FG Restores Open Treasury Portal, Financial Records Of Presidency, Army, Navy, MDAs Missing

Despite the restoration of the federal government’s open treasury portal, there are indications that some financial statements are missing.

The portal was restored a few days after Daily Trust’s exclusive report on its shutdown last week.

However, checks on the financial statements posted on the portal indicated that some records were missing, including those of the office of the accountant general of the federation (OAGF) which oversees the portal.

It was observed that there was no account of daily financial statements of the federal government, ministries, departments, and agencies (MDAs) for three successive years.

In another instance, financial records on the “monthly budget performance” of several MDAs were unavailable on the portal.

The portal was inaugurated in December 2019, to ensure transparency in government spending.

President Muhammadu Buhari had directed MDAs to publish daily treasury summary statements of their financial records above N5m.

Also, the AGF and all MDAs are expected to publish monthly budget performance reports, including their functions and economic activities, within seven days to the end of the month.

Read More: https://dailytrust.com/despite-restoration-of-fgs-open-treasury-portal-financial-records-missing