KWARA SHINING EXAMPLE IN FINANCIAL TRANSPARENCY, MANAGEMENT – FG

The kwara state government has gotten an acolade from the federal government for being transparent in the handling of public funds and in compliance with the international public sector Accounting standard (IPSAS). The accountant general of the federation, Dr oluwatoyin maiden gave the commendation in ilorin, kwara state capital at 44th retreat of the federal Account Allocation committee (FAAC”s) subcommittee on IPSAS implementation. IPSAS is an acronym of the international public sector Accounting standards which the Federal Government approved for adoption with effect from 28 July 2010. The AGF specifically praise Governor Abdulrahman AbdulRazaq for is commitment to public financial management that she noted serves as a model. She said the choice of kwara for the retreat was based on the exemplary performance of the state government, which she said has been transparent in the account reporting system. Our choice of coming to kwara to have this retreat is based on the efforts and performance of the kwara state government in the preparation of the financial statements, The government of kwara has been standing out among other states of the federation in being compliant with the IPSAS. As I mentioned early in my opening remarks kwara has been wonderful in fact I personally put it aside to look at it in handling that of the federal government’s because they ‘ve really done far and deep, And I commend the Executive Governor of the state for doing this and for supporting the ministry of finance and Accountant General of the state to be able to achieve this milestone” she said. Maiden who is equally the chairman of the subcommittee for FAAC on IPSAS implementation, said the programme was aimed at reviewing the performance of all three tiers of government in Nigeria with respect to compliance to IPSAS realization, expressing satisfaction on the progress recorded so far. IPSAS is a way of bosting the accountability and transparency of the government to the entire world, Once the financial statements are IPSAS compliant it is very easy for it to be used by anybody in the globe because it is in tandem with global practice, That is the main reason why we are working hard to ensure that this is attained by the three tiers of government.

PENSIONERS EXCITED AS KWARA SETTLES #1.4bn PENSION AREAS. The kwara state chapter of the Nigeria Union of pensioners (NUP) has hailed the state governor, Abdulrahman AbdulRazaq for settling the #1.4bn pension areas his administration inherited from the last administration in the state. The chairman of the union comrade saidu oladimeji made the commendation when he led other members of the union on a thank you visit to the local Government service Commission and Local Government pension Board in ilorin the state capital. Oladimeji said that the approved #1.4bn represent 11 month pension areas owed some pensioners by the immediate past administration of former Governor Abdulfatah Ahmed, He said that pensioners in the state would forever remain grateful to Governor Abdulrahman AbdulRazaq for his kind gesture, describing him as God sent leader. He added that the coming of Governor Abdulrahman AbdulRazaq at this period is timely, He has come to rescue the pensioners particularly at the grass roots level from perpetual suffering in the hands of successive administration in the state. We are here on behalf of over 32,000 pensioners to appreciate the Governor for prioritising the welfare of the pensioners in the state, We suffered a lot under the previous administration, Only a few of us were luckily spared from the suffering.

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