President Bola Tinubu, on Tuesday, committed to utilizing technology to enhance fiscal transparency and improve governmental efficiency.
He stated that these efforts are part of broader economic reforms aimed at eliminating punitive subsidies, curbing revenue leaks, and expanding social investment programs across all 36 states and the Federal Capital Territory (FCT).
Tinubu made this declaration during the opening of the 54th annual accountants’ conference in Abuja, themed ‘Governance Reimagined: Mapping the Future.’
Represented by the Minister of Budget and Economic Planning, Abubakar Bagudu, the president said, “We are committed to leveraging cutting-edge technologies to boost transparency and efficiency and cultivate strategic partnerships that pave the way for sustainable development.”
“Our collective vision for Nigeria’s future is anchored in strengthening our institutions and nurturing a pervasive culture of accountability.”
Tinubu emphasized that his ultimate vision for Nigeria’s future focuses on reinforcing its institutions and promoting a widespread culture of accountability.
“Our reforms include removing punitive subsidies from the economy. Revenue bleeding has reduced, and the three tiers of government are receiving higher allocations, which enable more support for vulnerable populations.
“Social investment spending is increasing, the minimum wage has risen, student loans are available, and interventions to support NANO, MSMEs, farming, fishing, and the livestock sector have increased,” he stated.
According to the president, the conference’s theme reflects his administration’s goals and signifies a pivotal moment in their ongoing efforts to reform governance and strengthen accountability nationwide.
Tinubu defended his economic reforms over the past 17 months, explaining that they were deliberately designed to propel the nation forward.
“Our reforms include removing punitive subsidies from the economy. Revenue bleeding has reduced, and the three tiers of government are receiving higher allocations, which enable more support for vulnerable populations.
“Social investment spending is increasing, the minimum wage has risen, student loans are available, and interventions to support NANO, MSMEs, farming, fishing, and the livestock sector have increased,” he reiterated.
The president also reminded the accountants in attendance of their critical role in the nation’s development.
“As we convene in this esteemed assembly, I would like to pose a question: How can we, as stewards of governance and accountability, harness our collective expertise to foster a more transparent, efficient, and equitable society?
“Your role as accountants in cultivating transparency, upholding integrity, and managing our nation’s resources adeptly is indispensable.
“Your expertise does not merely shape our economic landscape—it fortifies the foundation of trust upon which our societal progress is built,” he concluded.
