Nigerians can now monitor all government spending online. The Nigerian treasury portal is where you can see reports of how federal and state government spends money.
The portal is updated daily. Now accountants in different government sector will have to publish daily reports on how money is being spent.
This article has detailed information on how you can use the open treasury portal. All ministers, departments and other government agencies are mandated to publish on daily basis.
The kinds of reports / records you will see on Open Treasury Portal Includes payment in excess of N5m and over. monthly budget performance and sundry other official financial transactions.
In addition, all publications must be in line with “International Public Sector Accounting Standards”.
Types Of Reports You Will See On Open Treasury Portal
The following reports will be published daily, weekly, and monthly on Nigerian Open Treasury Portal.
- Daily Payment Reports.
- Monthly Budget Performance Report.
- Monthly Fiscal Accounts.
- Quarterly Budget Performance Report.
- Quarterly Financial Statements (MDAs).
- Quarterly Consolidated Financial Statements.
- Annual General Purpose Financial Statements.
The open treasury portal is accessible by all Nigerians. You will learn how to use the open treasury portal when you click on the link below.
Remember to BOOKMARK this page and visit often for latest news and updates on Open Treasury Portal — www.opentreasury.gov.ng.
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