By Ambrose Nnaji
The Inter-Ministerial Task Team (IMTT) will be resuscitated such that it will come back to life and will continue to discharge the very objectives for which the government set up the committee to achieve, the Accountant General, Mr Ahmed Idris has said.
Idris, who stated this during a visit to the Nigeria Extractive Industries Transparency Initiative (NEITI) Secretariat, agreed on modalities and the framework for the new IMTT with the Executive Secretary, Dr Orji Ogbonnaya Orji adding the result will begin to come very soon.
The Inter-Ministerial Task Team was set up by the Federal Government to ensure prompt implementation of findings and recommendations contained in the industry audit reports of NEITI
Meanwhile, the Nigeria Extractive Industries Transparency Initiative is to sign a memorandum of understanding (MoU) with the Nigeria Financial Intelligence Unit (NFIU).
The MoU is to define modalities for deepening the engagement with the NFIU in the areas of information and data sharing in financial corruption in the extractive industries.
The Executive Secretary of NEITI, explained that these measures are designed to ensure that those who take compliance to NEITI processes for granted will have themselves to blame for the consequences.
The MoU will also define parameters for strengthening the technical working group earlier established by the two agencies. NFIU will also collaborate with NEITI on training and manpower development.
The Accountant General explained that NEITI is working in the areas of curbing corruption and plugging leakages.
“We are here essentially to strengthen our partnership and collaboration because we have a common goal. I feel it is important to visit them to strengthen our relationship. This is essentially the purpose of my visit,” Idris stated.
He said: “The visit shows the importance we attached to the great work NEITI is doing in terms of looking into revenues from extractive industries that is supposed to come to government and ensuring that such revenues duly come as at when due and they are fully accounted for”.
“We have a lot in common because as a treasury, we also have an oversight function on revenues coming to government not just the federal government but to the entire federation and that is also what NEITI is doing,” he added.
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The Executive Secretary, NEITI, described the Accountant Generals’ visit as most encouraging considering efforts at revitalizing the IMTT.
“We want to work with all agencies that either take custody of government funds, warehouse or manage them because most of these funds come from the extractive industries and the Office of the Accountant General of the Federation is the nation’s treasury house and the Accountant General of the Federation has enormous responsibilities in that regards,” Orji said.
The NEITI boss regretted in the last five years, the IMTT has not been very active but pointed out that with the Accountant General of the Federation working with NEITI, that Committee will be resuscitated and will help to reduce to the barest minimum the chances of NEITI quarreling with sister agencies on the pages of newspapers.
