Objectives of the Department:

• To ensure and promote Transparency, Probity and Accountability in the Management of Government Financial Transactions.
• To ensure that all Federal Government receipts and payments are subjected to Financial Regulations, Extant rules, Treasury Circulars and Relevant Laws.
• To ensure that all revenue and other Public Funds are properly Accounted for.
• To ensure that MDA, s Provide Timely and Reliable Information.

 

The Department Activities:

In line with  the various provisions of the Financial Regulations the following activities are conducted by my department:

1. Annual and Routine In-depth Inspection of Accounting Books and Records of all Federal Ministries, Department and Agencies in Abuja, the thirty-six (36) States of the federation and Nigeria Foreign Missions Abroad. The In-depth Inspection of MDA,s and Overseas Missions are in compliance with the Financial Regulation and Extant Circulars, and are essentially, to ensure transparency and accountability in Government Financial Transactions. It is also to ensure that proper control is in place for all Revenue Generated and Remittance to the Consolidated Revenue Fund.
2. In-depth Inspection of Accounting b00ks and records of Unity Schools, Federal Polytechnic, Colleges of Education, Federal Universities, Federal Pay Offices, Police Pay Office, Research Centres Teaching Hospitals and Federal Medical Centers. This is to ensure that all the Institutions complied with the Financial Regulations and Extant Circulars in the management of Government Resources.

• Comprehensive In-dept Inspection of Capital expenditure to ensure that Government funds allocated for capital are utilized for the purpose they were released and due process were observed in its utilization.

1. Closure of MDA, s Accounting Books and Records of both Capital and Recurrent Accounts in Abuja and thirty-six (36) State of the Federation usually in line with the Financial Year End Closure Circular is to ensure that Unspent Government funds are properly accounted for.
2. Board of Survey on cash/bank balance before commencement of business in the new financial year and verification of closure exercise.
3. On-line E-Inspection of Accounting Transactions to ensure on-line real-time inspection of MDA, s to prevent fraud and misappropriation of Government Funds.

• Investigation of MDA, s with reported cases of fraud and misappropriation to ensure that Government funds misappropriated are recovered and appropriate sanctions are placed on erring public officers.
• Monitoring and Enforcement of recommendations from Inspection and Investigation Reports to ensure that all anomalies are corrected to avoid loss of Government Fund.

1. Reviewing of Risk in MDAs, Self-Accounting Status and Security of offices to ensure that all MDAs continually fulfilled the condition for their operations and attainment of Federal Government Policies and objectives.
2. Assessment of unserviceable and obsolete items of MDA, s for Boarding and prevention of loss of Government Funds
3. Carrying out Board of Inquiry on losses.