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SLOGOR Financial Management Reforms Is Yielding Results – Task Team Leader, Nweje
By Jide Afolabi
The State and Local Government Governance Reforms Project (SLOGOR) Task Team Leader, Mr. Ikechukwu Nweje has said that the project is yielding results in implementing states.
Nweje said this in a press release on Thursday, signed by the Project’s Communication Officer, Mr. Ebenezer Ajewole and exclusively obtained by citymirrornews.
Nweje said that the reforms initiated by the State and Local Governance Reforms Project (SLOGOR) in the area of Public Financial Management has started to yield positive results in the participating states of the project, according to the World Bank.
According to him, “the project has made significant progress in some critical areas of Public Financial Reforms like adoption of the new National Chart of Accounts by all the six participating states of the Project, strengthening of Tax Authorities, increased IGR of states, increased tax payers base, improved budget laws, strengthening external audit and financial reporting”.
SLOGOR Project is a European Union Funded Project being managed by the World Bank. The project aims “to improve transparency, accountability and quality in public finance and human resource management systems, with a view to strengthening governance in the participating states of Anambra, Cross River, Jigawa, Kano, Osun and Yobe”.
Nweje at a 3- Day SLOGOR Retreat with the theme ‘’Assessing The Implementation of the PFM Reforms At the Sub- National Levels of Government – Focus On The SLOGOR States’’ holding in Enugu said, “there is need for more awareness on recent financial governance laws so that executors and State Chief executives can respect them to improve transparency and accountability in Public Financial Management”.
On the level of implementation of the project which stands at 43 percent, with 17 months left to wrap up, he noted that “with strong commitment and dedication, the states can still do better in that regard”.
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