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FG Disburses N471.9Bn To 36 States Under SFTAS

The Federal Government has disbursed a total sum of N471.9 billion to the 36 States of the Federation following the achievement of results in different Disbursement Linked Indicators (DLIs) in the Annual Performance Assessments (APAs) (2018, 2019 and 2020) carried out by the Office of the Auditor General of the Federation as the Independent Verification Agent (IVA).

This is even as it also solicited the partnership of Civil Society Organisations (CSOs) across the country on sustaining fiscal reforms initiated under the $1.5 billion World Bank-Assisted States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme.

The government stated that the collaboration would enhance results, which seeks to deepen fiscal transparency and accountability in the Public Financial Management (PFM) System as a way of improving good fiscal governance at the sub-national level.

In a  statement signed by Mr Ibrahim Mohammed, the SFTAS Programme Communication Specialist, and the SFTAS National Programme Coordinator, Federal Ministry of Finance, Budget and National Planning, Mr Stephen Okon, made the call for CSO’s support during a sensitisation workshop organised for Civil Society Organizations (CSOs) in Lagos.

Okon explained that as part of its strategies to ensure the sustainability of fiscal reforms at the sub-national level, the SFTAS Programme Coordination Unit (PCU) was engaging stakeholders on the demand side like the CSOs who can ensure that fiscal transparency and accountability are sustained in state PFM activities.

According to him, the objectives of the workshop are to deepen the understanding of CSOs on the major programme elements of the SFTAS Programme for results; enhance programme visibility and buy-in; create and sustain mutual lines of communication, contact and understanding between the PCU and the CSOs; enhance community mobilisation for programme ideals’ sustainability, and engender ownership and participation by CSOs post-SFTAS.

SFTAS coordinator further clarified: “I wish to stress that this programme now in its fourth and final year of implementation needs to be sustained if the full ideals are to be realised. I, therefore, call on CSOs and the media to continue to promote those ideals and take full ownership of the programme beyond its life span.

“Some of these ideals already entrenched in the States’ PFM system include online publication of approved Citizens’ budget, Audited Financial Statements, improved procurement practices for increased transparency and value for money; strengthened public debt management and fiscal responsibility framework; improved clearance/reduction of the stock of domestic expenditure arrears; and improved debt sustainability”, Okon added.

He maintained that beyond the disbursements, States are expected to continue to uphold and sustain the values and ideals of fiscal reforms initiated through the SFTAS programme just as he charged the CSOs to use the provision of the SFTAS charter recently endorsed by the Governors under the umbrella of Nigeria’s Governors’ Forum to hold governments accountable and promote good fiscal governance at the sub-national level.

It would be recalled that penultimate week, the Governors led by the Chairman of the Nigeria Governors’ Forum (NGF), Governor of Ekiti State, Dr. Kayode Fayemi, launched and signed the States’ Charter to Sustain Fiscal Transparency, Accountability and Sustainability Reforms.

The governors reiterated, through the Charter, their unwavering commitment to sustainability and willingness to be further accountable to the people.

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