I was appointed as the AGF by Buhari, my team and I were determined to infuse a lot of vibes into the numerous Public Finance Management (PFM) reform initiatives.
“The primary objective of the PFM reforms is to ensure the sustenance of a stable fiscal position of the Federal Government that will engender efficient delivery of public goods and services transparently,” Mr Idris explained.
He spoke at his investiture as the first President, Post Chartered, and Chairman of Council of the Chartered Institute of Treasury Management (CITM).
Speaking on the institute, Mr Ahmed said that the journey to achieve the legal charter was a very difficult one, adding however that the diligence and tenacity of the founding fathers paid off.
He said that the passage and assent of the Chartered Institute of Treasury Management (Establishment) Act, 2021 would also help the sector.
(NAN)
