Ogun State Head of Service (HoS), Mr. Kolawole Fagbohun, has assured members of the Review Committee on Financial Regulations that both the Civil/Public Servants and political class would be properly orientated and inducted to ensure full implementation of the documents for efficiency and productivity.
Mr. Fagbohun gave the assurance while receiving copies of the revised edition of the document on behalf of the state government from the members of the Committee led by its Chairman, a retired Accountant General/Permanent Secretary, Treasury, in the state Civil Service, Pst. 'Seye Senfuye, in his office at Oke-Mosan, Abeokuta, explaining that there was a need to update and upgrade the regulations to meet today's best practices, as Public Servants were trustees of the public and must always remain accountable and transparent in their dealings in the Service.
While commending the committee members for their relentless efforts and doggedness in completing the task, the Head of Service revealed that work was already in progress to approve other documents presented earlier, promising that efforts would be made to fast-track the approval of the revised document.
"We realised we were using obsolete financial regulations. That is why we put the body in place to review it and I'm relieved that justice would have been done to the review. I appreciate you all for the good job done", he said.
Earlier in his presentation, Pst. Senfuye, said gaps, inconsistencies and obsolete areas impeding operational efficiency were identified with solutions provided in two volumes.
While listing part of the review done to include, amendment of 167 regulations and clauses to be in tandem with best practices, removal of 27 obsolete, irrelevant clauses and regulations, the introduction of 231 new clauses and regulations, as well as outright introduction of three new chapters, while retaining 463 regulations and clauses, Pst. Senfuye noted that the move was to reflect high ethical standards, transparency and accountability in the financial process in the Public Service of Ogun State.
He revealed that the committee embarked on wide consultations with relevant Ministries and extra-ministerial departments, as well as Lagos, Oyo, Kwara, Kaduna and Gombe States for peer review of their current financial regulations, adding that the Committee also utilised the Draft of the Federal Government Financial Regulations 2022 from the Office of the Accountant General of the Federation and other documents to arrive at the final draft.
He recommended that training and retraining programmes be put in place for all Public Officers, political functionaries and Civil Servants, for effective utilisation of the report, advising that copies should be made available as inventories in all Ministries, Departments and Agencies (MDAs) of government, just as every officer should avail themselves of soft copies.
Other members of the Committee were, Permanent Secretary, Ministry of Community Development and Cooperatives, Mr. Fatai Ogunlana, his counterpart in Finance, Mr. Muftau Towolawi; retired Accountant General/Perm Sec Treasury, Mr. Michael Idowu; retired Director of Inspectorate, Mr. Larry Ilori, as well as Directors, Deputy Directors, Administrative Officers, among other co-opted officials.
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