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DBN, BOI, PENCOM  top 2022 integrity index ranking for MDAs

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 The Development Bank of Nigeria DBN Bank of Industry BOI and National Pension Commission PENCOM have emerged as the top three organisations in the 2022 Transparency and Integrity Index ranking for Ministries Departments and Agencies MDAs The News Agency of Nigeria reports that the DBN came top of the ranking with 58 74 points while BOI and PENCOM scored 48 33 each to finish second and third respectively The Nigerian Extractive Industries Transparency Initiative NEITI Bureau of Public Service Reforms Bureau of Public Procurement Debt Management Office ICPC and Nigeria Sovereign Investment Authority were among the top 10 The ranking was carried out by the Centre for Fiscal Transparency and Integrity Watch CeFTIW supported by MacArthur Foundation The Executive Director of CeFTIW Mr Umar Yakubu said at the 511 MDAs were assessed across six broad variables Yakubu said the ranking was aimed at preventing corruption in public office as it centred on procurement budget human resources inclusion and website integrity We used this to check the level of transparency with regards to public finances especially in procurement how the MDAs spend their money generate taxes recruit people it also assesses them generally on efficiency It is on this assessment that we brought out the ranking of 511 institutions which you saw where some did well and some did not do well We want MDAs to do well We hope they will engage Nigerians more on their websites and it is a way of preventing corruption he said Yakubu regretted that most MDAs chose to present information on their citizen engagement but decline information on procurement which turned out to be where the corruption centered more He also frowned at the non availability of information on federal character from the MDAs to enable Nigerians know states representation in the various public offices Those are the things missing but citizens engagement social media relationship are very active but our aim is for the MDAs to give information on procurement and publish their audited report Highest score last year was 31 per cent while this year is over 50 per cent so it is a sign that things will get better He said that the centre had already involved the EFCC ICPC and Code of Conduct Bureau to compel defaulting MDAs to give information on procurement and things concerning their finances The Secretary to Government of the Federation SGF Mr Boss Mustapha said the federal government had stepped up measures to strengthen external audit scrutiny in the management of public funds Mustapha represented by Mr Nnamdi Mbaeri Permanent Secretary General Services office of the SGF said the measures would be achieved through the introduction of the Open Treasury Portal for full disclosure of payments Mr Dasuki Arabia Director General Bureau of Public Service Reforms said transparency and accountability were critical in ensuring that resource were properly managed for the benefit of all Arabia said the need for prudence and transparency in government were informed by the economic vulnerability caused by the dip in oil prices across the world and the wide perception of Nigeria been regarded as a nation bedeviled with high rate of corruption Prudent public finance management have become imperative as government continues to face significant fiscal constraints with expenditures rising much faster than revenues resulting in rising budget deficits and borrowings Accordingly the unveiling of the Probe Monitor Portal and the Public Service Diary Application is a laudable step towards creating reservoir of knowledge for judicial processes It will also strengthen track records of Public Servants towards mentorship and promoting core ethical values within Public Institutions Arabia said He noted that wake of the Post COVID and its attendant consequences as well as global trend of economic recession had made it imperative for nations to review their economic policies Arabia also noted that nations were now fashioning out new Public Financial Management models towards economic growth and development NewsSourceCredit NAN
DBN, BOI, PENCOM  top 2022 integrity index ranking for MDAs

Development Bank of Nigeria

The Development Bank of Nigeria (DBN), Bank of Industry (BOI)  and National Pension Commission (PENCOM) have emerged as the top three organisations in the 2022 Transparency and Integrity Index ranking for Ministries, Departments and Agencies (MDAs).

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News Agency

The News Agency of Nigeria reports that the DBN came top of the ranking with 58.74 points, while BOI and PENCOM scored 48.33 each, to finish second and third respectively.

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Nigerian Extractive Industries Transparency Initiative

The Nigerian Extractive Industries Transparency Initiative (NEITI), Bureau of Public Service Reforms, Bureau of Public Procurement, Debt Management Office, ICPC and Nigeria Sovereign Investment Authority were among the top 10.

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Centre for Fiscal Transparency and Integrity Watch

The ranking was carried out by the Centre for Fiscal Transparency and Integrity Watch (CeFTIW), supported by MacArthur Foundation.

Executive Director of CeFTIW

The Executive Director of CeFTIW, Mr Umar Yakubu said at the 511 MDAs were assessed, across six broad variables.

Yakubu said the ranking was aimed at preventing corruption in public office as it centred on procurement, budget, human resources, inclusion and website integrity.

“We used this to check the level of transparency with regards to public finances especially in procurement, how the MDAs spend their money, generate taxes, recruit people; it also assesses them generally on efficiency.

“It is on this assessment that we brought out the ranking of 511 institutions which you saw where some did well and some did not do well.

“We want MDAs to do well.

We hope they will engage Nigerians more on their websites, and it is a way of preventing corruption,” he said.

Yakubu regretted that most MDAs chose to present information on their citizen- engagement but decline information on procurement which turned out to be where the corruption centered more.

He also frowned at the non availability of information on federal character from the MDAs to enable Nigerians know states representation in the various public offices.

“Those are the things missing, but citizens engagement, social media relationship are very active but our aim is for the MDAs to give information on procurement and publish their audited report.

“Highest score last year was 31 per cent, while this year is over 50 per cent, so it is a sign that things will get better.

ICPC and Code of Conduct Bureau

He said that the centre had already involved the EFCC, ICPC and Code of Conduct Bureau to compel defaulting MDAs to give information on procurement and things concerning their finances.

Government of the Federation

The Secretary to Government of the Federation (SGF), Mr Boss Mustapha said the federal government had stepped-up measures to strengthen external audit scrutiny in the management of public funds.

Nnamdi Mbaeri

Mustapha, represented by Mr Nnamdi Mbaeri, Permanent Secretary, General Services, office of the SGF, said the measures would be achieved through the introduction of the Open Treasury Portal, for full disclosure of payments.

Dasuki Arabia

Mr Dasuki Arabia, Director General, Bureau of Public Service Reforms said transparency and accountability were critical in ensuring that resource were properly managed for the benefit of all.

Arabia said the need for prudence and transparency in government were informed by the economic vulnerability caused by the dip in oil prices across the world, and the wide perception of Nigeria been regarded as a nation bedeviled with high rate of corruption.

“Prudent public finance management have become imperative as government continues to face significant fiscal constraints, with expenditures rising much faster than revenues, resulting in rising budget deficits and borrowings.

Probe Monitor Portal

“Accordingly, the unveiling of the Probe Monitor Portal and the Public Service Diary Application is a laudable step towards creating reservoir of knowledge for judicial processes.

Public Servants

“It will also strengthen track records of Public Servants towards mentorship and promoting core ethical values within Public Institutions,” Arabia said.

He noted that wake of the Post-COVID and its attendant consequences as well as global trend of economic recession had made it imperative for nations to review their economic policies.

Public Financial Management

Arabia also noted that nations were now fashioning out new Public Financial Management models towards economic growth and development.

NewsSourceCredit: NAN

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