Fri 01.20.2017 | Time 9.35 hrs
       
              
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NPA SIGNS MOU ON BUDGET IMPLEMENTATION 
 
 
Ms Usman (right) and Mr Onigbinde
 
The Nigerian Ports Authority ( NPA) has signed a Memorandum of Understanding ( MoU) with BudgiT Information Technology Network to open up its budget for the public and provide Nigerians with all the necessary information during its implementation.
The MoU, which was signed at the weekend, by the management of the NPA and BudgiT Information Technology Network will assist the NPA in promoting transparency and accountability in all its operations.
 
Speaking at the occasion, the NPA 's Managing Director, Ms Hadiza Balla Usman said that the partnership became necessary for the development of an open budget system platform and implementation of a public data dissemination programme that will help the agency in blocking revenue leakages.
 
BudgiT, she said, had achieved feats in the space of socio-technological advocacy towards opening up of public budgets for citizens' comprehension.
 
BudgiT, according to her, started operation in 2011. With the MoU, she said, NPA would be able ton deliver on its mandate and create more wealth for Nigerians. The MoU, Ms Usman added, would also assist the NPA as a critical organ in the economic artery of the nation to promote effective and efficient management of all its 24 terminals across the country.
 
The partnership, the Managing Director said, apart from promoting transparency in public expenditure, would also instill a framework for transparent budget provisions for the authority, allows stakeholders to add their inputs, encourages participatory governance by way of feedbacks and creates an enabling environment to encourage foreign investment.
 
"The collaboration will ensure key researches, industry policies and innovations are effectively communicated. It will also ensure that critical data are generated and made accessible for policy makers, private sector actors, stakeholders and the general public". 
 
In his remark, the Lead Partner of BudgiT, Oluseun Onigbinde said that the NPA was the first revenue generating government agency to make its budget public and assured that the management of the NPA would not regret for keying into the programme .
Onigbinde said, the collaboration, apart from promoting probity, transparency and accountability, would also restore government and public confidence in the management of NPA.
 
 
M. K. Ajayi
General Manager, Public Affairs 
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