Former Sokoto State Commissioner for Finance, Honourable Abdussamad Dasuki, has formally handed over the Ministry to the Permanent Secretary, Dahiru Balarabe Abbas.
At the handover ceremony were the Accountant-General, Umar Balarabe; Deputy Accountant-General, Musa Mohammad Maccido; Director, Debt Management, Murtala Umar Dogondaji; and Director of Funds, Aliyu Abubakar Dange.
Dasuki who took over the affairs of the Ministry in 2019, had earlier tendered his resignation in March in compliance with the Electoral Act. He recently returned from a foreign trip to formally hand over to the permanent secretary.
Speaking at the handover ceremony, the former commissioner extolled Governor Aminu Tambuwal’s sterling leadership, which had placed Sokoto in good stead for rapid growth and development.
Dasuki, who is the Santuraki of Sokoto, said the prudent management of the resources of the state by the Tambuwal administration, the laudable reforms executed by the finance ministry, and the various legacy projects across the state, placed Sokoto in a better position to compete favourably for investments and meet the aspirations of its people.
The former commissioner said he felt fulfilled that he was handing over a reformed ministry that played a key role in the various reforms executed by the Tambuwal administration.
He said with the reforms initiated and executed, the Finance Ministry was adequately prepared to continue to lead the way in the development agenda of the state government.
He recalled that at the inception of the Tambuwal administration, government finances were at the lowest ebb due to low FAAC Inflow, weak internal revenue generation, abandoned and unpaid capital projects, and gratuity liabilities.
“It was these and many others that the government had to grapple with at inception,” he said, adding that the Ministry of Finance, whose sole responsibility is the management of public finance, disbursement, execution of financial policies, and management of public debt and securities, was consequently saddled with the responsibility of reversing this ugly trend.
Faced with these challenges, he said the Tambuwal administration came up with strategies to reform the public finance to ensure prudent management of resources, blocked loopholes in the state payroll, and instituted a regime of transparency and accountability in public finance.
Dasuki said those reforms boosted the state’s cash inflow and paved the way for the provision of developmental projects across Sokoto.
He said the reforms of the state finances also received recognitions from major institutions, including a grant of $33 million in three years and expecting another $22 million before the end of 2022 from the World Bank for the commitment to the implementation of the States Fiscal Transparency, Accountability, and Sustainability programme following its impressive score in the SFTAS ranking so far, placing it among the top three states in the country to achieve such ranking.
Sokoto also emerged first among the 36 states and the Federal Capital Territory in the payment of taxes column of the Subnational Ease of Doing Business Baseline Survey as announced by the Presidential Enabling Business Environment Council.
He also listed the enactment of the harmonised Consolidated Revenue Law of 2019, which had helped the state to raise its IGR by 97 percent.
Other achievements of the ministry, according to Dasuki, include continued automation of revenue processes; establishment of revenue codes for the state and all the 23 local governments; establishment of a Single Treasury Account; Adoption of a Cash Management Strategy; Adoption of Monthly Debt Arrears Clearance Framework on Contract and Gratuity payments; Establishment of SFTAS Secretariat; provision of utility vehicles, motorcycles, office furniture, ICT facilities and equipment; and construction of an ultramodern Revenue House and Complex.
The former commissioner thanked Governor Tambuwal for the opportunity to serve at the helm of affairs of the finance ministry for three years, adding that he was confident that the achievements recorded by the ministry had placed Sokoto on the front row of states that had reformed their finance sector for optimal performance.
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