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

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

As Africa’s entrepreneurial ecosystem continues to mature and expand, 2025 has been a year of remarkable insights from the continent’s business leaders. From fintech pioneers to climate tech innovators, these entrepreneurs are not just building companies, they’re reshaping Africa’s economic future. Here
Clothing market

Most Nigerians Earn ₦50,000 or Less Monthly – Report

A new financial services market report has revealed that most Nigerians survive on modest monthly incomes, with more than two-thirds earning ₦50,000 or less, underscoring deep-seated income challenges in the country. According to The Nigerian Financial Services Market Report 2024 published by
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

Lagos Gov Sanwo-olu Under Fire Over ‘N7.5m Fragrance, N18m Christmas Chickens’

Sanwo-Olu Donates ₦100m To Victims Of Akere Market Fire In Lagos

Lagos State Governor, Babajide Sanwo-Olu has donated the sum of

HP, Cambridge Turn To Africa For EdTech Innovations to Transform Learning

Twenty-five of Africa’s most influential education technology (EdTech) leaders will