FG duties establish the judicious use of UBEC funds

The Federal Government has called on state governments to ensure responsible and transparent use of the matching grants allocated for the implementation of the Universal Basic Education Commission programme.

the Executive Secretary of UBEC, Hamid Bobboyi, gave this directive during the opening of a six-day training program in Abuja for accountants and auditors of UBEC and State Universal Basic Education Boards.

Addressing the audience, Bobboyi condemned the unnecessary pressure that state officials often put on financial officers, and urged SUBEBs financial officers to uphold integrity and resist such pressure to avoid compromising standards come.

“The training aims to update participants on the revised accounting manual and provide a comprehensive understanding of financial violations and sanctions.

“This knowledge is essential for guaranteeing effective services in primary education,” said Bobboyi.

Bobboyi highlighted the mandates of UBEC and SUBEBs in the implementation of the Universal Basic Education programme, stressing the importance of a robust accounting system to ensure judicious use of public funds.

He underlined the responsibility to be accountable to the public regarding the management of the Federal Government’s UBE Intervention Fund.

He said to achieve these objectives, continuous improvement of the professional competence of UBEC and SUBEB staff is necessary.

Despite previous training efforts, there has been limited improvement in financial practices, Bobboyi lamented.

He cited findings from UBEC’s regular quarterly financial monitoring, which revealed poor administration and violations of established guidelines.

The findings and recommendations of these monitoring activities have been communicated to the SUBEBs for corrective action.

Bobboyi stressed the importance of adhering to existing rules and guidelines to ensure accountability and transparency in financial transactions.

“As a financial officer, it is your duty to strictly comply with these government regulations.

“Engaging in or condoning misconduct will not be excused. Remember that UBEC financial monitoring reports may be requested by regulatory compliance agencies,” he said.

He urged the participants to fully commit to the training and return to their offices equipped with the necessary skills and knowledge to improve accounting practices at both the Commission and the Boards of Directors.

The Director of Finance and Accounts at UBEC, Adamu Misau, noted that to protect the FGN-UBE Intervention Fund, a new sanctions regime, developed in 2022, had been approved for implementation. The delay in its implementation was intended to ensure that all financial managers received adequate training, which the current program aimed to provide.

“We expect that by the end of this training, financial officers will be better prepared to manage the FGN-UBE Intervention Funds responsibly, in compliance with financial regulations and due process,” Misau concluded.