BudgIT has asked the President to look into the payment of govt funds into some personal accounts.
The made this call after a study of the Open Treasury Initiative of the Federal Government.
The president Buhari's led-government on Monday, 9th December, 2019, set up the Open Treasury Portal. Which the purpose is to rise transparency in government spending.
However, on Thursday, 4th June, 2020, the BudgIT released its report titled Open treasury "OpenTreasury.gov.ng Nigeria’s Spending Platform: Review, Gaps and Recommendations".
BudgIT revealed that thesome total amount of money were paid into personal accounts, alongside several records with vague descriptions.
It also made a discovery of over 5000 payments without descriptions to the tune of N278 billion.
They also fond out that over 2,900 payment records totalling N51 billion paid into some personal accounts with vague descriptions.
In one of the discovery, 68 million naira payment was made for “Ogunsuyi” and 15.8 million naira was for “international” as a description.
Thus, after the launch, the APC (All Progressives Congress), disclosed that it avowed the president’s resolve to fight public sector corruption and plug leakages in the public treasury.
However, it also called it a novelty in the pursuit of open governance and transparency under president Buhari.
Lanre Issa-Onilu, the APC spokesman, stated in a statement that; "Those who want to do business with the government should understand that henceforth, everything would be done in the open.
The spokesman maintained that all Nigerian currently has access to every naira the govt is making, every naira the govt is spending and on what it is being spent.
Issa-Onilu said;
"In the fight against public sector corruption, the OTP complements other initiatives such as the administration’s full implementation of the Treasury Single Account (TSA) which has increased the level of accountability and transparency in the financial resources of the government; stoppage of budget padding, contrary to what we witnessed throughout the 16 years of the Peoples Democratic Party (PDP) and pruning out thousands of ghost workers through the stricter implementation of Integrated Personnel Payroll System (IPPIS).
"To name a few of OTP’s requirements, all MDAs are to publish: daily reports of payments from N5m; monthly budget performance; quarterly financial statements; and annual financial statements prepared in compliance with International Public Sector Accounting Standards (IPSAS).
"All the reports are to be published within stipulated deadlines on the OTP portal which will be open to and can be accessed by all."
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