Mrs. Zainab Ahmed, Minister of Finance, Budget and National Planning, has inaugurated a 17-member National Steering Committee for the States Fiscal Transparency, Accountability, and Sustainability (SFTAS) Programme-For-Results. The minister inaugurated the committee on Tuesday in Abuja, charging members to consider the assignment as a call to national duty and ensure results were achieved within specified […]
States will be responsible for achieving the program results and thus will be leading the implementation of the PforR component. To support the implementation of the Program in each state, a state steering committee will be established in each of the participating states. The membership of the committee shall include representation from the key MDAs[…..]
The proposed Program is a hybrid with two components of activities that support Nigerian states to achieve the key result areas of the Program: (1) a performance-based financing component for state governments, which will be implemented as a PforR; and (2) a technical assistance (TA) component for states and selected national-level institutions, which will be[…..]
The State Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme for Results is a product of mutual agreement between the Federal Government of Nigeria and the World Bank designed to strengthen the Fiscal transparency, accountability and sustainability in Nigerian States as a way of improving their revenue base, increasing fiscal efficiency in public expenditure and reducing[…..]