• About us
  • Advertise
  • Privacy & Policy
  • Contact
Friday, February 13, 2026
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home News

Subnational Entities Must Institutionalize Best Practices to Curb Financial Mismanagement – ICPC Chairman

newspegonline24 by newspegonline24
March 21, 2025
in News
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has emphasized the urgent need for subnational governments to adopt and institutionalize global best practices in financial management to curb mismanagement and enhance accountability.

 Demola Bakare fsi- the commission’s spokesperson in a signed statement disclosed that Dr. Aliyu made the call in a goodwill message delivered at the launch of the Subnational Audit Efficacy (SAE) Index 2024 Report, themed “Strengthening Accountability Measures Through Technology for Resilient and Sustainable Subnational Development in Nigeria.” The event, organized by the Paradigm Leadership Support Initiative (PLSI), was held in Abuja on Thursday.

Represented by ICPC Deputy Director Mr. Okor Odey, the Chairman commended PLSI for its timely and impactful initiative in producing the SAE Index.

He noted that such efforts significantly bolster the fight against corruption and promote greater accountability at the subnational level.

Dr. Aliyu reaffirmed the Commission’s commitment to strengthening collaboration with anti-corruption civil society organizations, particularly PLSI, to promote transparency, accountability, and good governance across Nigeria. 

He emphasized the need for sustained partnerships among government agencies, CSOs, and development partners to effectively combat corruption and enhance public sector efficiency.

The ICPC Chairman while highlighting the need for continuous capacity building within state audit institutions, emphasized that enhanced training and knowledge transfer would equip auditors to perform their duties more effectively.

He also called for the strengthening of legal frameworks governing audit processes, ensuring state audit institutions have the authority and independence to operate optimally as well as urged state governments to prioritize digital transformation in their financial management systems.

According to him, leveraging advanced technologies would facilitate real-time auditing, enable automatic detection of financial anomalies, and encourage public participation in financial oversight.

Earlier in his remarks, the Founder and Executive Director of PLSI, Olusegun Elemo, underscored the critical role of technology in strengthening accountability mechanisms. 

He highlighted the importance of fostering resilient and sustainable development at the subnational level and called for collective action to promote transparency and fiscal responsibility.

A major highlight of the event was the recognition and awards ceremony for states that demonstrated commitment to transparency by publishing their SAE Index 2023 reports. Honored states included Akwa Ibom, Gombe, Kaduna, Oyo, Katsina, Benue, Bauchi, Ondo, and Edo. 

Osun, Bauchi, Akwa Ibom, Ekiti, and Yobe emerged as the top five performers in the SAE Index 2024 report, with Yobe State receiving the SAE Index 2024 Championship Award. These recognitions motivate other states to embrace best practices in audit processes and improve subnational financial management.

The event concluded with the official presentation of the SAE Index 2024 Report, which highlighted key findings and recommendations aimed at enhancing subnational audit efficacy. 

The report provided valuable insights into the current state of financial accountability at the state level and called for alignment with global best practices in public financial management.

Notable attendees included the Accountant General of the Federation, Shamsedden Babatunde Ogunjimi, represented by Mr. Daniel O.; the Auditor General for the Federation, Shaakaa Kanyitor Chira; and the Director-General of the Nigeria Governors’ Forum, Dr. Abdulateef Shittu, represented by Alhaji Ishiaka Mustapha. Also present were the Governor of Yobe State, H.E. Hon. Mai Mala Buni (CON), represented by Hon. Bulama Bukar, Chairman of the House Committee on Public Accounts; as well as Auditors-General from Adamawa, Yobe, Bauchi, Akwa Ibom, Gombe, Katsina, Osun, Jigawa, Benue, and Edo states.

The robust representation at the event underscored the growing commitment to improving audit practices and ensuring financial integrity across Nigeria’s subnational entities.

ShareTweetSend
Previous Post

Anti-Corruption Technology in NIS Will Boost Citizens’ Welfare and Strengthen Good Governance – ICPC

Next Post

EFCC, NSITF Collaborate to Promote Transparency and Accountability in Financial Management

newspegonline24

newspegonline24

Related Posts

Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy
News

Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy

February 13, 2026
Tunji-Ojo charts new era for fire safety as National Fire Academy nears completion
News

Tunji-Ojo charts new era for fire safety as National Fire Academy nears completion

February 13, 2026
Customs deepens U.S. trade ties, unveils unified dispute mechanism to boost investor confidence
News

Customs deepens U.S. trade ties, unveils unified dispute mechanism to boost investor confidence

February 13, 2026
Next Post

EFCC, NSITF Collaborate to Promote Transparency and Accountability in Financial Management

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

NAF upgrades pilot training hub, fast-tracks 46 advanced aircraft procurement under President Tinubu’s watch

NAF upgrades pilot training hub, fast-tracks 46 advanced aircraft procurement under President Tinubu’s watch

February 13, 2026
Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy

Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy

February 13, 2026
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4
Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

3

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2
NAF upgrades pilot training hub, fast-tracks 46 advanced aircraft procurement under President Tinubu’s watch

NAF upgrades pilot training hub, fast-tracks 46 advanced aircraft procurement under President Tinubu’s watch

February 13, 2026
Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy

Marwa rallies global anti-drug alliance as NDLEA officers graduate from elite US-DEA academy

February 13, 2026
COAS inaugurates elite course, reaffirms focus on professional, combat-ready Army

COAS inaugurates elite course, reaffirms focus on professional, combat-ready Army

February 13, 2026
Tunji-Ojo charts new era for fire safety as National Fire Academy nears completion

Tunji-Ojo charts new era for fire safety as National Fire Academy nears completion

February 13, 2026
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In