Public Procurement And Managment Of Public Finances

Sub 1

Measures to establish appropriate systems of procurement based on transparency, competition and objective criteria in decision making in preventing corruption.

FISCAL RESPONSIBILITY LAW ; PUBLIC PROCUREMENT ACT (2007)

https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCsQFjAA&url=http%3A%2F%2Ffrc-nigeria.org%2FFiscal%2520Responsibility%2520Act.pdf&ei=yjrpUaDEAcqd7gb33ICwBg&usg=AFQjCNFvPCiTs-1OZl-e_aUZcIqWxbG7ug&sig2=n_D5xM0MC0Z3zf7lrySymw

Sub 2(a-e)

Measures which govern the federal budget and its accounting process; Timely reporting on revenue and expenditure; Accounting and auditing standards; effective and efficient systems of risk management and internal control.

FINANCE (CONTROL AND MANAGEMENT) ACT 1958= PUBLIC FINANCE (CONTROL AND MANAGEMENT) BILL 2009; FINANCIAL REGULATIONS 2009; CBN ACT

https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCsQFjAA&url=http%3A%2F%2Fwww.placng.org%2Flawsofnigeria%2Fnode%2F164&ei=xuTsUeq8O-vA7AbOyoGQBw&usg=AFQjCNGR7kkqi-YMXT1U2uz0Vza4dr2UgA&sig2=zH920P_tIoHhZL8ial5QnA

https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CEoQFjAB&url=http%3A%2F%2Fwww.nass.gov.ng%2Fnass%2Flegislation.php%3Fid%3D487&ei=TeXsUYHJMIeN7AasxIDgAg&usg=AFQjCNHD7hSszprtloRlXcOCe2J5SoIyYg&sig2=-wgQ6sNk04AUyxue7yJsIQ

https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&sqi=2&ved=0CCsQFjAA&url=http%3A%2F%2Fwww.ohcsf.gov.ng%2FDocuments%2Ffinancial_regulation.pdf&ei=0eXsUZ-PGIyA7QbT-IGQCg&usg=AFQjCNHvbG4I4mlMNRjW-gzEfLIxLdVbog&sig2=ewMTVALEbh4P_sOQT0ezTA

Sub 3

Civil and administrative measures to preserve the integrity of accountiong books, records, financial statements or other documents related to public expenditure and revenue to prevent falsification of such documents

 

About Author: Integrity Org

Integrity Organization is committed is an anti-corruption, research and advocacy organization. Its activities are centered on the aim to reduce the tolerance for corruption in Nigeria.

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