Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump

    June 5, 2025

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025

    Utomi Threatens To Leave Nigeria For Ghana

    June 5, 2025
    Facebook X (Twitter) Instagram
    Trending
    • I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump
    • Court Jails Nine Chinese Nationals For Financing Terrorism
    • Utomi Threatens To Leave Nigeria For Ghana
    • Zia Yusuf Resigns As Reform UK Chairman
    • Former Education Minister, Jubril Aminu Dies At 85
    • Trump Announces Visa Ban On Foreign Students Attending Harvard University
    • Trump Orders Investigation Into Biden’s Actions, Accuses Aides Of Conspiracy
    • Anambra Guber: INEC Publishes Final List Of Candidates
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Friday, June 6
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » FG Reiterates Commitment To Full Implementation Of 2024 Budget
    3 Mins ReadJuly 25, 2024

    FG Reiterates Commitment To Full Implementation Of 2024 Budget

    By Amina MohammedJuly 25, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Federal Government has reiterated commitment to the full implementation of the 2024 Budget.

    It also pledged to promote a transparent and efficient financial management system.

    The commitments were made yesterday by the Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun.

    He spoke during a meeting with the House of Representatives Committee on Public Accounts at the National Assembly in Abuja.

    Edun’s meeting with the House panel came a day after the National Assembly passed the N6.2 trillion Supplementary Appropriation Bill to raise the 2024 Budget to N35.05 trillion from N28.8 trillion.

    Pledging to achieve a robust and transparent financial management system, the minister underscored the government’s dedication to enhancing the efficiency of financial operations across the various Ministries, Departments, and Agencies (MDAs).

    The meeting focused on fostering a collaborative approach to tackling financial management challenges and improving accountability.

    Chairman of the committee Bamidele Salam provided an update on numerous hearings conducted with MDAs, bothering on auditor’s reports and compliance issues.

    After identifying significant gaps in the accounting systems and internal controls of several MDAs, the Committee chair stressed the need to address the deficiencies to ensure sound financial practices.

    Salam, who highlighted the importance of blocking revenue leakages as a critical measure to strengthen national finances, identified structural reorganisation and comprehensive training programmes for auditors as essential to bolster the integrity of financial processes within the MDAs.

    He called for accelerated implementation of the 2024 Budget, underscoring the need for timely and effective performance to achieve the set goals.

    The collaboration between the Federal Ministry of Finance and the House of Representatives Committee on Public Accounts marks a significant step towards achieving a robust and transparent financial management system in Nigeria.

    Both parties have pledged commitment to the effective management of public funds with utmost accountability, thereby fostering a more sustainable financial future for the country.

    The minister reiterated the government’s commitment to addressing the identified gaps and implementing necessary reforms to enhance financial transparency.

    He assured that his ministry would work closely with the Public Accounts Committee on the implementation of the strategies aimed at blocking revenue leakages and improving overall financial management.

    The meeting saw the active participation of several members of the House of Representatives, including Jeremiah Umar, Daniel Asama Ago, Matthew Nwogu, Aliyu Bappa, Nyampa Zakaria Dauda, Kuye Ademorin, Akiba Bassey and Olatunji Akinosi.

    Their presence underscored the collective resolve of the legislative body to support initiatives aimed at enhancing financial transparency and efficiency.

    Author

    • Amina Mohammed
      Amina Mohammed

      View all posts
    FG Mr Wale Edun
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amina Mohammed

    Related Posts

    Banking & Finance

    Access ARM Pensions Posts N28.2bn Revenue

    June 2, 2025
    Business

    We Are Working Towards Increasing Ground Rent Charges – Wike

    May 29, 2025
    Banking & Finance

    We Will Ensure Every Stolen Asset Is Recovered – Tinubu

    May 28, 2025
    Breaking News

    Dangote Refinery Reduces Petrol Price By N15

    May 22, 2025
    Banking & Finance

    CBN Retains Interest Rate At 27.50 Percent

    May 20, 2025
    Crime

    FG Rescues 78 Trafficked Nigerians In Coted’Ivoire

    May 11, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump

    June 5, 2025

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025

    Utomi Threatens To Leave Nigeria For Ghana

    June 5, 2025

    Zia Yusuf Resigns As Reform UK Chairman

    June 5, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.