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.
Source: https://newtelegraphonline.com/2018/02/adeosun-canvasses-review-finance-control-act/