Osun State Government is currently going tough with the issue of budget transparency.
To this end, budget officers at the local government level have been saddled with the task of preparing a transparent and realisable budget for 2018.
The Permanent Secretary of the Ministry of Local Government and Chieftaincy Affairs in the state, Muftau Oluwadare, made the development known on Thursday while declaring open a seminar for Heads of Budget in the local government on the International Public Sector Accounting Standard (IPSAS).
The State Accountant General, Akintayo Kolawole who was represented by the Director of Final Account, Mr Ojo explained that IPSAS required full disclosure of financial information of government in the budget preparation.
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Akintayo said “whatever we budget for there must be corresponding figure for it.”
He added that the era of forcing the budget to balance was over saying that there must be justification for every item in the budget.
The Auditor – General for Local Government, Mr. Kolapo Emmanuel, advised them to work in collaboration with other officials of the council to ensure production of implementable budget.
The Director of Finance and Account of the Ministry of Local Government and Chieftaincy Affairs, Mr. Ibrahim Adewale encouraged budget officers to make use of excel to prepare budgets.
The Director of Local Government and Inspectorate Services, Mr Kola Adedokun, advised them to follow the call circular sent to them to prepare their budget.
