Dike Onwuamaeze
The World Bank is set to disburse an additional $750 million to strengthen the implementation of the States Fiscal Transparency, Accountability and Sustainability (SFTAS) scheme.
The scheme was approved for Nigeria in December 2020 to support the implementation of the National Executive Council’s (NEC) COVID-19 Plan.
The planned disbursement was disclosed yesterday during the national workshop on Citizens Accountability Report (CAR) template under the SFTAS, which held in Lagos State for Southern states.
The CAR is a series of audit statements prepared by a government agency on behalf of the government to the citizens to ensure accountability of public funds.