Thursday, 28th March 2024
To guardian.ng
Search

Ondo launches SIFMIS for workers competence, accountability

By Oluwaseun Akingboye, Akure
09 May 2017   |   3:15 am
The ODPSGRDP Project Coordinator, Bamidele Daisi said this at the formal launching of the State Integrated Financial Management Information System (SIFMIS) in Akure in the presence of all permanent secretaries and top government functionaries.

Ondo State Governor, Mr Oluwarotimi Akeredolu

To further improve on the competence and capacity of its work force, the Ondo State Public Sector Governance Reform and Development Project (ODPSGRDP), a World Bank Assisted agency has partnered with the state government to integrate the workforce into global best practices on policy implementation.

The ODPSGRDP Project Coordinator, Bamidele Daisi said this at the formal launching of the State Integrated Financial Management Information System (SIFMIS) in Akure in the presence of all permanent secretaries and top government functionaries.

He restated that the new scheme would enhance efficient service delivery, accountability and transparency in governance in pursuance of global best practices.

Daisi pointed out that the SIFMIS was designed to optimally utilize the state’s human and natural resources in the face of the current recession and other challenges, curbing wastes and plugging all loopholes in the revenue and expenditure streams.

He added that it was a total financial management re-engineering process, which leverages on the support of World Bank to increase accountability, efficiency, expertise through automated and integrated financial information system and with emphasis on regular training of the workforce.

“SIFMIS is a sub-component of the Public Finance Management (PFM) reform to support human resources management and payroll, planning and budgeting, transaction processing, accounting, auditing and reporting on the use of financial resources,” he said.

He also pointed out that the project will make available a reliable and unified database through the use of ICT, which would be shared by all users and feed both the state and Federal Government with the required information on any subject of interest.

“The system also provides a basis for future expansion and adoption of key elements of the budget and financial management reform agenda, budget reclassification, MYBF, improved financial reporting according to IPSAS,” he said, disclosing that the implementation will cover six months across all the MDAs in the state.

The Coordinator of SIFMIS, Peter Olayiwola, noted that the project would increase the state internally generated revenue (IGR) and employment of more workers as experienced in Lagos State when it was first introduced in 2002.

Olayiwola, however, lamented that most senior staff of the state have been doing clerical work manually, leaving analytical works to lag behind due to poor working conditions and lack of training for capacity building.

The lead consultant of the consortium of experts approved by World Bank to execute the project, Deola Adejuyigbe reiterated their commitment to ensure seamless implementation of the project within the time frame. Adejuyigbe commended the state workers for their readiness to adapt to the new technological trend, expressing great confidence in the abilities, perfomance and capacity of the first set of over 100 workers that were earlier trained to sustain the project and teach others.

The Accountant General of the state, Laolu Akindolire said SIFMIS would facilitate complete and timely exchange of data and information among ministries, departments and agencies and others.

“The state government, with the support of World Bank embarked on public sector reform programmes to strengthen the workforce and bring about efficient service delivery,” he said.

In this article

0 Comments