Osun moves to block leakages
Osun moves to block leakages
By Fisayo Akinduro, Osogbo
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In a bid to ensure transparency in governance, the Osun state government has introduced a software to monitor the state’s treasury.
The Supervisor for the Ministry of Finance, Mr Bola Oyebamiji disclosed this while addressing some stakeholders in his office in Osogbo.
Oyebamiji said the Gboyega Oyetola administration is set to monitor all financial transactions of the state through a single software.
He said the software which is also known as the Osun Treasury Single Account Software, when fully operational will aid and naturally make all stakeholders involved in governance do what they are supposed to do seamlessly and efficiently without cutting corners.
The supervisor said it will serve as a check for everybody involved in governance as what comes in and out of the state treasury will be laid bare for all to see.
He added that the measure will assist all agencies of government to know the remaining balances on their budget provision before any of such agency raises a memo to the governor demanding for funds from the treasury.
Oyebamiji who stressed that good governance all over the world is all about transparency and accountability explained further that the system will help check sharp practices by government officials as no agency or individual will be able to raise a memo for money without the governor knowing if such agency has the capacity within its budget balance to obtain such funds or not.
He added that while raising the memo from any of the agency, a document stating the budget balance of such Ministry or agency will be attached to the memo for the governor to see while the state executive may then decide to do an additional check through the software on any of his device.
According to Oyebamiji, “as a state, we need to move with time. Governance all over the world is about transparency and accountability, and there are lots of technology out there which we can use to aid the process of transparency and that is what we are trying to do in the state of Osun.