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JAMB excited over Presidential order, says it started publication of its financials long before directive to all government agencies

JAMB excited over Presidential order, says it started publication of its financials long before directive to all government agencies

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The Joint Admissions and Matriculation Board (JAMB) has welcome recent directive from the Presidency to all government establishments making it mandatory for them to publish all financial transactions above N10 million.

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JAMB’s position, on government’s Financial Transparency Policy and Implementation Guidelines (FTPIG), is contained in a statement published in the latest edition of JAMBulletin, made available on Sunday night to The State Online, by its Spokesman, Dr Fabian Benjamin.

The current JAMB Registrar, Professor Is-haq Oloyede introduced weekly publication of the Board’s financial transactions as a means of displaying and promoting transparency and accountability.

JAMB said in its statement on FTPIG that “The Board, had before this directive, keyed into Mr. President’s accountability and transparency policy as now contained in the Financial Transparency Policy and Implementation Guidelines by publishing its financial transactions even below the threshold provided in the directive.”

The statement with the caption JAMB WELCOMES DIRECTIVE ON PUBLICATION OF FINANCIAL STATEMENT reads: “The Joint Admissions and Matriculation Board (JAMB) has welcomed the presidential directive for the publication of all reports of payment above N10 million.

“This directive has further given credence to the position of the Board in publishing its financial transactions in any given week through its weekly JAMBULLETIN.

“The Board, had before this directive, keyed into Mr. President’s accountability and transparency policy as now contained in the Financial Transparency Policy and Implementation Guidelines by publishing its financial transactions even below the threshold provided in the directive.

“The Board in encouraged by this directive and would critically study its provisions to see if there are areas in its full disclosure policy that still needed adjustment for full compliance, for it to act expeditiously and do the needful. This is because the Board had long prioritise the promotion of transparency and accountability in the Management of public funds at its disposal.”

About Mikail Mumuni