Expert wants ‘independent monitor’ to oversee disbursement of FG’s grant

July 5, 2021
by
Simple Stay in Bed Facebook Cover 5
Simple Stay in Bed Facebook Cover 5

To ensure the federal government’s conditional grant is properly managed and dissuade official corruption, an accounting expert, Kehinde Tanimowo has suggested that the government set up an independent body to oversee the disbursement of the funds.

Reacting to the news that the government disbursed N9.5 billion to less-privileged families in Katsina state, Tanimowo in an interview with Prime Business Africa said it was essential that every money spent by the federal government under its National Social Investment Programme (NSIP) was monitored, as a means to check and discourage corruption.

Join our WhatsApp Channel

“Monitoring is very essential. It is the lack of checks and balances that encourages corruption. To get the best result, a wholly independent body should monitor and oversee the grants given to these people and not the regular government or team”, Tanimowo said.

Earlier the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouk revealed that the federal government had disbursed N9.5 billion as conditional grants to 142,000 less-privileged families in Katsina state.

Umar-Farouk said the federal government had empowered 4,442 independent monitors across the 36 states of the federation to work hand-in-hand with state government officials to oversee and ensure transparency of how the funds were being disbursed and utilised.

Tanimowo criticised the federal government’s employment of independent monitors. “The government cannot claim to have engaged the services of independent monitors and then turn around to begin monitoring those same monitors. Let them be independent without any government body interference; that is the true definition of being independent.”

+ posts

Featured Stories

Latest from Finance & Economy

Image of the Building of CBE

Egypt Rolls Out App To Digitize Banking, Government Transactions

Egypt’s Central Bank (CBE) has launched the website for Haweya, the country’s first national digital identity platform, which enables citizens to verify and utilize their digital identity for banking and government transactions. The launch is part of Egypt’s plan to transition to
first person the somali refugees planting a new life in the united states
Previous Story

First Person: The Somali refugees planting a new life in the United States

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol
Next Story

Energy Transition: Industry players say no cause for alarm

Don't Miss

Looming Danger of Docile Political Opposition

Reinventing Progressive Politics In Nigeria

Progressive politics means different thing to many people. With the
MTN Service Down Time Caused By Damaged Undersea Cables

MTN Service Down Time Caused By Damaged Undersea Cables

MTN, a telecommunications provider in Africa, has reported significant service