Abstract
This paper aims at accounting for the transparency and accountability demonstrated through the unity and togetherness of the functionaries of the Ministry of Finance Kano State, Nigeria as they collectively discharge the five key responsibilities of the Ministry during a period of 28 months (June 2015 to October 2017) under the humble leadership of the author. The paper is skewed towards practical (as against theoretical) dispensation of effective public finance management at the sub-national level in Nigeria, covering revenue management, expenditure management, debt management, investment management and wealth creation and management. This exposure of transparency and accountability has attracted some encouraging comments from hundreds of concerned analysists and lovers of transparency and accountability from different parts of the world, out of which a select sampled comments have been captured in the paper. The paper also attempts some responses to the seven questions raised by one of the commentators (An International Public Financial Management Expert) in respect of the earlier internet posting made on the subject matter. The paper recommends that research students, scholars and practitioners should conduct further studies on the issues raised in the paper so as to find solutions to the weak nature of the practice of prudence, transparency and accountability in the public sector of developing economies, like Nigeria.
Highlights
It is with high gratitude to Allah that this submission on account of the stewardship of the Ministry of Finance, Kano State, Nigeria during a period of 28 months is made, containing all the issues that should be noted by all public finance managers at the sub-national and national levels, in particular, and all other public interest servants in the developing economies and beyond
The account of stewardship is aimed at promoting the principles of Transparency and Accountability in Public Finance Management and in ensuring that ethical behaviors are assured in managing public offices, especially issues that are financial management related
This paper captures highlights of 49 main achievements recorded by Ministry of Finance, Kano State, Nigeria during the 28 months tenure of the author as Commissioner of Finance, Kano State, Nigeria
Summary
It is with high gratitude to Allah that this submission on account of the stewardship of the Ministry of Finance, Kano State, Nigeria during a period of 28 months is made, containing all the issues that should be noted by all public finance managers at the sub-national and national levels, in particular, and all other public interest servants in the developing economies and beyond. In taking the oath of office, the author was made to carry the full text of the Holy Qur’an on his humble shoulder, telling thousands eye-witnesses that the duties assigned would be discharged without fear or favour and that the provisions of the Constitution of the Federal Republic of Nigeria would be upheld with high degree of honesty and integrity This statement of stewardship for 28 months tenure-ship highlights the modest achievements recorded by the Ministry of Finance, Kano State, Nigeria during the period, with a view to serving as a guide to the In-coming Commissioner on where the Ministry is and how to make it stronger during the succeeding period. 2.1 Revenue Management a) The Ministry led the process of achieving the Internally Generated Revenue (IGR) reform agenda of His Excellency, Dr Abdullahi Umar Ganduje OFR This ensures that the Agency responsible for collection of all forms of revenue for the state government (Kano Internal Revenue Service) is professionalized and made autonomous, both administratively and financially. In order to deal with this set back to the state economy, the Ministry embarked on a Town Hall Meetings (THM) scheme across the 44 LGAs to, among other objectives, mobilize the good people of the state, from the grassroots, to accept the need for them to invest the little savings they have into some viable ventures in their localities
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