NPA, firm signs MoU on budget implementation

The Nigerian Ports Authority (NPA) and BudgiT Information Technology Network have signed a Memorandum of Understanding ( MoU) to open up its budget for the public and provide Nigerians with all the necessary information during its implementation.

The authority’s General Manager, Public Affairs, Chief Michael Ajayi, in a statement noted that the plans would create efficiency and transparency in the organization.

The MoU was signed by the management of the NPA and BudgiT Information Technology Network to assist NPA in promoting transparency and accountability in all its operations.

The   Managing Director of the authority, Ms Hadiza Balla Usman, explained that the partnership became necessary for the development of an open budget system platform and implementation of a public data dissemination programme that will help the agency in blocking revenue leakages.

The firm started operation in 2011 and Usman said that the company had achieved feats in the space of socio-technological advocacy towards opening up of public budgets for citizens’ comprehension.

Usman stressed that NPA would be able to deliver on its mandate and create more wealth for Nigerians.

She added that the MoU would also assist NPA as a critical organ in the economic artery of the nation to promote effective and efficient management of all its 24 terminals across the country.

Usman said that MoU would also instil a framework for transparent budget provisions for the authority, saying that it would allow stakeholders to add their inputs, encourages participatory governance by way of feedbacks and creates an enabling environment to encourage foreign investment.