OAGF Introduces Reforms for Transparency in World Bank Projects

The Office of the Accountant General of the Federation (OAGF) unveiled reforms to boost transparency and efficiency in World Bank-funded projects in Nigeria. The reforms aim to strengthen accountability and restore confidence in project delivery.

Key measures include the development of a financial management manual, the use of a blockchain-based platform, and ensuring project finance management personnel remain in place for six months after project closure. These initiatives seek to enhance trust, optimize resource utilization, and prevent lapses in project implementation.