Former Sokoto Point out Commissioner for Finance, Hon. Abdussamad Dasuki, yesterday formally handed around the Ministry to the Long lasting Secretary, Dahiru Balarabe Abbas.
At the ceremony were being the Accountant Standard, Umar B. Balarabe Deputy Accountant Basic, Musa Mohammad Maccido Director Credit card debt Administration, Murtala Umar Dogondaji and Director Resources, Aliyu Abubakar Dange.
Dasuki, who took over the affairs of the Ministry in 2019, experienced previously tendered his resignation in March in compliance with the Electoral Act.
Speaking at the ceremony, the former commissioner extolled Governor Aminu Waziri Tambuwal’s sterling management, which has placed Sokoto in great stead for swift development and development.
Dasuki, who is the Santuraki of Sokoto, mentioned with the prudent administration of the sources of the point out by the Tambuwal administration, the laudable reforms executed by the finance ministry and the many legacy assignments across the state, Sokoto was far better positioned to compete favorably for investments and to fulfill the aspirations of its individuals.
The former commissioner reported he feels fulfilled that he was handing over a reformed ministry that performed a key role in the a variety of reforms executed by the Tambuwal administration.
He mentioned with the reforms initiated and executed, the Finance Ministry was adequately prepared to continue on to guide the way in the improvement agenda of the point out govt.
He recalled that at the inception of the Tambuwal administration, govt finances were being at the lowest ebb due to minimal FAAC inflow, weak internal earnings generation (IGR), abandoned and unpaid funds projects, and gratuity liabilities.
“It was these and many some others that the government experienced to grapple with at inception,” he claimed, incorporating that the Ministry of Finance, whose sole duty is the management of general public finance, disbursement, execution of economic guidelines and administration of public personal debt and securities, was therefore saddled with the responsibility of reversing this unpleasant pattern.
“Faced with these difficulties, he claimed the Tambuwal administration came up with strategies to reform the general public finance to ensure prudent management of assets, blocked loopholes in the state payroll and instituted a regime of transparency and accountability in general public finance.
Dasuki stated people reforms boosted the state’s cash inflow and paved way for the provision of developmental projects across Sokoto.
He mentioned the reforms of the condition funds also been given recognitions from important establishments, which includes a grant of $33 million in 3 a long time and anticipating one more $22 million right before the conclude of 2022 from the World Financial institution for the dedication to the implementation of the States Fiscal Transparency, Accountability, and Sustainability (SFTAS) programme subsequent its amazing rating in the SFTAS position so far, putting it between the prime three states in the nation to reach such ranking.
Sokoto also emerged to start with among the 36 states and FCT in the paying taxes column of the Subnational Simplicity of Performing Company (EoDB) Baseline Study as introduced by the Presidential Enabling Company Natural environment Council (PEBEC).
He also outlined the enactment of the harmonized Consolidated Revenue Law of 2019, which has served the point out to increase its IGR by 97 for every cent.
Other achievements of the ministry, in accordance to Dasuki, consist of: ongoing automation of earnings processes institution of earnings codes for the state and all the 23 regional governments establishment of One Treasury Account (TSA) Adoption of Funds Management Approach Adoption of Regular Personal debt Arrears Clearance Framework on Agreement and Gratuity payments Establishment of SFTAS Secretariat provision of utility vehicles, motor cycles, office household furniture, ICT facilities and gear and building of an ultramodern Revenue Residence and Intricate.
Many others include things like harmonizing point out civil assistance databases sanitizing the state civil service income and pension by linking BVN to personnel management data provision of satisfactory manpower and ICT services for the income department training and retraining of team for improved output and effectiveness and implementations of N18,000 and subsequently N30,000 least wage and CONPCASS salary scale of tertiary institutions for civil servants, therefore rising as the only state in the Northwest that has been regular with the payment of new minimal wage and with zero salary and pension arrears.
Dasuki also detailed the enactment of Fiscal Obligation Company Regulation 2020 and structure of its board migration from Cash Foundation Accounts to IPSAS Hard cash and afterwards Accrual Basis ISPAS and month-to-month payment of subsistence allowance to both international and regional students and also cleared arrears of tuition charges.
The previous commissioner thanked Governor Tambuwal for the prospect to provide at the helm of affairs of the finance ministry for a few years, adding that he is confident that the achievements recorded by the ministry has positioned Sokoto on the front row of states that has reformed their finance sector for best efficiency.