Read..This is the news for you ....peeps ...always come back for more......
NOW THE NEWS IN FULL.....
The Federal Government has announced plans to introduce a zero based budget system as a step towards fighting corruption and blocking leakages in the public service.
Addressing participants at the Nigerian Economic Summit on Wednesday, Vice President Yemi Osinbanjo said that the initiative would require ministries, departments and agencies to justify their budgetary allocations for each year.
With over 500 federal agencies in the country, a great chunk of the nation’s budget goes into payment of workers wages, but the new administration said that it has come up with a system to ensure that unnecessary items are not listed in the budgets of federal institutions except for projects with direct impact on the economy.
Prof. Osinbajo said that although, the process would be rigorous and stressful, it would ensure transparency and accountability.
Economic experts gathered for a second day at the National Economic Summit to discuss how to reform the nation’s public sector through transparency and accountability.
Recommendations from countries that have done well in the areas of stamping out corruption in their public service were discussed. According to former Prime Minister of Georgia, Nika Gilauri, a key step to achieving same result in Nigeria should be in the areas of staff motivation and capacity building.
Others were of the view that fighting corruption in the public service can only be achieved through the collaboration of the private sector who could serve as whistle blowers when shady deals are discovered.
Although, tackling corruption in the public service would require concerted efforts by government and a new orientation by the nation’s workforce, the consensus was that a more transparent public service is achievable if the right policies are in place.
The post Government To Introduce Zero Based Budget System appeared first on Channels Television.
KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......
Source : http://www.coolnsmart.com/wise_quotes/
YOU CAN SKIP THIS PART(short joke)...
A young couple moved into a new neighbourhood. The next morning while eating breakfast, the young woman saw her neighbour through the window hanging the wash outside.
"That laundry is not clean," she said. "She doesn't know how to wash correctly. Perhaps she needs better laundry soap".
Her husband looked on, but remained silent. Every time the neighbour would hang laundry to dry, the young woman would make the same
comments.
About one month later, the woman was surprised to see nice clean wash on the line and said to her husband: "Look, she has learnt how to wash correctly. I wonder who taught her this!"
The husband replied: "I got up early this morning and cleaned our windows."
And so it is with life.
What we see when watching others depends on the purity of the window through which we look.
Easy to discuss other people, their lives and things that don't really concern us.
Yet we tend to forget- our window isn't that clean after all.
Clean up your window with the WORD! (THE TRUTH.)
LORD, please give us the strength, humility and courage that we may work on our faults first rather than seeing the faults in Others and castigating them.
Have a beautiful Week !
0 Response to "Government To Introduce Zero Based Budget System"
Post a Comment