16 November 2012

Nigeria: U.S. Seeks Clarification On Excess Crude, Federation Accounts

The United States of America (USA) has demanded from the Nigerian government explanations on how it has been managing the Excess Crude Account (ECA) and the country's finances.

A statement from the Office of the Accountant- General of the Federation (OAGF) said Mr. Douglas P. Climan, of the American Embassy made the demands when he called on the Accountant-General of the Federation (AGF) Mr. Jonah Otunla, in his office at Treasury House, Abuja.

The diplomat was said to have told the AGF that he "came to the Treasury House to understand the budgeting and the operation of Federation Account. He further said he would also like to know how "ECA withdrawals are made, and how the unspent balance of capital is managed."

After listening to the AGF Mr. Jonah Otunla, the USA diplomat expressed optimistism that 2013 budget would be passed before 2012 fiscal year.

It was also disclosed by the AGF that 45,000 ghost workers have been detected after 108 ministries, departments and agencies (MDAs) adopted the Government Integrated Fiscal Management System (GIFMIS) in Nigeria.

According to Otunla: "Since the inception and adoption of GIFMIS, about 45,000 ghost workers have been detected. It has helped in manpower planning and budgeting; how many people are on the payroll of government and the cost implication."

On the Integrated Payroll and Personnel Information System (IPPIS), Government Integrated Financial Management Information System (GIFMIS), Improvement in Cash Management System through Treasury Single Account (TSA), and other non-financial reforms, the AGF said these measures have greatly improved the nation's financial management system and accountability which began with seven MDAs as a pilot project."

He stated that GIFMIS which commenced on April 2nd, 2012, was an IT- based system for budget management and accounting that has been implemented to improve public expenditure management process and enhance greater accountability and transparency across ministries and agencies.

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