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FG Launches Open Treasury Portal (OTP)



The Nigerian Federal government led by President Muhammadu Buhari has on Monday launched an Open Treasury Portal through the office of the Accountant General of the Federation, Ahmed Idris as directed by President Buhari. This is aim at embracing Financial Transparency and driving the anti-corruption war of this administration.

The initiative aims at ensuring transparency in government, as well as curbing corruption in Ministries, Departments, and Agencies (MDAs).

President Muhammadu Buhari, who spoke while unveiling the portal in Abuja, said Office of the Accountant-General of the Federation (OAGF) has been mandated to issue a daily treasury statement of government’s transactions.

Represented by the Minister of State for Niger Delta Affairs, Senator Tayo Alasoadura, President Buhari explained that the Treasury statement will provide information and update about what comes in and out of the national purse.

The President is optimistic that the platform launched would further strengthen government’s drive towards curbing corruption through transparency and accountability.